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Relates News And Gossip

GM Europe chief Forster to leave company: sources (Reuters)

Reuters - The head of General Motors' European business, Carl-Peter Forster, is leaving the company following the surprise decision by GM's board to block the sale of Opel, two sources close to the situation told Reuters.

GM Europe head quits following Opel U-turn: source (AFP)

AFP - General Motors Europe head Carl-Peter Forster is quitting in disgust at GM's decision to hang on to its European unit Opel/Vauxhall, a well-informed source told AFP on Friday.

Afghan insurgents make wreckage of U.S. armored vehicles (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — Taliban-led insurgents in Afghanistan have devised ways to cripple and even destroy the expensive armored vehicles that offer U.S. forces the best protection against roadside bombs by using increasingly large explosive charges and rocket-propelled grenades, according to U.S. soldiers and defense officials.

Opel chief leaves following failed deal

FRANKFURT (Reuters) - General Motors Co said on Friday the head of its European operations, Carl-Peter Forster, is leaving, three days after the automaker's decision to scrap a planned sale of its Opel unit.

Opel workers across Germany protest GM move (AP)

AP - Fearing widespread layoffs, thousands of Opel workers walked off the job across Germany on Thursday to protest General Motors Co.'s decision to abandon the unit's sale to new owners.

German workers protest GM's Opel reversal (AP)

AP - Fearing widespread layoffs, thousands of Opel workers walked off the job across Germany on Thursday to protest General Motors Co.'s decision to abandon the unit's sale to new owners.

Rage against GM over 10,000 planned job cuts at Opel (AFP)

AFP - Angry German workers planned protests Thursday after General Motors said it would cut some 10,000 jobs at its European unit Opel in a move slammed as a slap in the face for Chancellor Angela Merkel.

Union seeks to work with GM on job cuts (AFP)

AFP - Britain's biggest trade union said it was keen to work with General Motors to ensure job cuts at its European division Opel were voluntary, after it announced 10,000 positions could go.

GM plans 10,000 job cuts at Opel (AFP)

AFP - General Motors said Wednesday it wanted to cut around 10,000 jobs at its European division Opel a day after the US car maker stunned the auto sector by scrapping plans to sell the German-based unit.

GM: Opel job cuts could hit 10,000

The restructuring plan of Opel by automobile giant General Motors would include cuts of as many as 10,000 jobs at the European subsidiary.

GM re-sets strategy, scraps Opel sale (AFP)

AFP - General Motors has unexpectedly re-set its global development strategy, scrapping plans to sell its German-based European unit Opel and retaining key small-car expertise in a bid to shore up an escape from bankruptcy.

GM's Opel move raises anger, new uncertainty (AP)

AP - General Motors Co.'s decision to scrap the sale of European subisidiary Opel raised new uncertainty Wednesday over the unit's future, astonishing politicians in Germany and Russia and prompting workers to plan walkouts in protest.