
Opel CEO Karl-Thomas Neumann (photo above)has warned top managers that the General Motors unit’s 2016 profit target is under threat from economic setbacks, according to German daily paper Bild.

Opel CEO Karl-Thomas Neumann (photo above)has warned top managers that the General Motors unit’s 2016 profit target is under threat from economic setbacks, according to German daily paper Bild.

Shanghai GM launched the Chevrolet Sail 3 in Chengdu; the third-generation Sail had been unveiled last month at the Guangzhou Motor Show. Five variants of the new family car with a choice of new 1.3L and 1.5L engines are available.

By JAMES DETAR
INVESTOR’S BUSINESS DAILY
Sales of Ford and General Motors cars in Europe weakened in November despite a rise in overall number of vehicles sold there, losing market share to Volkswagen.
General Motors on Monday raised the death toll related to its defective ignition switches to 42 as it weighs compensation claims following its long-delayed recall of millions of cars.

Addressing an industry conference in Traverse City, Mich., this summer, General Motors’ global powertrain boss Steve Kiefer asked a room packed with about 500 people how many owned a GM vehicle.
About a dozen hands went up.