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    PSA Excludes German Sites From European Investment Plan, Labor Leaders Fear Job Cuts

PSA Excludes German Sites From European Investment Plan, Labor Leaders Fear Job Cuts

Opel's Eisenach plant fears its workforce could be halved.
By |April 20th, 2018|Article Type, Business, Configuration, Efficiency, Europe, Financial, Germany, GM employment, Market, Negotiations, News, Opel - Vauxhall, Production, Profitability, Report, Union|Comments Off on PSA Excludes German Sites From European Investment Plan, Labor Leaders Fear Job Cuts|
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    Opel Posts $200M Loss, PSA Groupe Chipping Away At Brand’s Fixed Costs

Opel Posts $200M Loss, PSA Groupe Chipping Away At Brand’s Fixed Costs

PSA CEO Carlos Tavares said Opel's fixed costs have already been reduced by 17 percent.
By |March 6th, 2018|Article Type, Business, Europe, Financial, Market, News, Opel - Vauxhall, Profitability, Report|Comments Off on Opel Posts $200M Loss, PSA Groupe Chipping Away At Brand’s Fixed Costs|
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    Renault-Nissan-Mitsubishi Alliance CEO Says Company Is The Only One Making Money On EVs

Renault-Nissan-Mitsubishi Alliance CEO Says Company Is The Only One Making Money On EVs

So far, he's probably correct.
By |February 20th, 2018|Article Type, Business, Competition, Electrification, Financial, Green, News, Nissan, Profitability, Report|Comments Off on Renault-Nissan-Mitsubishi Alliance CEO Says Company Is The Only One Making Money On EVs|

Report: Opel Lost Over $1 Billion In 2017

Opel is adamantly denying the figure, however.
By |February 6th, 2018|Article Type, Business, Europe, Financial, Market, News, Opel - Vauxhall, Profitability, Report|Comments Off on Report: Opel Lost Over $1 Billion In 2017|
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    Financial Analyst Believes Cadillac Houses Untapped Potential

Financial Analyst Believes Cadillac Houses Untapped Potential

And it could be the next thing to rival Tesla.
By |January 10th, 2018|Article Type, Business, Cadillac, Financial, Global, Market, News, Profitability, Report, Stock|Comments Off on Financial Analyst Believes Cadillac Houses Untapped Potential|
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    GM CEO Mary Barra Insists Automaker’s Electric Cars Will Be Profitable By 2021

GM CEO Mary Barra Insists Automaker’s Electric Cars Will Be Profitable By 2021

The bold claim comes amid plans for 20 new electric cars by 2023.
By |January 9th, 2018|Article Type, Business, Electrification, Financial, Future product, Green, News, Profitability, Report|Comments Off on GM CEO Mary Barra Insists Automaker’s Electric Cars Will Be Profitable By 2021|
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    Profitability For Self-Driving Cars Will Come As Technology Costs Decrease

Profitability For Self-Driving Cars Will Come As Technology Costs Decrease

GM sees profitability in a cost-per-mile model.
By |December 13th, 2017|Article Type, Autonomous Vehicles, Business, Financial, Mobility, News, Profitability, Report, Ride Sharing, Strategy|Comments Off on Profitability For Self-Driving Cars Will Come As Technology Costs Decrease|
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    General Motors Reports Third Quarter 2017 Net Income Of $1.9 Billion On $33.6 Billion In Revenue

General Motors Reports Third Quarter 2017 Net Income Of $1.9 Billion On $33.6 Billion In Revenue

Representing the first time since Q4 2014 that all of the automaker's divisions were profitable.
By |October 24th, 2017|Article Type, Business, Earnings, Featured, Financial, News, Profitability|Comments Off on General Motors Reports Third Quarter 2017 Net Income Of $1.9 Billion On $33.6 Billion In Revenue|
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    GM Korea Faces Uphill Battle As Export Business Declines: Analysis

GM Korea Faces Uphill Battle As Export Business Declines: Analysis

The road ahead might get quite bumpy, if not downright rough.
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    Will PSA Groupe Eliminate Most Of Opel’s Vehicle Development Staff?

Will PSA Groupe Eliminate Most Of Opel’s Vehicle Development Staff?

Some believe that only 800 of the 7,700 Opel development employees will remain.
By |September 15th, 2017|Article Type, Business, Carlos Tavares, Development, Financial, Job Cuts, News, Opel - Vauxhall, Partnerships, People, Profitability, PSA Group|Comments Off on Will PSA Groupe Eliminate Most Of Opel’s Vehicle Development Staff?|
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