1970 Opel Gt on 2040-cars

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Cadillac, Buick and Chevy decisions impacted by worries abroad

European Concerns Drive GM, But Beware Of The French Connection
GM's bid to rationalize Europe will impact the products that will be offered domestically.
It seems that Europe is defining the future of General Motors more so than its home North American market. Having axed Saturn, Pontiac and Hummer, GM has done a fairly good job of repositioning its remaining four divisions, Cadillac, Chevrolet, Buick and GMC. Cadillac carries the luxury banner. Chevrolet is aimed at the masses with cars and trucks along with a nod to performance thanks to Camaro and Corvette. Buick bridges the premium gap between Chevy and Cadillac, while GMC offers a hardcore work/upscale proposition.

Opel to close German plant in 2016, fears continued Euro slump

The European financial crisis has claimed another victim, as Opel has stated that it is going to close its Bochum, Germany facility. The closure is set to occur in 2016, when the current Opel Zafira minivan ends its production run. According to Automotive News Europe, parent company General Motors is looking to minimize the impact to the 3,300-strong workforce by adapting the plant to focus on component and distribution efforts.
According to the report, GM believes the economy in Europe will not recover until 2014, and that this move was unavoidable. GM expects losses of between $1.5 billion to $1.8 billion from its Opel and Vauxhall brands in Europe. To try and stem the hemorrhaging, Opel is forced to lay off 2,600 employees, resulting in a $300 million spending cut. Another $500 million in cost cutting is excepted between from to 2013, through 2015 as part of a plan called Drive Opel 2022. The decade-long plan is rooted in cost-cutting, reorganization, and re-focusing products and marketing. As part of this plan, Opel will launch 23 new models between now and 2016.
Still, the plant closure comes as a blow to many Opel employees, and the labor union has hopes to save the Bochum facility. Unions, as well as the German Government, expect General Motors to compensate those who lose their jobs in this closure with appropriate severance packages. GM Europe stated that it is trying to move component production to the Ruhr Valley region, where the Bochum factory is located. It will be able to save some jobs through this effort, though certainly not all 3,300.

German carmakers recall 630,000 diesel vehicles in Europe

Mercedes, Opel, Porsche, and Volkswagen will recall over 630,000 cars in Europe, according to reports Friday. No diesel car has been able to get under the legal emissions limit in real-world driving, according to a German government investigation. While only Volkswagen Group has been using a specific "defeat device", other carmakers have been playing with their exhaust gas recirculation (EGR) systems. Depending of the manufacturer, the systems have been cut off at a certain temperature. In a specific test cycle the systems operate to fulfill the legal requirements, but in everyday use the limits are exceeded. According to the magazine Der Spiegel, the supplier Bosch is behind this programming and has provided it to all German automakers. The mentioned carmakers have announced recalls, but many other manufacturers are also mentioned by name in the report, including Alfa Romeo, Chevrolet, Dacia, Fiat, Ford, Hyundai, Jaguar, Jeep, Land Rover, Nissan, Renault, and Suzuki. PSA Group, which produces Peugeot, Citroen, and DS cars, declared yesterday that its offices were raided following an emissions investigation. Related Video: News Source: AutocarImage Credit: Getty Images Government/Legal Green Recalls Mercedes-Benz Porsche Volkswagen Opel Emissions Diesel Vehicles diesel emissions investigation