Jump to content

Opel/Vauxhall News: Opel Sale Hits A Roadblock Due to Development Center Issue


Recommended Posts

If General Motors and PSA Group were hoping to have a smooth sale of Opel, they were dashed this week.

Both Automobilwoche and German newspaper Allgemeine Zeitung report Opel's work council and German labor union IG Metall have some specific demands for workers at Opel's development center in Rüsselsheim. The two parties want a guarantee that 7,700 workers will keep their jobs at the center and that continue performing work for GM until 2020 - which could account for 30 percent of the development center's output. 

There are also some disagreements on vehicle development. PSA Group wants the next-generation Corsa subcompact to use one their platforms, while Opel wants to keep the current platform and also wants to develop an SUV based on the Insignia platform. 

Until this issue can get resolved, GM and PSA Group cannot move forward with the Opel sale. Originally, GM was planning to move their European assets into a new company titled Opel Automobile GmbH. But plans for this have been postponed.

"Only when these service contracts are signed and the new ITEZ contract is signed can the business transition come," an insider told Allgemeine Zeitung.

A spokeswoman for the works council told Automobilwoche that there was no disagreement between the various parties on this issue. But the complexity of this matter has pushed back plans for workers to ratify the agreement.

Information sessions about the agreement that were supposed to take place this week have been reportedly canceled.

Source: Automobilwoche, Allgemeine Zeitung


View full article

Link to post
Share on other sites

Bloody Unions will be the death of companies.

I could see GM deciding to just kill off the product line and lay off everyone. Would not hurt the overall company in the long term and it would reduce the extreme surplus production capacity. These people have got to wake up to the fact that nothing lasts forever and nothing is a job for life.

Link to post
Share on other sites

Wait... who is calling the shots at Opel these days... Opel or GM?  Opel wants a crossover on the Insignia platform? That's... kinda dumb. The new Small-Midsize crossover platform is on Delta (Equinox / Terrain)  The larger mid-size is on C1 platform (Acadia, XT5) which is a distant cousin of Epsilon (E2).

PSA is probably in the right to want to use their own platform for the Corsa otherwise it ends up on Gamma.

  • Upvote 1
Link to post
Share on other sites

I think this is just hijacking tactics by the German unions to keep jobs safe in Germany.

PHOQUE GERMANY!

The Euro-zone is crumbling because there only a few countries that benefit from factories...

 

Greece is blamed for its problems because

1. Greeks are lazy

2  Greece and its socialist government

3. Greece is corrupt

Yet NOBODY mentions outside of selling olives and feta cheese and a couple of tourists coming to see the Parthenon and swim at her beaches, there are NO jobs!!!

Germany keeps ALL her manufacturing to HERSELF(or is it himself as Hitler called Germany the Fatherland)

Anyway!

PHOQUE Germany! I hope PSA buys Opel and moves ALL of Opel's factories in France!!!!

 

 

 

  • Upvote 1
Link to post
Share on other sites
5 hours ago, Drew Dowdell said:

Wait... who is calling the shots at Opel these days... Opel or GM?  Opel wants a crossover on the Insignia platform? That's... kinda dumb. The new Small-Midsize crossover platform is on Delta (Equinox / Terrain)  The larger mid-size is on C1 platform (Acadia, XT5) which is a distant cousin of Epsilon (E2).

PSA is probably in the right to want to use their own platform for the Corsa otherwise it ends up on Gamma.

Yeah, that is the scary part....I think they simply either don't have a clue, or they don't give a rat's butt. Dfelt has the right idea....would be sad, but if they want to learn the hard way.....

Link to post
Share on other sites
7 hours ago, Drew Dowdell said:

Wait... who is calling the shots at Opel these days... Opel or GM?  Opel wants a crossover on the Insignia platform? That's... kinda dumb. The new Small-Midsize crossover platform is on Delta (Equinox / Terrain)  The larger mid-size is on C1 platform (Acadia, XT5) which is a distant cousin of Epsilon (E2).

PSA is probably in the right to want to use their own platform for the Corsa otherwise it ends up on Gamma.

insignia platform would actually be perfect for a more carlike crossover, not trucky, larger than the small equinox.  Edge competitor.  And it wouldn't handle like a turd.

7 hours ago, oldshurst442 said:

I think this is just hijacking tactics by the German unions to keep jobs safe in Germany.

PHOQUE GERMANY!

The Euro-zone is crumbling because there only a few countries that benefit from factories...

 

Greece is blamed for its problems because

1. Greeks are lazy

2  Greece and its socialist government

3. Greece is corrupt

Yet NOBODY mentions outside of selling olives and feta cheese and a couple of tourists coming to see the Parthenon and swim at her beaches, there are NO jobs!!!

Germany keeps ALL her manufacturing to HERSELF(or is it himself as Hitler called Germany the Fatherland)

Anyway!

PHOQUE Germany! I hope PSA buys Opel and moves ALL of Opel's factories in France!!!!

 

 

 

tinfoil hat to me suggests the 'sale' was not really a sale yet, but other than to say GM sold a dead weight asset......when in reality what is probably hapenning is an actual merger......

Link to post
Share on other sites
3 hours ago, regfootball said:

tinfoil hat to me suggests the 'sale' was not really a sale yet, but other than to say GM sold a dead weight asset......when in reality what is probably happening is an actual merger......

GM woke up to the real fact that as long as the Unions have the GOV in their pocket and are protected, they will not make money and it is the ultimate money pit. Time to cut losses and walk away.

There is a reason why the asian brands never bought mainland European car companies. They knew better than to get connected with that union mess.

As I said, if GM cannot unload Opel, then just shut it down and kill it. Best way to go.

Link to post
Share on other sites

So IG Metall is putting up demands in order to allow a sale of Opel to PSA.  REALLY?!  Since when do unions have a say on matters such as these?

If the sale is scuttled because of this, then Mary Barra should simply shutter Opel posthaste with no mercy.  Teach IG Metall and other German unions the party is officially over.

Link to post
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



  • Social Stream

  • Similar Content

    • By William Maley
      Future small cars from Fiat Chrysler Automobiles will not be using an updated version of their small car platform. Instead, they'll be underpinned by PSA Group's Common Modular Platform (CMP).
      Automotive News obtained a letter sent by FCA to suppliers in July stating "to immediately stop any research, development and tooling construction activities on future B-segment (small/subcompact) cars." These include the Fiat 500 and Jeep Renegade to give some context. The letter goes on to say it is moving to CMP and that vehicles based on this will be built at the company's Tychy, Poland plant - home to 500 and Lancia Yplilon production. 
      FCA had already put a stop, albeit a temporary one on developing parts for the five new small cars that were destined to use this platform due to COVID-19. There will be one model that will move forward on this orphaned platform - the upcoming 500 electric for Europe.
      As for CMP, this underpins the Peugeot 208 and 2008; Opel/Vauxhall Corsa, Mokka; and the DS3 Crossback. It allows for both combustion and electric powertrains.
      Moving to CMP is another step towards FCA and PSA Group's merger to become Stellantis. It is unclear whether or not the U.S. will see any of the new models that will use CMP from FCA's brands.
      Source: Automotive News (Subscription Required)

      View full article
    • By William Maley
      Future small cars from Fiat Chrysler Automobiles will not be using an updated version of their small car platform. Instead, they'll be underpinned by PSA Group's Common Modular Platform (CMP).
      Automotive News obtained a letter sent by FCA to suppliers in July stating "to immediately stop any research, development and tooling construction activities on future B-segment (small/subcompact) cars." These include the Fiat 500 and Jeep Renegade to give some context. The letter goes on to say it is moving to CMP and that vehicles based on this will be built at the company's Tychy, Poland plant - home to 500 and Lancia Yplilon production. 
      FCA had already put a stop, albeit a temporary one on developing parts for the five new small cars that were destined to use this platform due to COVID-19. There will be one model that will move forward on this orphaned platform - the upcoming 500 electric for Europe.
      As for CMP, this underpins the Peugeot 208 and 2008; Opel/Vauxhall Corsa, Mokka; and the DS3 Crossback. It allows for both combustion and electric powertrains.
      Moving to CMP is another step towards FCA and PSA Group's merger to become Stellantis. It is unclear whether or not the U.S. will see any of the new models that will use CMP from FCA's brands.
      Source: Automotive News (Subscription Required)
    • By William Maley
      We'll excuse you if you forgot that Fiat Chrysler Automobiles and PSA Group have been working towards finalizing their merger considering the state of the world at the moment. But the two are making serious headway as they have announced the new name of the multi-national corporation that will form once the two merge. Meet Stellantis.
      Don't worry, you're not the only who is thinking "What" or thinking of some clever joke to make fun of this name. We'll let the two explain what this name means?
      Yeah, if this doesn't like something from a branding agency, we don't what does.
      We should note here that Stellantis will only be used at a corporate level, not as a individual brand for vehicles.
      Source: FCA
      Press Release is on Page 2


      STELLANTIS: The Name of the New Group Resulting From the Merger of FCA and Groupe PSA
      July 15, 2020 , Vélizy-Villacoublay, France and London - In a major step as they move toward the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) today announce that the corporate name of the new group will be STELLANTIS.
      STELLANTIS is rooted in the Latin verb “stello” meaning “to brighten with stars.” It draws inspiration from this new and ambitious alignment of storied automotive brands and strong company cultures that in coming together are creating one of the new leaders in the next era of mobility while at the same time preserving all the exceptional value and the values of its constituent parts. STELLANTIS will combine the scale of a truly global business with an exceptional breadth and depth of talent, knowhow and resource capable of providing the sustainable mobility solutions for the coming decades. The name’s Latin origins pay tribute to the rich history of its founding companies while the evocation of astronomy captures the true spirit of optimism, energy and renewal driving this industry-changing merger.
      The process of identifying the new name began soon after the Combination Agreement was announced and the senior management of both companies have been closely involved throughout, supported by Publicis Group.
      The STELLANTIS name will be used exclusively at the Group level, as a Corporate brand. The next step in the process will be the unveiling of a logo that with the name will become the corporate brand identity. The names and the logos of the STELLANTIS Group’s constituent brands will remain unchanged.
      As previously stated, completion of the merger project is expected to occur in the first quarter of 2021, subject to customary closing conditions, including approval by both companies’ shareholders at their respective Extraordinary General Meetings and the satisfaction of antitrust and other regulatory requirements.

      View full article
    • By William Maley
      We'll excuse you if you forgot that Fiat Chrysler Automobiles and PSA Group have been working towards finalizing their merger considering the state of the world at the moment. But the two are making serious headway as they have announced the new name of the multi-national corporation that will form once the two merge. Meet Stellantis.
      Don't worry, you're not the only who is thinking "What" or thinking of some clever joke to make fun of this name. We'll let the two explain what this name means?
      Yeah, if this doesn't like something from a branding agency, we don't what does.
      We should note here that Stellantis will only be used at a corporate level, not as a individual brand for vehicles.
      Source: FCA
      Press Release is on Page 2


      STELLANTIS: The Name of the New Group Resulting From the Merger of FCA and Groupe PSA
      July 15, 2020 , Vélizy-Villacoublay, France and London - In a major step as they move toward the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) today announce that the corporate name of the new group will be STELLANTIS.
      STELLANTIS is rooted in the Latin verb “stello” meaning “to brighten with stars.” It draws inspiration from this new and ambitious alignment of storied automotive brands and strong company cultures that in coming together are creating one of the new leaders in the next era of mobility while at the same time preserving all the exceptional value and the values of its constituent parts. STELLANTIS will combine the scale of a truly global business with an exceptional breadth and depth of talent, knowhow and resource capable of providing the sustainable mobility solutions for the coming decades. The name’s Latin origins pay tribute to the rich history of its founding companies while the evocation of astronomy captures the true spirit of optimism, energy and renewal driving this industry-changing merger.
      The process of identifying the new name began soon after the Combination Agreement was announced and the senior management of both companies have been closely involved throughout, supported by Publicis Group.
      The STELLANTIS name will be used exclusively at the Group level, as a Corporate brand. The next step in the process will be the unveiling of a logo that with the name will become the corporate brand identity. The names and the logos of the STELLANTIS Group’s constituent brands will remain unchanged.
      As previously stated, completion of the merger project is expected to occur in the first quarter of 2021, subject to customary closing conditions, including approval by both companies’ shareholders at their respective Extraordinary General Meetings and the satisfaction of antitrust and other regulatory requirements.
    • By William Maley
      While the focus on the electric vehicles have been on the ultra plush and quick models from the likes of Tesla, Audi, and Jaguar, there is a lot of work being done for electric delivery vans. The combination of reduced maintenance, low fuel costs, and an abundance of torque to deal with heavy loads make them a perfect to do deliveries in urban areas. Rivian is the most-well known player here with plans to build out a fleet of electric vans for Amazon. Another player is ready to join the fight.
      Reuters reported yesterday that General Motors is working on a electric van for the commercial market. Five sources reveal that the van - codenamed BV1 - is expected to go into production late next year. It is expected to use Ultium battery technology that GM first talked about back in March. Utilizing this could solve one of the big issues with EVs, price. By switching Cobalt (expensive) for Aluminum (less expensive), GM says it will drop the cost of a battery to $100 per kilowatt-hour - making it around the same cost as regular gas powered van. Analysis done last year put the kilowatt-hour cost of a battery at $159. 
      One item still being debated internally is whether the van will be sold as Chevrolet, GMC, or a new brand. 
      When asked by Reuters, GM said it is “committed to an all-electric future and is implementing a multi-segment, scalable EV strategy to get there. At this time, we do not have any announcements to make regarding electric commercial vehicles.”
      GM isn't the only company getting on the electric van train. Ford has announced plans for an electric version of the Transit to launch in 2022, and British startup Arrival which has the backing of Hyundai, currently has an order of 10,000 vans from UPS.
      Source: Reuters

      View full article
  • Recent Status Updates

    • Drew Dowdell

      If you get this, you are a critical thinker.
      I enter the bedroom.
      There are 34 people. You kill 30. How many people are in the bedroom?
      If you get it correct your answer will be deleted and I’ll message you to continue the game. Don’t bother playing if you’re not going to continue, party poopers!
      I won against Keele Christopher
      · 0 replies
    • Drew Dowdell

      One of my favorite stops on that trip.
      · 0 replies
    • trinacriabob  »  NINETY EIGHT REGENCY

      Happy birthday, Landis!  Hope it was a good one.  Again, it would have been my dad's birthday ... and Napoleon Bonaparte's.  (Both of them were height challenged.)
      I'd be going to Mario's on that beachfront boulevard in Galveston to pig out at their Italian buffet. 
      · 2 replies
    • Drew Dowdell

      So I did a thing. I have wanted one of these for years. I managed to find a 2013 Avalanche with just 12,800 miles on the odometer. It’s very well loaded and practically perfect in every way. Very very happy with it!
      · 0 replies
    • Drew Dowdell

      Happy birthday to my love Albert
      · 1 reply
  • Reader Rides

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...