GM looks at shelving Opel plan

Article reports that General Motors is looking at shelving a German-backed bailout of its Opel European car arm, August 2009, amid growing fears that long-running talks on the deal will end in failure.

German news sources also report on the political implications for Angela Merkel's government if this happened.

Deutsche Welle, 25.8.09: Berlin continues to spin its wheels over Opel's future http://www.dw-world.de/dw/article/0,,4596868,00.html

Spiegel Online International, 1.9.09: Car Crash. How Merkel's Attempt to Save Opel Went Awry http://www.spiegel.de/international/business/0,1518,646370,00.html

ESO: Background information: GM delay over Opel bidder irritates Berlin http://www.europeansources.info/record/gm-delay-over-opel-bidder-irritates-berlin/

Deutsche Welle, 24.8.09: White House will not intervene in General Motor's decision on Opel http://www.dw-world.de/dw/article/0,,4595654,00.html

Spiegel Online International, 24.8.09: 'If the Opel Deal Destructs, Merkel Will be Disgraced' http://www.spiegel.de/international/germany/0,1518,644654,00.html

Deutsche Welle, 26.8.09: Experts see five possible solutions to the Opel drama http://www.dw-world.de/dw/article/0,,4600794,00.html

EurActiv, 25.8.09: Merkel's re-election bid stumbles on Opel rescue http://www.euractiv.com/elections/merkels-election-bid-stumbles-op-news-222449

BBC News, 25.8.09: Uncertainty over GM sale of Opel http://news.bbc.co.uk/1/hi/business/8219542.stm

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