Auto news; GM Wants $4.2 Billion European Aid For Opel Restructuring

Posted by – February 28, 2009

Auto news; GM Wants $4.2 Billion European Aid For Opel Restructuring Today GM of Europe announced a restructuring plan that would spin Opel off into a separate business unit to save “as many jobs and factories as possible” according to Automotive News. But GM can’t do it alone; they claim to need 3.3 billion euros in state aid (approximately $4.18 billion).This in response to yesterday’s protests in ..

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