RHJ would keep Vauxhall open / RHJ vows to put Opel in profit by 2011

RHJ International is promising to make Opel profitable by 2011 and keep its two Vauxhall plants in the UK open as part of its bid for the European business of General Motors.

The Brussels-listed industrial holding, which has kept a low profile throughout GM’s sale of Opel in 2009, confirmed for the first time on the 13 July 2009 that it was 'at an advanced stage' of talks with the US carmaker.

ESO: Background information: BAIC outlines factory plan in Opel bid http://www.europeansources.info/record/baic-outlines-factory-plan-in-opel-bid/

ESO: Background Information: Three formal bids expected for stake in GM's Europe operations http://www.europeansources.info/record/three-formal-bids-expected-for-stake-in-gms-europe-operations/

RHJ International: Press release, 13.7.09: RHJI Confirms Negociations with General Motors over the Acquisition of a Stake in Opel GMBH http://www.rhji.com/RHJI/Press-releases/Detail/page.aspx/142?itemID=446

Deutsche Welle, 15.7.09: RHJ discusses Opel bid with Berlin http://www.dw-world.de/dw/article/0,,4488089,00.html

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