Opel will now look to establish concrete talks with four German Länder following confirmation the regions will support the GM division.

The prime ministers of Hesse, Thuringia, North Rhine-Westphalia and Rhineland-Palatinate met German chancellor Angela Merkel yesterday (10 June) in Berlin following the refusal by the economics ministry to issue loan guarantees totalling EUR1.3bn (US$1.6bn).

North Rhine-Westphalia prime minister Juergen Ruettgers said the regional states had agreed to open new negotiations with Opel and parent company General Motors. “There were a number of possibilities and new tools to help Opel,” he said in a statement.

“They [Länder] have said they will support us and therefore we will seek discussions with them to find out the specific situation to identify the framework under which such support could be possible,” a GM Germany spokesman told just-auto.

“We have no date – it might be a bit premature to assume such information would available.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.