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GM Wants $4.2 Billion European Aid For Opel Restructuring

GM Wants $4.2 Billion European Aid For Opel Restructuring

Today GM of Europe announced a restructuring plan that would spin Opel off into a separate business unit to save "as many jobs and factories as possible" according to Automotive News. But GM can't do it alone; they claim to need 3.3 billion euros in state aid (approximately $4.18 billion). This in... read more

February 27, 2009 by - 5
 

 
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