Monday, April 20, 2009

GM disposing of Opel

GM has to get rid of Opel as quickly as possible. And this will also be the best option for Opel as it's parent company is struggling and might go into Chapter 11. This could also clear the road for investments or support by the German government, industrial investors or private banking turnaround financing. It will be very interesting to see what's going to happen. See today's post by Financial Times.

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