General motors is hoping to get the all clear for the sale of its loss making brand opel. But is the traditional car industry coming to an end . Well get a hands on look at the latest in driverless technology. Welcome to World Business report. Im rachel horne. Today the Eu Commission will decide whether or not to give the green light to General Motors for the 2. 5bn sale of its european operations. Gm is hoping to offload vauxhall and opel to the psa group thats the French Company which owns peugeot and citroen. Its easy to see why General Motors wants to sell their european operation, which is dominated by opel, has lost about 9. 1 billion since 2009. If successful, the deal would make psa the continents second biggest car maker after volkswagen and ahead of french rival renault. Opel employs 38,000 people across europe but its feared the sale could put thousands of those jobs under threat with workers in the uk and germany considered to be most at risk. With me is anna marie baisden,
On that later. And well be getting the inside track on on a business thats been milking big profits around the globe, were going to be speaking to the boss of arla, one of the worlds Biggest Dairy Companies. Also, as volvo calls time on the internal Combustion Engine, are you ready to give up your gas guzzler . Get in touch, just use the hashtag bbcbizlive. Hello and welcome to Business Live. Today, the Eu Commission will decide whether or not to give the green light to General Motors for the 2. 5bn sale of its European Operations. Gm is hoping to off load vauxhall and opel to the psa group, thats the french company, which owns peugeot and citroen. Its easy to see why General Motors wants to sell their European Operation, which is dominated by opel, has lost about 9. 1 billion since 2009. If successful, the deal would make psa the continents second biggest car maker, after volkswagen, and ahead of french rival, renault. Opel employs 38,000 people across europe, and its feared the sale
Soon after setting sail for dover. And bt sport are to pay £1. 2 billion to carry on showing the Champions League and Europa League until 2021. The new deal ends the Highlights Shows On Terrestrial Tv. Good morning. Welcome to bbc Newsroom Live. The uk factories at Ellesmere Port and luton employee. The new owners met government and unions last week and provided insurance that existing Production Commitments would be honoured at Ellesmere Port until 2020 and luton for some years beyond that but the combined company will have 2a factories in europe and some say that is too many. Its one of the biggest deals in the car making sector. British and german Brands Vauxhall and opel are to merge with the french brands peugeot and citroen. Together they will make a company which is the second largest automotive player in europe. Today, the bosses of General Motors and psa welcomed the £1. 9 billion deal and stressed their commitments to vauxhall and opel at least until 2020. After that it was
Taken a dramatic turn, with poachers slaughtering a rhino for its horn at a Wildlife Park in paris. A coroner has ruled that the singer George Michael died of Natural Causes, including heart and liver disease. Its 5. 00pm. A very good afternoon to you. Our top story is that the government is facing another defeat in the House Of Lords over its plans for britain to leave the european union. Peers are due to vote this evening on an amendment to the brexit bill, calling for parliament to be given A Meaningful Vote on any final deal. Our chief Political Correspondent vicki young is at westminster. The lords and ladies have been debating this throughout the day. How was it looking as far as they are concerned and the government is concerned . Remember that have already inflicted a defeat on the government over the rights of the eu citizens and this has been debated already House Of Commons and their was heated debate but there was no damage, no defeat inflicted on the government. That is no
To just be given for the war to see you how old turbot it is. As a junior to need to go through the green streets im not jewish. A young man tells d. W. That he and his friends were beaten up for wearing that kick butt in berlin and they werent even jewish and french president Emmanuel Mccall is in berlin with some ideas for big changes to the European Union among them a European Monetary Fund to help bellow Member States in trouble but will germany be on board. Welcome to the Program Thanks for joining us. Israel is celebrating seventy years since its founding according to the hebrew calendar that anniversary began at sundown on wednesday to honor the moments that the founding father David Bengurion announced the state of israel into existence the following year saw the jewish state at bitter all odds with its arab neighbors a Prime Minister Benjamin Netanyahu told crowds in jerusalem that real seeds of peace were beginning to sprout in the region. In a blaze of fire the menorah the s