1. QUOTE from:
    Auto Industry Poker Game Ends: GM Makes Shock Decision To Keep Opel
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    Roland Koch, governor of the state of Hesse where thousands of Opel workers are employed at the company's headquarters and main plant in Rüsselsheim near Frankfurt, was particularly upset. "I am very shocked and at the same time, I am angry that months-long efforts to find the best possible solution for Opel in Europe have failed, due to GM" Koch complained. "And due to negative experiences with GM's business policies over the past few years, I have major concerns about the future of the (Opel) business and the jobs there." Full Article at Spiegel Online
    I am very shocked and at the same time, I am angry that months-long efforts to find the best possible solution for Opel in Europe have failed, due to GM
    – Roland Koch SOURCE: Spiegel Online 1 month ago
All quotes from:
Auto Industry Poker Game Ends: GM Makes Shock Decision To Keep Opel
  1. However, from the outset, our goal has been to secure the best long-term solution for our customers, employees, suppliers and dealers, which is reflected in the decision reached today. This was deemed to be the most stable and least costly approach for securing Opel/Vauxhall's long-term future. While st...
    SOURCE: Spiegel Online 1 month ago
  2. We understand the complexity and length of this issue has been draining for all involved
    SOURCE: Spiegel Online 1 month ago
  3. And due to negative experiences with GM's business policies over the past few years, I have major concerns about the future of the (Opel) business and the jobs there.
    SOURCE: Spiegel Online 1 month ago
  4. An investment process that was being intensively undertaken by all parties -- including GM -- for over six months has been aborted
    SOURCE: Spiegel Online 1 month ago
  5. Given an improving business environment for GM over the past few months, and the importance of Opel (and) Vauxhall to GM's global strategy, the GM board of directors has decided to retain Opel and will initiate a restructuring of its European operations in earnest
    SOURCE: Spiegel Online 1 month ago
  6. At the same time, GM's overall financial health and stability have improved significantly over the past few months, giving us confidence that the European business can be successfully restructured.
    SOURCE: Spiegel Online 1 month ago
  7. GM and the Opel Trust should be given the opportunity to reconsider the outcome of the bidding process.
    SOURCE: Spiegel Online 1 month ago

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