Commentaries

Will GM pick a German to run GM Europe?

November 6, 2009

OPEL/It looks as though General Motors will soon be looking for a new executive to run GM Europe, which includes its troubled Opel unit.

Lower Opel costs to help government aid

November 6, 2009

General Motors’ decision to scrap the sale of Opel rests on the carmaker’s calculation that the hole in its European unit’s finances is not as deep as previously feared.

Germans vote for change; will they get it?

By Paul Taylor
September 27, 2009

angieGermans have voted for change. A centre-right government with a clear parliamentary majority will replace the ungainly grand coalition of conservatives and Social Democrats that ran Europe’s biggest economy for the last four years.

Germany will have to change Opel deal after election

By Paul Taylor
September 24, 2009

opelanerIt looks increasingly clear that Germany will have to change its deal to aid carmaker Opel once Sunday’s general election is out of the way.

Should Volkswagen demand a Magna Carta?

September 22, 2009

GERMANY/Magna International seems to be taking seriously threats from Volkswagen to pull its business following the Canadian car parts maker’s Opel victory.

Is Goldman’s Chinese convertible really a taxi?

September 21, 2009

BRITAIN/The number of London’s trademark black taxis booked and waiting outside the European headquarters of Goldman Sachs — meters running — was once used by some as a barometer of the health of London’s investment banking business.

China picks European cars off scrapheap

September 17, 2009

GERMANY/Chinese carmakers are seeking to step into the gaps left by U.S. companies in Europe — but while acquisitions may give them access to badly-needed technical know-how, global brands and exposure to new markets, the question is whether they have learnt from past failures.

Re-elected Barroso faces market challenge

By Paul Taylor
September 16, 2009

bozoJose Manuel Barroso promised the European Parliament that as re-elected president of the European Commission he will have more authority to fight for Europe and defend its single market against economic nationalism.

German Opel aid tests EU rules

By Paul Taylor
September 15, 2009

opel-logosThe credibility of the European Union’s single market and state aid rules is at stake over Germany’s selective offer of taxpayers’ money to preserve Opel factories and jobs on its soil.

Can Magna keep its model juggling act with Opel?

September 11, 2009

OPEL/Cries from Volkswagen about pulling its business from Magna if the Canadian car parts maker ended up owning a stake in GM’s former European unit Opel ring somewhat hollow given the success Magna has had in juggling its customers’ different needs so far.