Economist logo Economist 1 month ago

Handbrake turn

THE decision by General Motors to abandon its sale of a controlling stake in Opel to a consortium led by Magna, an Austrian-Canadian partsmaker, has embarrassed and angered the German government and alarmed workers. Full Article at Economist

Related Topics:

  1. General Motors
  2. European Commission
  3. Vauxhall

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  1. An undated file picture shows Walter Borst, finance manager of General Motors. General Motors appointed Borst as chairman of the supervisory board of Adam Opel GmbH on December 15, 2009.
  2. DETROIT - DECEMBER 7: Michigan Governor Jennifer Granholm gives a thumbs-up to the crowd of media and General Motors workers as she drives a new Chevrolet Volt extended range electric vehicle to the stage at the Detroit Hamtramck Assembly Plant to a stage December 7, 2009 in Detroit, Michigan.
  3. LOS ANGELES, CA - DECEMBER 2: General Motors Vice Chairman Bob Lutz delivers the Motor Press Guild keynote address during press preview days of the 2009 LA Auto Show at the Los Angeles Convention Center on December 2, 2009 in Los Angeles, California.
  4. DETROIT - DECEMBER 1: General Motors Chairman Ed Whitacre reads a statement announcing that Fritz Henderson will be stepping down as the CEO of the company at a news conference December 1, 2009 at the GM headquarters in Detroit, Michigan. Whitacre will take over as the interim CEO.
  5. Kurdish protesters clash with Turkish riot police in Diyarbakir December 14, 2009. The European Commission warned on Monday that a ban by Turkey's Constitutional Court on the pro-Kurdish Democratic Society Party (DTP) could deprive a substantial portion of Turkish voters from representation.

Cast of Characters

  1. General Motors General Motors
  2. European Commission European Commission
  3. Vauxhall Vauxhall
  4. Fiat Fiat
  5. Sberbank Sberbank
  6. Ford Motor Company Ford Motor Company