The Opel Group GmbH was established effective July 1, 2014 as a sister company of Adam Opel AG
. This new company is responsible for Opel/Vauxhall as well as all GM operations in Europe.
Girsky previously served as GM Vice Chairman from 2010-2014, during which time he oversaw global corporate strategy, new business development, global product planning and program management, global connected consumer/OnStar, and GM Ventures LLC and global research and development while also serving as Chairman of the Adam Opel AG
Another company General Motors helped transform Adam Opel AG
, a German automobile company, into an armaments-producing corporation.
Companies Mentioned in this Report: Renault SA, PSA Peugeot CitroE1/2n, Fiat S.p.A., Diamler AG, Ford Motor Company, Volkswagen AG, Nissan Motor Company Ltd., Adam Opel AG
, DAF Trucks NV, AB Volvo, Toyota Motor Corporation, Others
11 April 2013 - US carmaker General Motors Company (NYSE:GM) will not dispose of its German unit Adam Opel AG
and said it had decided to pour EUR4bn (USD5.2bn) in the loss-making brand by the end of 2016 instead to back development of new models.
General Motors Company (NYSE:GM), North America's largest automaker, almost sold its Adam Opel AG
unit three years ago in the wake of the global economic downturn, but, on the eve of the 2013 Geneva Auto Show, GM's Vice Chairman Stephen Girsky said the company is committed to keeping the ailing German auto company and that a turnaround plan is starting to show results.
He earlier held key posts in other parts of the world, including director of Sales Operations for GM de Mexico, managing director of International Sales for GM Daewoo Auto & Technology in South Korea, and director of Marketing for Adam Opel AG
Auto Business News-August 27, 2012--General Motors Corporation installs solar array on Adam Opel AG
plants in Russelsheim(C)1994-2012 ENPublishing - http://www.enpublishing.co.uk
GM's profit decline in the reporting quarter was attributable to its European businesses including its affiliate Adam Opel AG
. The segment posted an operating loss of $361 million, a reversal from a $102 million profit a year earlier.
A group of leading German carmakers and engineering firms plan to set up a joint project to test hydrogen fuel cell vehicles and other cars powered by "clean energy." The project, bringing together DaimlerChrysler AG, BMW AG, GM unit Adam Opel AG
and Ford's German research center, will set up a hydrogen refueling center in Berlin and a fleet of 30 cars to test the new technologies.
"The midsize segment has always been Opel's meat-and-potatoes," notes Carl-Peter Forster, chairman of General Motors' Adam Opel AG