Karl-Thomas Neumann

Opel CEO affirms goal of posting Europe profit in 2016

April 9, 2015 17:05 CET

Opel CEO Karl-Thomas Neumann affirmed that the European arm of General Motors will return to profit in 2016, as continued growth in southern and central Europe would help offset a slump in Russia sales....
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Opel CEO affirms goal of posting a profit in Europe in 2016

11:05 am U.S. ET | April 9, 2015

Opel CEO Karl-Thomas Neumann affirmed that the European arm of General Motors will return to profit in 2016, as continued growth in southern or central Europe would help offset a slump in Russia sales....
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GM's Opel to exit Russia, Chevy to reduce lineup to 'iconic' models

9:10 am U.S. ET | March 18, 2015

General Motors' Opel division will exit the plunging Russian market and abandon production at its plant in St. Petersburg by the end of the year. In addition, Chevrolet will scale back its presence in Russia, selling “iconic” U.S.-built models such as the Corvette, Camaro and Tahoe....
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Chevy Bolt EV variant may be sold as an Opel in Europe, sources say

March 4, 2015 19:08 CET

General Motors may sell a version of the Chevrolet Bolt electric car in Europe as an Opel/Vauxhall model, company sources said....
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2015 GENEVA AUTO SHOW

Opel/Vauxhall touts connectivity as OnStar rolls out in Europe

March 3, 2015 18:43 CET

Opel/Vauxhall believes its OnStar digital service will help it win new customers, boost sales and return to profit after it begins to roll out the service in 13 European markets including Germany, the UK, France, Italy and Spain....
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Opel, VW CEOs cautious on Europe sales growth amid Russia crisis

March 3, 2015 09:14 CET

Europe's carmakers are benefiting from robust demand for passenger cars in most of the region although the slumping Russian market continues to cast a shadow, making forecasts increasingly difficult, Opel CEO Karl-Thomas Neumann and VW boss Martin Winterkorn said....
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A shakeup in Germany’s top auto ranks

12:01 am U.S. ET | March 2, 2015

Germany's automotive ranks are undergoing a generational shift. When Harald Krueger rises to CEO at BMW Group and Herbert Diess takes over as chairman of the Volkswagen brand this year, four of the six heads of Germany's biggest automotive brands will be in their late 40s to mid-50s....
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GM fails to reduce European losses

Feb. 4, 2015 14:16 CET

GM failed to reduce its losses in Europe in the fourth quarter as headwinds in Russia hit its business, but the automaker reiterated its goal of returning its European operations to profit in 2016....
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CHRISTIAAN HETZNER

BLOG: German auto industry feels ripples from Paris terror attacks

5:53 am U.S. ET | Jan. 30, 2015

The January killings of journalists at satirical magazine Charlie Hebdo in Paris have brought home to Germany the difficult issue of Jihadi attacks, with the debate now reaching the economic pride of the country, its carmakers....
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Opel prices new Karl to win former Chevrolet customers

Jan. 15, 2015 11:31 CET

Opel said its new Karl minicar will cost 9,500 euros in Germany. The Karl will offer safety and driver systems not common in the segment including lane departure warning, Opel said....
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Opel chief Neumann vows to make good on Barra's profit promise

11:23 am U.S. ET | Oct. 2, 2014

A day after his boss assured investors of a return to profitability in Europe by 2016, Opel chief Karl-Thomas Neumann outlined the reasons he believes he can deliver....
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Opel shakes up Russia operations

Sept. 16, 2014 09:30 CET

Opel will reorganize its Russian operations in response to difficult market conditions amid the crisis over Ukraine. The GM subsidiary will reduce output at its St. Petersburg plant to one shift....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Europe's slump creates new opportunities at the top

Aug. 13, 2014 06:01 CET

Europe's car sales slump took its toll on the executive ranks at automakers active in the region. Just 13 of the 37 executives who topped their organizational charts before the crisis are still there....
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Opel/Vauxhall to woo budget clients with low-end cars, report says

July 22, 2014 09:09 CET

Opel plans to build a range of entry-level cars to recapture the type of budget customers who in the past bought Chevrolets, a report said....
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Renault narrows sales gap with Opel in bid to be Europe's No. 2 brand

June 27, 2014 06:01 CET

Renault is narrowing its European sales gap with rivals in its bid to rise to No. 2 from No. 4 by 2017. To get there it will need to pass third-ranked Opel/Vauxhall and current No. 2 Ford....
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Opel plans return to profit through closer ties with parent GM

June 4, 2014 12:38 CET

Opel aims to return to profit and increase its market share in Europe by focusing on smaller cars using more components from parent company General Motors, CEO Karl-Thomas Neumann says....
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