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BERLIN: General Motors' shock decision to pull out of a sale of its Opel/Vauxhall unit triggered outrage from the German government on Wednesday and fresh uncertainty for the automaker's 55,000 European workers. Full Article at Times of India
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RNRL's submissions on the MoU Frankfurt, Berlin: General Motors decision to keep its European arm Opel after months of negotiations to sell it triggered anger and dismay in Germany, which had led the talks and was putting up much of the cash. Full Article at Expressindia.com
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ByMarcus Walker AndVanessa Fuhrmans BERLIN—German politicians reacted with anger and disbelief Wednesday at General Motors Co.'s decision to scrap the sale of its European division, as the failure of the nearly completed deal handed Chancellor Angela... Full Article at Wall Street Journal
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Fritz Henderson, GM's chief executive, broke the news to Merkel's delegation during her meeting in Washington with the heads of the World Bank and IMF shortly before she returned to Berlin. Full Article at Al Jazeera
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Klaus Franz, Adam Opel GmbH's top employee representatives, said workers would walk out starting Thursday in brief, so-called "warning strikes" over GM's decision to call off a deal with Canadian parts maker Magna International Inc. and Russian lender... Full Article at San Francisco Chronicle
Related Quotes
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the German government had a very strong appetite for the Magna proposal, so I can well imagine and well understand
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Perhaps (US President Barack) Obama genuinely wasn't in the picture when he received Merkel in the White House (on Tuesday), although this doesn't say much for him
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We've valued our relationship with GM for more than 50 years ... While we were disappointed in hearing the news yesterday, we also respect the decision that the board made.
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Business decisions by GM are made by the corporate leadership at GM and not by anybody at the White House
