German chemicals firm Bayer said on Monday it would not introduce genetically modified crops in Europe after its gigantic takeover of US seed and pesticide producer Monsanto.
Monsanto said on Wednesday it was still open to a potential merger with Bayer, or to another big deal, as it reported lower earnings due to a tough agricultural market.
US auto giant General Motors has decided to stop auto manufacturing at its Opel plant in Bochum, western Germany, after 2016, the head of the works committee said on Friday, a move that could mean the plant will close.
A former restructuring expert has taken the wheel at Opel to lead the ailing auto maker – as it released dismaying figures which showed a significant drop in turnover this year.
The head of General Motors in Europe, Karl-Friedrich Stracke, has resigned from this job as well as his role as head of Opel/Vauxhall, the firm said on Thursday.
Some 800,000 metalworkers in the south-western German state of Baden-Württemberg won a 4.3 percent pay rise after marathon negotiations, their union IG Metall said on Saturday.
Production of Opel's key Astra model is to cease at the struggling German carmaker's Rüsselsheim plant, a newspaper reported on Sunday - in favour of cheaper labour in Poland and the UK.
Opel, the European unit of US auto group General Motors, expects to report a loss of €1.4 billion this year, Opel head Nick Reilly said in a magazine interview in Frankfurt on Monday.
German automaker Opel, a unit of US car giant General Motors, said Monday it would shut down a plant in Antwerp, Belgium by the end of the year because no suitable buyer had been found.
Opel has reportedly enlisted the help of Germany’s sparkling 2010 Eurovision Song Contest winner Lena Meyer-Landrut for a new advertising campaign meant to burnish the ailing carmaker's frumpy image.
Germany’s advertising watchdog on Tuesday threatened to sue carmaker Opel for misleading customers with a widely advertised promise of a “lifetime guarantee” on all new cars.
Beleaguered German automaker Opel announced on Thursday it would offer a ‘lifetime guarantee’ on its cars in an attempt to attract new customers and boost its flagging market share.
General Motors ended its quest for state aid from EU government for its troubled German unit Opel on Wednesday, saying it now had the financial firepower to finance a restructuring itself.
Four German states with Opel factories are ready to provide financial assistance to US auto giant General Motors, Chancellor Angela Merkel said Thursday after meeting regional officials.
The German government has turned down a request from General Motors for €1.1 billion ($1.3 billion) in state loan guarantees for its Opel unit, Economy Minister Rainer Brüderle said Wednesday.
Genetically modified corn has been grown in seven German states in breach of a national ban after contaminated seeds were sold to farmers, the environmental group Greenpeace revealed Monday.
The prospect of state aid for car maker Opel dimmed on Monday with a large number of government MPs reportedly against giving government help to the firm.
Three German states home to Opel factories are reportedly set to grant requested financial guarantees, but the carmaker's parent group GM is still waiting for word on similar aid from the federal government.
Russian bank Sberbank reached a deal with GM on compensation it had claimed for losses incurred after the US auto giant dropped plans to sell its Opel unit, the companies said on Monday.
US carmaker General Motors will pour substantially more money into its struggling German unit Opel than previously planned, the company announced on Tuesday.
Opel boss Nick Reilly presented on Tuesday a plan for the future of the ailing General Motors unit, with a forecast loss of 8,300 jobs from a total of around 50,000, as expected.
