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GM cancels Opel sale

BBC News -- General Motors (GM) has announced it has cancelled plans to sell its European car business Opel, including its UK brand Vauxhall.

The US giant said in a statement that its board had made the decision because of "an improving business environment for GM over the past few months".


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Submitted Nov 03, 2009 By: kidshare
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Author Topic: GM cancels Opel sale Post a Reply Back to Topics
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Champion Author Houston

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Message Posted: Nov 4, 2009 6:30:42 PM

Mooseman1 wrote:

>GM should cut part of it's operation up and sell it to Ford.

Ford taking over part of GM would never work.
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Champion Author Houston

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Message Posted: Nov 4, 2009 6:27:27 PM

call911ok wrote:

>Opel! Make Opels in US.

They them here, they just give them other names. It's good old General Motors badge engineering. They've done it, sometimes to the detriment of the product, for at least 33 years.
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All-Star Author Vancouver

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Message Posted: Nov 4, 2009 3:46:48 PM

Opel! Make Opels in US.
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Champion Author South Carolina

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Message Posted: Nov 4, 2009 10:47:27 AM

Opel is a good brand in Europe...Good Plan GM...
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Champion Author Winnipeg

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Message Posted: Nov 4, 2009 8:05:23 AM

some people are going to be mad
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Sophomore Author Orlando

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Message Posted: Nov 4, 2009 7:36:38 AM

Considering the fact that GM Europe has the smaller more economical cars I wonder how smart it would be to get rid of that technology. They have the diesels also. Silly GM.
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Champion Author St. Louis

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Message Posted: Nov 4, 2009 6:29:14 AM

If there is a market for certain cars, then keep maling them.
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All-Star Author Cincinnati

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Message Posted: Nov 4, 2009 12:36:28 AM

Buy, sell, cancel, uncancel; more strong management decsions
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Champion Author San Diego

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Message Posted: Nov 4, 2009 12:29:12 AM

Look what dividing us the telephone industry did for competition and service. GM could learn a lesson and not wait for Obama to tell them. Of course, he's got no experience at running a for profit company so he'll have to make use of some of his czars.
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Champion Author Manitoba

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Message Posted: Nov 4, 2009 12:12:11 AM

GM should cut part of it's operation up and sell it to Ford.
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Champion Author Tampa

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Message Posted: Nov 3, 2009 11:58:33 PM

How many OPEL's are sold in the US? Ford is still doing the best of all as of today's reports. All this with no government help. The Unions should notice this and go along with the changes that will help them make a profit and stay in business, not because they are making profit. Conservation keeps your money in your pocket.
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Champion Author New Hampshire

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Message Posted: Nov 3, 2009 11:44:01 PM

Things change fast in the business world. They just traded chief executives between the Opel branch and the Volt branch. So something had to be up...
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Champion Author West Virginia

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Message Posted: Nov 3, 2009 11:41:50 PM

As usual, the stupidity of GM manangement never ceases to amaze me.
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Champion Author New Hampshire

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Message Posted: Nov 3, 2009 11:40:47 PM


Thank you for your clarifying comments tonight Sneakers. The affects of this month's full moon have not worn off many of this forum's commenters.
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Champion Author Kentucky

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Message Posted: Nov 3, 2009 11:40:04 PM

Na they're gonna keep it for themselves...
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Champion Author Chicago

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Message Posted: Nov 3, 2009 11:38:34 PM

You mean they finally got someone to buy an Opel?
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Veteran Author Toronto

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Message Posted: Nov 3, 2009 11:38:00 PM

The UAW has got NOTHING at all to do with this decision, i love how you all want to keep blaming the workforce for all these problems, its the inept management in the Ren Center in Detroit who makes the decisions, not the unions!!!!!!!!!!!!!
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Champion Author Arizona

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Message Posted: Nov 3, 2009 11:35:17 PM

Government Motors needs to change its structure so that it will NEVER fail again. But alas they also need to suffer some pains as well, because they shoved it down our throats with poorly made automobiles that thrashly buily, while being ecomical for us buyers. And know they will NOT starting telling us that we have to fork out at las $40,000 for a base model from them!
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All-Star Author South Carolina

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Message Posted: Nov 3, 2009 11:33:43 PM

If the jobs don't come back soon, you can kiss many more car companies good bye and there will be no to buy them either. If its not made in Korea or China, it will be too expensive for most people.
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Champion Author New Hampshire

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Message Posted: Nov 3, 2009 11:31:52 PM


Very odd that there is now no mention of the Russian backing that Magna was depending on for the Opel and Vauxhall purchase from GM. That certainly made for great bedfellows with the German govt.!!!
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Champion Author Ottawa

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Message Posted: Nov 3, 2009 11:30:06 PM

Magna should be compensated for its costs having negotiated in good faith while GM welched.
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Champion Author Lansing

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Message Posted: Nov 3, 2009 11:29:22 PM

It must have gone though the Obama approval. I heard a tradesman talking about getting his boss to replace broken tools tonight. They spent money going through manager after manager to approve buying a few allen wrenches and a crescent. It got back to a inept front line supervisor and he threw that whole thing in the trash. The wrenches probably didn't amount to $20. This inept boss in the past has routinely shorted his employees paychecks. He is still here.
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Champion Author Houston

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Message Posted: Nov 3, 2009 11:28:46 PM

RLH68 wrote:

>Where I'm concerned, GM will see NO business from me.

I kept looking at GM and finding things I didn't like.

First really good vehicle I owned was a Toyota.

Now, GM has Ed Whitacre as chairman. Still won't make me buy his cars but I have about everything that AT&T can sell you in Houston.


[Edited by: Sneakers55 at 11/4/2009 12:29:41 AM EST]
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Champion Author Atlanta

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Message Posted: Nov 3, 2009 11:25:16 PM

Things must be lookin' up!
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Champion Author Houston

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Message Posted: Nov 3, 2009 11:24:50 PM

judgemobile wrote:

>US govt owns 61 % of Government Motors.

It's General Motors in the first place.

The name has not been changed other than by people of the Limbaugh persuasion. Before you get all excited by Rush, go read the side effects of OxyContin.

>I am concluding therefore that CHAIRMAN O'Bummer
>approved this.

You can also conclude the earth is flat.
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Champion Author Lexington

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Message Posted: Nov 3, 2009 11:24:36 PM

Who cares!
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Champion Author Omaha

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Message Posted: Nov 3, 2009 11:24:10 PM

Why bother
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Champion Author St. Louis

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Message Posted: Nov 3, 2009 11:23:14 PM

They better start showing a profit like Ford or they gonna lose a whole lot more than just Opel!
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Champion Author Orlando

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Message Posted: Nov 3, 2009 11:22:22 PM

Where I'm concerned, GM will see NO business from me.
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Champion Author Houston

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Message Posted: Nov 3, 2009 11:21:44 PM

hank1326 wrote:

>GM should cancel UAW from their existence.

It won't happen.

I've seen unions decertified in at least three cases but in one case the unionized employees wanted something that was given to all nonrepresented employees.

I've also seen all the tooling being yanked out of a plant during a strike causing the union to try to return to jobs that no longer existed.
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Champion Author Ohio

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Message Posted: Nov 3, 2009 11:20:15 PM

US govt owns 61 % of Government Motors. I am concluding therefore that CHAIRMAN O'Bummer approved this.
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Champion Author Houston

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Message Posted: Nov 3, 2009 11:17:47 PM

kidshare wrote:

>Opel used to be sold here in the USA decades ago.

Sold at Buick dealers as a captive import. Before they totally dropped the brand in the US market, they were rebadging Isuzus.

>It's that Vauxhall name that bothers me...I have never
>heard of it

Then you know very little about General Motors. In the United Kingdom, GM uses the Vauxhall brand. GM says they're cutting back from eight brands to four but that's in the North American market. Holden (GM's brand in Australia) was kept off the block as it's a solid performer.

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Champion Author Toledo

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Message Posted: Nov 3, 2009 11:17:11 PM

this should make europeans love the usa even more
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Champion Author Pennsylvania

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Message Posted: Nov 3, 2009 11:16:24 PM

Wait another few days and GM will change its mind again.
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Champion Author Toledo

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Message Posted: Nov 3, 2009 11:15:59 PM

Here comes another bailout.
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Champion Author Los Angeles

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Message Posted: Nov 3, 2009 11:15:39 PM

GM should cancel UAW from their existence.
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Champion Author Georgia

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Message Posted: Nov 3, 2009 11:14:49 PM

there was a line to buy them, glad GM kept them, now move forward GM and recover!
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Champion Author Kentucky

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Message Posted: Nov 3, 2009 11:12:25 PM

Maybe no one wants to buy them.
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Champion Author New Jersey

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Message Posted: Nov 3, 2009 11:12:02 PM


How can these jokers cancel anything?
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Champion Author Houston

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Message Posted: Nov 3, 2009 11:11:27 PM

judgemobile wrote:

>did the CHAIRMAN of Government Motors (O'Bummer)
>approve this ?

President OBAMA has worse things to care about other than GM.

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Champion Author Lexington

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Message Posted: Nov 3, 2009 11:09:59 PM

GM shouldn't have any say in the sale of this company anyway since they took bankruptcy.
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Champion Author South Carolina

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Message Posted: Nov 3, 2009 11:09:19 PM

Is Obama seeing dollar signs?
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All-Star Author Indiana

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Message Posted: Nov 3, 2009 11:07:23 PM

I'm glad to see that a potential stronghold overseas held by an American company will not be "sold off for parts."

Those who havne't heard of Opel or Vauxhall probably haven't heard of Citroen, Renault, Spyker, Peugeot, or Holden for that matter either. Just because the car wasn't offered in America doesn't mean the company doesn't exist or make a worthwhile vehicle.
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Champion Author Chicago

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Message Posted: Nov 3, 2009 11:06:04 PM

If only they would keep Saturn and the Pontiac Vibe!!
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Champion Author Ontario

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Message Posted: Nov 3, 2009 11:05:35 PM

no one cares about GM any more...
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Champion Author Oklahoma City

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Message Posted: Nov 3, 2009 11:03:08 PM

Obama cannot make up his mind on what he wants done.
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Champion Author Dayton

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Message Posted: Nov 3, 2009 10:59:30 PM

it would be a mistake to sell it anyway
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Champion Author Ohio

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Message Posted: Nov 3, 2009 10:48:41 PM

did the CHAIRMAN of Government Motors (O'Bummer) approve this ?
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Champion Author Illinois

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Message Posted: Nov 3, 2009 10:46:02 PM

opel is doing well no need to sell
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Champion Author Austin

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Message Posted: Nov 3, 2009 10:42:26 PM

Cynics!!! Opel is a good company and based in Europe... It will be of benefit to keep it. If you knew anything of economics, you would understand that fact!
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