GERMANY: GME denies Opel readying for bankruptcy
General Motors has denied a weekend newspaper report Opel was preparing for insolvency.
Read moreGeneral Motors has denied a weekend newspaper report Opel was preparing for insolvency.
Read moreOpel needs a better survival plan and, even if that is produced, German government help would not be in the form of a cash injection, the country’s chancellor has said.
Read moreEven as General Motors explores the sale of Opel, it will tap its European unit as a source for future Buick sedans.
Read moreEven as General Motors explores the sale of Opel, it will tap its European unit as a source for future Buick sedans.
Read moreOpel has threatened to close plants in Eisenach and Bochum plus a facility in Antwerp, Belgium, according to media reports.
Read moreBERLIN (Reuters) — German weekly magazine Der Spiegel said on Saturday that Opel was threatening to close its German plants in Eisenach and Bochum as well as its Belgian site in Antwerp.
Read moreGerman Chancellor Angela Merkel said on Saturday that General Motors must improve the rescue plan for its German unit Opel if it wants government support for the struggling carmaker.
Read moreGeneral Motors denied a weekend newspaper report its German unit Opel was preparing for insolvency. “This scenario is currently not on the agenda,” a GM Europe spokesman told Reuters.
Read moreEven as General Motors explores the sale of Opel, it will tap its European unit as a source for future Buick sedans. For the past two years, GM has shared Opel vehicles and design with Saturn.
Read moreBERLIN (Reuters) — German weekly magazine Der Spiegel said on Saturday that Opel was threatening to close its German plants in Eisenach and Bochum as well as its Belgian site in Antwerp.
Read moreBERLIN (Reuters) — German weekly magazine Der Spiegel said on Saturday that Opel was threatening to close its German plants in Eisenach and Bochum as well as its Belgian site in Antwerp.
Read moreGerman Chancellor Angela Merkel said today that General Motors must improve the rescue plan for Opel to win government support for the German subsidiary.
Read moreGerman Chancellor Angela Merkel said on Saturday that General Motors must improve the rescue plan for its German unit Opel if it wants government support for the struggling carmaker.
Read moreGerman Chancellor Angela Merkel said on Saturday that General Motors must improve the rescue plan for its German unit Opel if it wants government support for the struggling carmaker.
Read moreA German newspaper has reported that GM has ceded patents obtained by its Opel unit to the US Treasury in exchange for public aid.
Read moreInsolvency could be an option for Opel though it need not mean the General Motors’ unit going bust, German Interior Minister Wolfgang Schaeuble said in a newspaper interview on Friday.
Read moreInsolvency could be an option for Opel though it need not mean the General Motors’ unit going bust, German Interior Minister Wolfgang Schaeuble said in a newspaper interview today.
Read moreInsolvency could be an option for Opel though it need not mean the General Motors’ unit going bust, German Interior Minister Wolfgang Schaeuble said in a newspaper interview on Friday.
Read moreA German union has warned of 400,000 job losses across Europe if Opel is allowed to fail.
Read moreThe German government cannot make a decision on the future of Opel on the basis of the rescue proposal put forward so far, Finance Minister Peer Steinbrueck said today.
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