The German government refused financial support requested by Opel
June 10, 2010 by Automotive
Filed under Automotive news
A we spoke earlier this week that General Motors was awaiting the final decision on whether German government finally decided to give German administrative automotive firm guarantees for loans of the order of one thousand 100 million euros for the company could carry out the restructuring their activities across Europe.
Well, we have resolution. And they have not done a lot of grace to those most responsible for the company, based in Detroit. And is that Finally the German Government has rejected financial support requested by Opel for its restructuring plan .
General Motors
” is naturally disappointed that after such a long process we have received a negative reply the German Government. In any case, we appreciate the support of the Governments of the United Kingdom, Spain, Poland and, of course, of all employees of Opel / Vauxhall Press GM-Free Translation
And is that while in Germany, General Motors has not received the expected support in other European countries such as Spain, Britain and Poland, if they have supported financially speaking, of course, the restructuring of Opel.
On the other hand, surely one of the German administrative reasons for not giving his aposyo GM goes through the idea that
If you want to know everything about the restructuring of Opel click here .
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