Germany, US to discuss fresh capital for Opel

Author (Person)
Series Title
Series Details 3.3.09
Publication Date 03/03/2009
Content Type

Article reports that the German government will hold talks with the US in March 2009 on the future of Opel as Berlin ponders whether to prop up the German arm of carmaker General Motors with the €3.3bn in fresh capital it has requested.

Related Links
Deutsche Welle, 6.3.09: After Inconclusive Meeting, Still No Decision on Opel http://www.dw-world.de/dw/article/0,,4076809,00.html
Spiegel Online International, 5.3.09: EU Commissioner Calls for Summit to Save Opel http://www.spiegel.de/international/europe/0,1518,611594,00.html
Council of the European Union: Press Release: Council Conclusions on the automotive industry, March 2009 http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/intm/106515.pdf
The Economist, No.8621, 7.3.09: The crisis in the car industry. No Opel, no hope http://www.economist.com/business/displaystory.cfm?story_id=13234991
BBC News, 2.3.09: Opel in talks over government aid http://news.bbc.co.uk/1/hi/business/7918637.stm
Deutsche Welle, 2.3.09: Berlin Refuses to Be Rushed into a Decision on Opel http://www.dw-world.de/dw/article/0,,4066522,00.html
ESO: Background information: GM eyes sale of equity stake in Vauxhall http://www.europeansources.info/record/gm-eyes-sale-of-equity-stake-in-vauxhall/

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