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Don't pay much heed to the wailing from Germany about General Motors Co.'s decision, after all, to keep its Adam Opel GmbH unit. Full Article at Detroit News Online
Related Articles
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General Motors Co. said Tuesday that a senior executive who now runs its international divisions will take over responsibility for the European Opel and Vauxhall units while the company searches for a permanent chief executive. Full Article at eTaiwan News
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GM has decided that it wants to keep its European subsidiary Opel, but it probably won't keep all 50,000-plus workers, and some factories may also be in danger. Full Article at Deutsche Welle
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WASHINGTON, Nov. 9 (Xinhua) -- The U.S. Federal Reserve said Monday that GMAC, the former finance arm of General Motors, is the only one of 19 stress-tested banks that needs more aid to meet required financial sufficiency. Full Article at Xinhua
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At the Geneva Motor Show earlier this year, then-acting GM Europe CEO Bob Lutz (right) delivers a press conference with then-GM Europe President Carl-Peter Forster to introduce the new Opel Ampera hybrid-electric vehicle. Full Article at Popular Mechanics
Related Quotes
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This solution can only work if GM takes over the lion's share of the restructuring costs, which also means that it has to pay back the bridging loan
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We expect General Motors quickly to present a reliable concept that gives Opel Europe and the German sites the chance of a good future
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The restructuring plan developed at the end of last year by GM is still the basis for a profitable business model. The plan foresees a 30 percent cut in structural costs
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We will have to take into account this style of dealing with partners in the future, though this scornful approach toward partners mainly affects the Europeans, not us
