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  1. Opel goes it alone

Opel goes it alone

General Motors last year decided to keep its European Opel/Vauxhall operations rather than sell them to Magna and sought help from national governments with loan guarantees. After being turned down flat by Germany, it has decided to self-fund.

COMMENT: GM blinks first

German economics minister Rainer Bruderle might be forgiven for permitting himself a wry smile this afternoon (16 June).

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…

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