Bloomberg.com logo Bloomberg.com 3 weeks ago

General Motors Battles Worker, German Resistance in Attempt to Rescue Opel

Nov. 4 (Bloomberg) -- General Motors Co. must overcome resistance from German workers and politicians as it eliminates jobs to save the Adam Opel GmbH division from bankruptcy after calling off a planned sale to Magna International Inc. Full Article at Bloomberg.com

Related Topics:

  1. General Motors
  2. European Commission
  3. Vauxhall

Related Articles

  1. CNN logo
    GM: Opel job cuts could hit 10,000
    3 weeks ago

    GM says its Opel and Vauxhall units are important to its future global strategy. Full Article at CNN

  2. CNN logo
    GM backs out of Opel sell off
    3 weeks ago

    GM says improving business environment behind its decision not to sell OpelDecision a setback for Canadian firm Magna which was in line to buy auto unitGM said in March it wanted to sell Opel after reporting losses of $30.9 billion London, England... Full Article at CNN

  3. Wall Street Journal logo
    GM's Board Revisits Opel Sale
    4 weeks ago

    By John D. Stoll DETROIT—General Motors Co.'s board of directors will get one more chance to alter the auto maker's course in relation to its Opel and Vauxhall operations in Europe when it meets for its fourth formal meeting on the matter Tuesday.The... Full Article at Wall Street Journal

  4. Belgium takes Opel case to next level
    2 months ago

    The question of job safety amid the ongoing recession fears is seemingly brewing a bilateral row between Belgium and Germany. Full Article at New Europe News

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Related Quotes

  1. GM will close the deal this week
    SOURCE: Globe and Mail 1 month ago
  2. My feeling is that the Spanish and the British have to give a little bit
    SOURCE: Globe and Mail 1 month ago
  3. We are in the home stretch but there are a few more points to clear up ... I expect the contract to be signed in the course of the week.
    SOURCE: Globe and Mail 1 month ago
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Browse More Photos

Daylife is the web's largest archive of news photos

  1. An emblem of a Saab car is covered with raindrops at an car dealership in Hamburg in this February 20, 2009 file photo.
  2. Nick Reilly, interim head of General Motor's European business sits in an Opel Insignia at the headquarters of German carmaker Opel in Ruesselsheim November 25, 2009. General Motors has paid back a loan from Germany and slightly lowered its target for job cuts at struggling European unit Opel.
  3. LONDON, ENGLAND - NOVEMBER 24: Lord Mandelson the Secretary of State for Business Innovation and Skills examines a new Vauxhall Astra car outside the Queen Elizabeth II Conference Centre on November 24, 2009 in London, England.
  4. ELLESMERE PORT, ENGLAND - SEPTEMBER 15: British Prime Minister Gordon Brown tours the production line of the new Vauxhall Astra, which coincides with the launch of the car at the Frankfurt Motorshow, on September 15, 2009 in Ellesmere Port, England.
  5. LUTON, ENGLAND - SEPTEMBER 10: A worker leaves the Vauxhall car plant after the parent company, General Motors, announced it is to sell Vauxhall and Opel to Canadian car parts manufacturer Magna on September 10, 2009 in Luton, England.
  6. BERLIN - SEPTEMBER 10: John Smith (R), lead negotiator for U.S. carmaker General Motors, and Fred Irwin (C), Chairman of the Opel Trust Board, arrive to announce GM's final decision of the future of German carmaker Opel on September 10, 2009 in Berlin, Germany.

Cast of Characters

  1. General Motors General Motors
  2. Vauxhall Vauxhall
  3. Sberbank Sberbank
  4. European Commission European Commission
  5. Magna International, Inc. Magna International, Inc.
  6. Angela Merkel Angela Merkel