Wednesday, September 9, 2009
Closing in on an Opel Deal?
The German Minister is tired of waiting around for the decision concerning Opel's future and has asked for a decision on the company by the end of next week. Conflict has arisen about who to sell to or if to even sell Opel at all. Magna has been largely considered the forerunner for the sale but many in Opel's managment team currently prefer Belgian RHJ or just not selling at all and allowing G.M. to continue running Opel. The entire situation seems like a mess. Hopefully we'll find out what is going on this week.