Jump to content
News
Reviews
Discussons
Activity
Create New...
Close
  • William Maley
    William Maley

    By William Maley •

    Dan Akerson: We Will Not 'Cut and Run' From Opel

    William Maley

    Staff Writer - CheersandGears.com

    November 16, 2012

    General Motors CEO Dan Akerson told Opel employees this week that the company will not sell or "simply close up shop and leave".

    "As a global auto company, GM needs a strong design, engineering, manufacturing and sales presence in Europe. There's room for Chevrolet in Europe but Opel fulfills that role," Akerson said in a speech. "Recommendations that we 'cut and run' show you that some people simply do not see how important Opel is to our success."

    Opel and Vauxhall have been a big loser for General Motors with the brands posting losses for the past few quarters. The two are expected to post a loss between $1.5 to $1.8 billion loss in the next fiscal year. Still, GM is very hopefully the brand will break even by 2015.

    Akerson also mentioned PSA during his speech saying, "The fact is we lack economies of scale in critical areas and if we can achieve scale by partnering with PSA, that's what we are going to do."

    Source: Reuters

    William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster.

    Related Stories:

    GM and PSA Tie-Up Talks Come To Halt

    Go to articles

    User Feedback

    Recommended Comments

    G. David Felt

    Hello Dan Akerson,

    FYI, stop drinking the punch drunk stupidity and wake up to the reality that those that follow and have been loyal to GM for the last 30 years have seen the nothing but losses of Opel/Vauxhall.

    1) Cut the freaking Union payroll. They cannot have jobs for life. Too much capacity and not enough profit.

    2) Close excess plants

    3) Export CNG auto's to the US.

    4) Consolidate Engineering, Sales, Marketing, etc.

    If you cannot clean up this mess that has been nothing but a drain on GM ever since you bought it, you are the WRONG Person at GM.

    We are not here to be a social safety net. There is no gaurantees and if you cannot understand this then you are lost.

    Link to comment
    Share on other sites


    Join the conversation

    You can post now and register later. 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
    Add a comment...

    ×   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.

    ×

  • google-news-icon.png



  • google-news-icon.png

  • Subscribe to Cheers & Gears

    Cheers and Gears Logo

    Since 2001 we've brought you real content and honest opinions, not AI-generated stuff with no feeling or opinions influenced by the manufacturers.

    Please consider subscribing. Subscriptions can be as little as $1.75 a month, and a paid subscription drops most ads.*
     

    You can view subscription options here.

    *a very limited number of ads contain special coupon deals for our members and will show

  • Similar Content

  • Posts

    • oldshurst442
      Random Thoughts Thread

      By oldshurst442 · Posted

      Reason # xxx  as to why I love hockey and the players   From the bruising hit that takes the opponent outside the rink and into the player's bench. To the player saying to his teammate to 'hit him' just before the hit happens. To that same player saying that he has got him by calling him chubby but helping him out of the bench area and back unto the ice to the player that got hit laughing it off and skating off to continue on playing as if it was just a minor inconvenience and finally to the athletic trainer just looking at the hit, the player that got hit and visually seeing on his face his thoughts: "yup dude, you just got plastered!" and casually puts the bench back to its place.  The sportsmanship from all sides is incredible. Love it!!! 
    • G. David Felt
      Random Thoughts Thread

      By G. David Felt · Posted

      Very cool read and video on how Tires are made. Where Are Michelin Tires Made And Who Owns The Brand?
    • G. David Felt
      Random Thoughts Thread

      By G. David Felt · Posted

      This is an interesting read. Korea is the only country with EVs that are head-to-head with China and in some ways better. This nanotube technology will allow Korea to move way farther forward than the U.S. in automotive options. Advances in carbon nanotube applications enhance battery dry process
    • oldshurst442
      Random Thoughts Thread

      By oldshurst442 · Posted

      I got a better idea for Trump: Instead of Canada becoming the 51st state, Id prefer for the US to become Canada's 4rth Territory.  Not even province status. In order for the United Stated Territories of America to become a full blown province, Americans would have to prove their allegiance and loyalty to the Royalty of King Charles the Third since Canada is a Federal Parliamentary Constitutional Monarchy of the British Commonwealth realm.  Trump's job and title would be a perfect revival for an old tradition.  King Charles the Third's court jester. And we could throw him a bone...and have a playing card named after him since he likes those kinds of things    
    • oldshurst442
      Random Thoughts Thread

      By oldshurst442 · Posted

      Im glad to get that off my chest  

  • Who's Online (See full list)

    • There are no registered users currently online

  • My Clubs

×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

I've whitelisted
Continue without support

Write what you are looking for and press enter or click the search icon to begin your search