Walker 35017 Insulator on 2040-parts.com

New GM Europe chief's plans for Opel/Vauxhall

Nick Reilly speaks out on the future of GM Europe By Richard Webber Motor Industry 07 December 2009 13:54 Following General Motors' back-track on a buy-out from Magna in November 2009, the company's president of international operations Nick Reilly was appointed interim head of GM Europe. Now he's been made the permanent CEO of Vauxhall and Opel, making him the man charged with guiding GM's European division back to profitability.GM has big plans for Opel and Vauxhall, but has made no secret that there will be widespread pain and change before the good times return. The turnaround plan is nearing completion and it's expected there will be around 8300 redundancies, spread around Europe.

BMW 3-series Touring estate (2012) first official pictures

BMW has unveiled the new 3-series Touring estate. It goes on sale on 22 September 2012 in UK dealers, priced from £26,180. Although not a big seller globally - it accounts for just 6% of 3-series sales globally - the Touring is popular in Britain, where it makes up 15% of all Three sales.

GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.