Advertisement

Head of GM Europe and Opel resigns

Author thumbnail
Head of GM Europe and Opel resigns
Photo: DPA

The head of General Motors in Europe, Karl-Friedrich Stracke, has resigned from this job as well as his role as head of Opel/Vauxhall, the firm said on Thursday.

Advertisement

GM vice-chairman Steve Girsky will take over his duties on an interim basis while the firm searches for a replacement, the company said in a statement.

The chief executive of the parent company, Dan Akerson, paid tribute to the 56-year-old Stracke, saying he worked "tirelessly, under pressure, to stabilise this business."

Stracke said he believed "Opel/Vauxhall has a bright future" and said he was looking forward to taking on "special assignments" under Akerson.

In June, Opel's supervisory board approved a deep restructuring plan to steer the firm, a loss-making unit of US car giant General Motors, back into profit.

GM's European operations have run up billions of dollars in losses over the past 10 years.

AFP/hc

More

Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also