P&A Providers & Administrators
MenuMENU
SearchSEARCH

GM's Girsky Wants More Changes at Opel

July 15, 2012
2 min to read


FRANKFURT - Opel interim CEO Stephen Girsky said changes have to be made at the carmaker to revitalize it, German daily Bild said citing his e-mail to staff.


"Our successful revitalization demands from all of us the readiness to do things differently in the business and at the same time to act quickly," Girsky said.

Ad Loading...


General Motors named Girsky to his position at Opel when it announced on Thursday that CEO Karl-Friedrich Stracke had stepped down, in a surprise move analysts said showed the U.S. carmaker's growing impatience with 12 years of losses in Europe, reported Automotive News.


IG Metall trade union head Berthold Huber warned GM against breaking an agreement with labor on guarantees for jobs and keeping manufacturing plants in Germany, according to an interview with Sueddeutsche Zeitung.


"I can only warn it. Whoever wants to give up on Opel ought to know: those could be the most expensive closures of plants which a company would ever attempt in Germany," he said.


A spokesman for Opel said late on Friday the company would not need to draw up a new mid-term business plan following a decision by GM to abruptly replace Stracke.


Two weeks ago, the supervisory board for Opel approved a mid-term business plan, which runs through 2016, in a step toward returning to profitability. But real savings in a restructuring will not come until GM negotiates a deal with labor unions to close the Bochum, Germany, plant after 2016.

More Industry

Subwoofer in trunk of car.
Industryby Lauren LawrenceMay 26, 2026

Ownership Priorities are Shifting

A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.

Read More →
Man's hand holding gas pump in fuel tank of white car
Industryby Hannah MitchellMay 26, 2026

Pump Price Jump Calculated

ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.

Read More →
Graphic showing previous week's truck and SUV segment prices
Industryby StaffMay 20, 2026

Black Book: Weekly Market Update

Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.

Read More →
Ad Loading...
Photo of dealership sign with Toyota logo
Industryby Lauren LawrenceMay 19, 2026

Arkansas Auto Group Acquires First Indiana Rooftop

Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.

Read More →
Headshot photo of Antonio Filosa, Stellantis CEO
Industryby Hannah MitchellMay 19, 2026

Stellantis to Dive Into U.S. Lending

The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.

Read More →
Photo of the rear of a new BMW iX SUV
Industryby Hannah MitchellMay 12, 2026

New-Vehicle Prices Rise

With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.

Read More →
Ad Loading...
Graphic of car segments' results the previous week
Industryby StaffMay 12, 2026

Black Book: Weekly Market Update

Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.

Read More →
Graphic of last week's estimated used retail days to turn
Industryby StaffMay 6, 2026

Black Book: Weekly Market Update

Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.

Read More →
cargo ship with vehicles, at dock
Industryby Lauren LawrenceMay 5, 2026

EU Auto Association Urges Action

Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.

Read More →
Ad Loading...
two people working on a paper contract together
IndustryMay 1, 2026

Driving into the Super CFC Era

Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.

Read More →