The boss of General Motors’ European divisions admits the premium pricing strategy for Opel and Vauxhall has backfired. Opel/Vauxhall CEO Karl-Friedrich Stracke told industry journal Automotive News Europe both brands would phase out their upmarket pricing structure in the near … Continue reading ?
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The president of General Motors Europe and CEO of Opel and Vauxhall has stepped down from his position to focus on “special assignments” within the company. Karl-Friedrich Stracke, 56, has been replaced by GM vice chairman Steve Gir... Read Post
The boss of General Motors’ European operations has outlined a 10-point plan for turning around Opel and Vauxhall and returning them to profitability as quickly as possible. Opel/Vauxhall CEO Karl-Friedrich Stracke today announced t... Read Post
General Motors Co. announced today that Nick Reilly, president of GM Europe, will retire in March 2012. Reilly, a 37-year GM veteran, will be succeeded by Karl Stracke, currently CEO of the company?s Opel/Vauxhall operations. Strack... Read Post