– 
– 
– 
Daylife Select
A point & click tool to create dynamic content portals. Learn More »
Germany's politicians fumed with anger and Opel workers cancelled cost concessions and readied walkouts after General Motors Co. cancelled the sale of its European subsidiary to parts maker Magna International MG.A-T and Russian bank Sberbank. Full Article at Globe and Mail
Related Articles
-
MOSCOW, November 5 (RIA Novosti) Russia loses the Opel deal, may benefit from the loss/Gazprom may increase its stake in Germany's biggest gas trader/ Russian-French arms deal depends on political impulse - analysts/ Tax agencies want jobless to pay... Full Article at RIA Novosti
-
The governors of states where the plants are located have also been particularly vocal in their criticism of the GM decision. Full Article at Spiegel Online
-
RUESSELSHEIM, Germany — Fearing widespread layoffs, thousands of Opel workers walked off the job across Germany today to protest General Motors Co.'s decision to abandon the unit's sale to new owners. Full Article at Houston Chronicle
-
The German government blasted on Wednesday General Motors' decision to hang on to its European unit Opel as workers voiced alarm about a potentially deep restructuring of their loss-making company. Full Article at The Age
Related Quotes
-
GM didn't discuss anything with anyone.
-
Now they must explain what they can do alone
-
I have always said that if the right long-term sustainable solution is identified, then the government would be willing to support this
-
It loses money and is extremely high-cost poduction in Germany, but if you write off Opel, you also [write off] Vauxhall in the U.K., and therefore the whole European market
– Dennis Keene SOURCE: Popular Mechanics
