Opel goes it alone
COMMENT: GM blinks first
German economics minister Rainer Bruderle might be forgiven for permitting himself a wry smile this afternoon (16 June). Today's news…
GERMANY: GM to fund all Opel needs
Opel/Vauxhall's decision to withdraw all applications for government loan guarantees across Europe will now see the automaker fund all requirements…
GERMANY: Länder rule out grants, mull Opel guarantees
German Länder involved in potentially providing Opel with assistance have ruled out direct financial grants, but are mulling loan guarantees.…
COMMENT: Creative thinking to aid Opel
A casual obsever of Germany's Länder (or regional states) government system could be forgiven for thinking it involved labyrinthine layers…
GERMANY: Länder support prompts Opel talks
Opel will now look to establish concrete talks with four German Länder following confirmation the regions will support the GM…
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GERMANY: Opel talks to EIB for funding
Opel has approached the European Investment Bank (EIB) with the potential to secure up to EUR800m (US$971m) in loans. The…
GERMANY: European unions slam Opel decision
Representatives of European metalworkers' unions have slammed Germany's decision to deny GM's Opel division EUR1.3bn (US$1.6bn) in loan guarantees as…
GERMANY: Länder due to address Opel issue today
Opel said it expects Germany's Länder (regional states) to comment later today (10 June) on the decision by the country's…
GERMANY [updated 21:05BST]: Government loan guarantee rejection frustrates Opel
Germany has refused to guarantee a EUR1.3bn loan for General Motors European unit Opel whose CEO expressed frustration at the…
GERMANY: Opel to look now to Lander for help
General Motors' Opel division said it would now have to approach regional authorities after today's (9 June) news the German…