Germany has yet to decide whether it could offer financial aid for Opel if the company remains with its US parent General Motors, German finance minister Peer Steinbrueck said on Wednesday.


“We must wait and see,” Steinbrueck said when asked this question by Reuters in Berlin. It would depend on how much money GM was prepared to put on the table, he added.


“Are they prepared to, are they in a position to, where would they get the money from?” Steinbrueck said.


The comments reflect a softening of the government’s earlier stance that had suggested no funding would be forthcoming unless the GM board agreed to a majority stake sale to a Canada-Russia consortium led by Magna International.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now