Ford Stands Against Opel and Vauxhall State Aid
15 Apr 2010, 15:00 UTC · By: Dan Mihalascu / Ford Motor Company announced it is against state aids for General Motors’ European brands Opel and Vauxhall. "We believe companies should pay for restructuring themselves," said Wolf...
State Governments to Discuss Opel Aid
23 Feb 2010, 07:59 UTC · By: Bogdan Popa / General Motors has already stated that it needs 2.7 billion Euros to restructure Opel but governments across Europe, including Germany, are yet to make a decision on the matter. However, according t...
Spanish Workers to "Decide" Opel State Aid
18 Feb 2010, 08:15 UTC · By: Bogdan Popa / General Motors Europe is still negotiating with European governments hosting Opel factories the amount of state loans to be offered for helping the brand's restructuring. But Spanish industry m...
Germany and Spain to Carefully Examine Opel Aid
10 Feb 2010, 07:58 UTC · By: Bogdan Popa / While both Germany and the United Kingdom last week expressed their intentions to provide financial support for GM's Opel, Nick Reilly's yesterday statement changed plans a little bit. The...
German Government Wants More Opel Money from GM
3 Feb 2010, 09:46 UTC · By: Bogdan Popa / While General Motors goes further with its restructuring plan for Opel, the German government demands the US-based manufacturer to contribute with more money before receiving state loans to fund the...
EU to Review Saab Loan Guarantee ASAP
28 Jan 2010, 08:57 UTC · By: Bogdan Popa / Now that General Motors finally agreed to sell Saab to Spyker, the Swedish authorities must decide on the amount of money to be used for backing the deal. Sources are claiming that Sweden wants to o...
GM Europe Needs 3.3bn EUR
6 Dec 2009, 17:05 UTC · By: Alexandru Radu Chis / Following Saturday’s Conference Call with GM Europe President Nick Reilly, assurances were made that GM won’t cut more or fewer jobs in Germany, regardless of how the German government w...
GM Doesn't Qualify for German State Aid
27 Nov 2009, 08:05 UTC · By: Bogdan Popa / General Motors is not eligible to receive state aid under the Germany Fund programme that provides financial backing to companies trying to deal with the crisis. At least, this is that a German gove...