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NEWS
August 29, 1993
It promises to be the industrial espionage case of the decade, one replete with big money, big egos, big stakes and big national interests.Germans watched aghast last Thursday as 60 police investigators swept through Wolfsburg, home of the huge Volkswagen auto empire and symbol of the postwar German economic "miracle." They marched into top executive offices and raided homes of several VW officials, possibly including the central figure in the case, a Spaniard named Jose Ignacio Lopez de Arriortua, vice president for all General Motors purchasing worldwide before he defected to Volkswagen last March.
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NEWS
March 22, 2009
Woman wounded in apparent suicide try A woman was found shot in the head in West Baltimore yesterday afternoon in an apparent suicide attempt, said police spokeswoman Nicole Monroe. The woman was found at Edgemont and Parkwood avenues about 12:51 p.m., Monroe said. The woman, whose name was not released, survived the shooting, Monroe said last night, but her condition was unavailable. Andrea K. Walker Man accused of arson and insurance fraud FROSTBURG: A Frostburg man has been accused of setting his home on fire in a bid to collect insurance payments.
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BUSINESS
By Ian Johnson and Ian Johnson,Contributing Writer | March 15, 1992
Berlin -- As the first full year of German unification began in 1991, Volkswagen boss Carl Hahn said he wanted his company to dominate the booming eastern car market as it had the rest of Europe.But, in a move that surprised most analysts, giant VW was passed by Adam Opel AG, General Motors Corp.'s German subsidiary, which had a reputation as a frumpy, workmanlike runner-up.Through clever marketing and imaginative sales techniques, Opel snatched 18 percent of the car-hungry eastern German market, while VW was left with 13 percent -- almost 7 percentage points less than its market share in western Germany.
BUSINESS
By MarketWatch | February 21, 2009
LONDON -Swedish automaker Saab filed for bankruptcy protection yesterday and is looking to attract new investors after its troubled owner, General Motors, said it would cut loose the money-losing division as part of its vast restructuring. Saab said it is seeking funding from private and public sources and that the reorganization, pending court approval, will be executed over a three-month period. "We explored and will continue to explore all available options for funding and/or selling Saab, and it was determined a formal restructuring would be the best way to create a truly independent entity that is ready for investment," Saab Managing Director Jan Ake Jonsson said in a statement.
NEWS
March 22, 2009
Woman wounded in apparent suicide try A woman was found shot in the head in West Baltimore yesterday afternoon in an apparent suicide attempt, said police spokeswoman Nicole Monroe. The woman was found at Edgemont and Parkwood avenues about 12:51 p.m., Monroe said. The woman, whose name was not released, survived the shooting, Monroe said last night, but her condition was unavailable. Andrea K. Walker Man accused of arson and insurance fraud FROSTBURG: A Frostburg man has been accused of setting his home on fire in a bid to collect insurance payments.
BUSINESS
By New York Times News Service | July 13, 1993
BONN, Germany -- The fight between Volkswagen and General Motors escalated yesterday as VW's chairman accused GM executive in Europe of waging a vendetta against the German auto maker's worldwide production chief.The latest chapter in the international corporate duel involving secret GM documents and the defection of a top GM executive to VW came with published comments by Ferdinand Piech, Volkswagen's chairman, about GM's legal campaign against Jose Ignacio Lopez de Arriortua, who abruptly quit GM in March to take charge of VW's worldwide production.
BUSINESS
By BLOOMBERG BUSINESS NEWS | March 9, 1996
Tired of waiting for its day in court in Germany, General Motors Corp. sued German rival Volkswagen AG for industrial espionage in a U.S. court.GM and its German unit, Adam Opel AG, sued for unspecified damages, claiming they suffered "serious economic damage" when GM's former purchasing chief, Jose Ignacio Lopez de Arriortua, defected to VW in 1993.The company filed the lawsuit Thursday night in U.S. District Court in Detroit after concluding that German criminal investigations wouldn't be finished before the statute of limitations expires at the end of this month, GM officials said.
BUSINESS
By NEW YORK TIMES NEWS SERVICE | October 19, 2004
FRANKFURT, Germany - Just days after it announced deep job cuts in Europe, the General Motors Corp. is battling a wildcat strike at one of its biggest German auto plants, and a threat of wider disruptions. Workers at the Opel assembly plant in Bochum refused to work yesterday for the third day, blocking the entrance to the factory and brushing aside the pleas of German politicians to compromise. GM, which owns Opel, has begun negotiations with union representatives at all its European plants over a cost-cutting plan that is aimed at saving 500 million euros ($623 million)
BUSINESS
By KNIGHT RIDDER/TRIBUNE | June 30, 2002
GOTENBURG, Sweden - The European auto industry is facing trouble from all sides. Sales are worsening domestically, and companies that export to the United States are earning less money because the dollar is weak. And though big players such as Adam Opel AG and Fiat SpA are losing money, they can't afford to stop investing in new products, because everyone else is. A decline in sales volume is accelerating. From May 2001 to May of this year, sales were down 8 percent in Europe and 14 percent in Germany, Europe's biggest market.
BUSINESS
By Los Angeles Times | July 29, 1993
BONN, Germany -- The high-stakes international battle between Volkswagen and General Motors escalated yesterday, as beleaguered VW Chairman Ferdinand Piech accused the Americans of trumping up charges of industrial espionage in a smear campaign against the star executive he lured away from GM.Publicly answering allegations by GM and its German-based Adam Opel AG unit for the first time since the scandal erupted four months ago, Mr. Piech claimed that Volkswagen...
BUSINESS
By NEW YORK TIMES NEWS SERVICE | October 19, 2004
FRANKFURT, Germany - Just days after it announced deep job cuts in Europe, the General Motors Corp. is battling a wildcat strike at one of its biggest German auto plants, and a threat of wider disruptions. Workers at the Opel assembly plant in Bochum refused to work yesterday for the third day, blocking the entrance to the factory and brushing aside the pleas of German politicians to compromise. GM, which owns Opel, has begun negotiations with union representatives at all its European plants over a cost-cutting plan that is aimed at saving 500 million euros ($623 million)
NEWS
By Childs Walker and Childs Walker,SUN STAFF | February 15, 2004
Anne Arundel County should target its agricultural preservation efforts at land owned by longtime farming families and give those families more options for using the land once it is preserved, a panel of farmers and farm experts recommended last week. Such measures would help the county preserve its farming industry, instead of just preserving open land, said Jeff Opel, the chairman of the panel. "We've done a very good job of preserving our land base, but it's equally important to preserve the farmer," said Opel, who is also director of the county's soil conservation district.
BUSINESS
By KNIGHT RIDDER/TRIBUNE | June 30, 2002
GOTENBURG, Sweden - The European auto industry is facing trouble from all sides. Sales are worsening domestically, and companies that export to the United States are earning less money because the dollar is weak. And though big players such as Adam Opel AG and Fiat SpA are losing money, they can't afford to stop investing in new products, because everyone else is. A decline in sales volume is accelerating. From May 2001 to May of this year, sales were down 8 percent in Europe and 14 percent in Germany, Europe's biggest market.
BUSINESS
By Ted Shelsby | August 11, 1996
General Motors Corp. took action last week to satisfy dealers that have long clamored for a larger Saturn. The company said it would build a midsize model at its Chevrolet plant in Wilmington, Del.The new car, code-named Innovate, will be the first Saturn built outside its assembly line at Spring Hill, Tenn., which has cultivated an image of down-home workers who crafted a car as a team.It is scheduled to make its way into showrooms in 1999.General Motors said the car will be based on the Opel Vectra that GM makes and sells in Europe.
BUSINESS
By BLOOMBERG BUSINESS NEWS | March 9, 1996
Tired of waiting for its day in court in Germany, General Motors Corp. sued German rival Volkswagen AG for industrial espionage in a U.S. court.GM and its German unit, Adam Opel AG, sued for unspecified damages, claiming they suffered "serious economic damage" when GM's former purchasing chief, Jose Ignacio Lopez de Arriortua, defected to VW in 1993.The company filed the lawsuit Thursday night in U.S. District Court in Detroit after concluding that German criminal investigations wouldn't be finished before the statute of limitations expires at the end of this month, GM officials said.
NEWS
August 29, 1993
It promises to be the industrial espionage case of the decade, one replete with big money, big egos, big stakes and big national interests.Germans watched aghast last Thursday as 60 police investigators swept through Wolfsburg, home of the huge Volkswagen auto empire and symbol of the postwar German economic "miracle." They marched into top executive offices and raided homes of several VW officials, possibly including the central figure in the case, a Spaniard named Jose Ignacio Lopez de Arriortua, vice president for all General Motors purchasing worldwide before he defected to Volkswagen last March.
BUSINESS
April 27, 1993
Motorola unveils powerful chipMotorola Inc. unveiled a powerful new computer chip to compete with industry leader Intel Corp.'s new Pentium microprocessor at less than half the price.The result could be a sharp price reduction for the next generation of personal computers, but analysts said Motorola's new PowerPC chip, announced yesterday, first must prove its appeal to software manufacturers.Slow world economic growth seenThe world economy will experience sluggish growth for the third straight year and could suffer a new slowdown if the major industrial nations fail to take stronger steps to bolster growth, the International Monetary Fund said yesterday in its new economic forecast.
NEWS
By Childs Walker and Childs Walker,SUN STAFF | February 15, 2004
Anne Arundel County should target its agricultural preservation efforts at land owned by longtime farming families and give those families more options for using the land once it is preserved, a panel of farmers and farm experts recommended last week. Such measures would help the county preserve its farming industry, instead of just preserving open land, said Jeff Opel, the chairman of the panel. "We've done a very good job of preserving our land base, but it's equally important to preserve the farmer," said Opel, who is also director of the county's soil conservation district.
BUSINESS
By Los Angeles Times | July 29, 1993
BONN, Germany -- The high-stakes international battle between Volkswagen and General Motors escalated yesterday, as beleaguered VW Chairman Ferdinand Piech accused the Americans of trumping up charges of industrial espionage in a smear campaign against the star executive he lured away from GM.Publicly answering allegations by GM and its German-based Adam Opel AG unit for the first time since the scandal erupted four months ago, Mr. Piech claimed that Volkswagen...
BUSINESS
By New York Times News Service | July 13, 1993
BONN, Germany -- The fight between Volkswagen and General Motors escalated yesterday as VW's chairman accused GM executive in Europe of waging a vendetta against the German auto maker's worldwide production chief.The latest chapter in the international corporate duel involving secret GM documents and the defection of a top GM executive to VW came with published comments by Ferdinand Piech, Volkswagen's chairman, about GM's legal campaign against Jose Ignacio Lopez de Arriortua, who abruptly quit GM in March to take charge of VW's worldwide production.
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