Deals

GM CEO, President at Opel HQ for talks with management

• Bookmarks: 102


Dan Ammann (R), President of General Motors speaks during the Fortune Brainstorm Tech conference in Aspen, Colorado, U.S. in this handout photo released to Reuters July 11, 2016. Stuart Isett/Fortune Brainstorm TECH/Handout via Reuters

General Motors (GM.N) Chief Executive Mary Barra and President Dan Ammann are at Opel’s headquarters in Ruesselsheim, Germany, Opel said on Wednesday.

FRANKFURT General Motors (GM.N) Chief Executive Mary Barra and President Dan Ammann are at Opel’s headquarters in Ruesselsheim, Germany, Opel said on Wednesday.

PSA and GM on Tuesday said they were exploring a potential deepening of strategic initiatives, including a sale of Opel to the French company.

German monthly Manager Magazin reported that Barra and Ammann were visiting Opel to brief top management there about the talks with PSA (PEUP.PA).

Manager Magazin also said Opel CEO Karl-Thomas Neumann was in parallel working on a strategy to turn Opel into a pure electric car brand by 2030.

(Reporting by Ilona Wissenbach and Edward Taylor- Editing by Maria Sheahan)

102 recommended
comments icon0 comments
0 notes
238 views
bookmark icon

Write a comment...

Your email address will not be published. Required fields are marked *