Opel has reached a severance deal with workers at its Bochum factory in Germany, a crucial step in the General Motors unit’s restructuring to return to profitability.
Category Archives: General Talk
Auto companies continue gains in Q1
The value of European automakers, suppliers and retailers showed further improvement in the first quarter of this year, although the pace of growth was slower than in the preceding three months, according to the PricewaterhouseCoopers Transaction Services Shareholder Value Indices.
The 7 percent rise in the value of automakers was two percentage points less than in last year’s Q4, while an 11 percent rise in the value of European parts suppliers followed a 15 percent gain in the preceding quarter. By contrast, the 5 percent improvement in the value of auto retailers was a small improvement on the 2 percent recorded in Q4.
California man run over by drunk daughter
by Victoria Cavaliere
A California man who tried to prevent his adult daughter from driving drunk was struck by her car and killed, police said Sunday.
Bentley crossover uncovered
Photo credit: KGP PHOTOGRAPHY
Bentley’s new SUV, pictured, will have softer front end styling and smaller headlights than the 2012 Geneva show concept.
Afzal Kahn selling ‘F1′ number plate for £10 million
What’s in a number plate? Is it just a random combination of numbers and letters or something much more?
