US automaker General Motors said Tuesday it would more than triple its contribution to a rescue of ailing European division Opel/Vauxhall, providing more than half the total after calls from European governments. Opel said in a statement that GM would invest 1.9 billion euros (2.6 billion dollars ...

The US automaker General Motors said Tuesday it would commit 1.9 billion euros (2.6 billion dollars) to restructuring its ailing European division Opel/Vauxhall, three times more than foreseen orginally. GM would thus provide more than half of the three billion euros estimated necessary to turn Opel around ...

Ailing carmaker Opel is considering launching an electric car for inner-city use to tap what it sees as a high-potential market, the firm's boss said in an interview Sunday. "We are thinking about a small electric vehicle," the chief of the General Motors unit, Nick Reilly, told Germany's ...

The German government and parliament, which have been asked for money to help rescue Opel, said Wednesday that a plan to restructure the ailing car maker was insufficient. Opel has sought 1.5 billion euros (2.0 billion dollars) from Berlin, which awaits the results of a private audit before ...