06 November 2009
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GM’s head of European operations, Carl-Peter Forster, is to quit the company following the collapse of the deal to sell Opel to Magna, German newspaper Der Spiegel has reported.
GM executive vice president David Reilly would replace Forster, the report said.
One reason cited for Forster’s departure was his disapproval at the way the GM handled the Opel/Magna deal.
GM cancels Opel sale
Steve Cropley blog: GM keeping Vauxhall is great news
A brief history of Magna
A brief history of GM
GM this week decided against selling its European operations, citing improved business for the u-turn.
US sales of General Motors vehicles rose in September for the first time in almost two years, the company recently announced.
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