US: Nervous GM Europe awaits parent's plan
Most US auto eyes will be on Washington DC this afternoon (GMT) when General Motors and Chrysler submit final restructuring/viability plans to the US treasury as part of the conditions of a first tranche of bailout loans at the turn of the year, and more help expected to be made available today. But nervous eyes will be watching from this side of the Atlantic, too as GM's European brands brace for the effects of the parent company's survival plan.
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