News Column

GM Appoints Executive to Head Troubled Opel Ops

Jan 31, 2013

US carmaker General Motors said Thursday it had appointed a former top Volkswagen executive, Karl-Thomas Neumann, to head up its struggling European offshoot, Opel.

The 51-year-old Neumann, who previously ran VW's operations in China, is due to take over the post at the loss-making Opel on March 1.

"He will play a key role in the worldwide leadership of GM", GM Europe President Steve Girsky said announcing Newmann's appointment.

Girsky is to step aside from his post to make way for Newmann, whose job it will be to turnaround sales at Opel and push the group back towards profitability.

For more coverage on the automotive industry, please see HispanicBusiness' Auto Channel

Source: Copyright 2013 dpa Deutsche Presse-Agentur GmbH

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