feedburner
Enter your email address:

Delivered by FeedBurner

feedburner count

Aid applications denied Opel will be self financing to complete the rectification





An integrated electric super car, the requests for financial assistance to the Government's refusal by Germany, General Motors Europe Opel branch will continue to find other financing options, and as scheduled on Opel for rectification.

June 9, the Government of Germany to General Motors "cash flow sufficient" as an excuse to refuse to Opel offers 11 billion euro of financial assistance. Opel CEO Nick Riley (Nick Reilly) held a news conference on that said: "Opel will be as planned investments in new models, including our long-awaited small cars. Germany Government denial of requests for financial assistance may be on our little part of product plans, but the main products are not affected. ”

Nick Riley also said: "Opel will and parent company General financing on Opel, a discussion, I believe, common does not leave us no matter what. "When asked General have likely full restructuring costs, Nick Riley said:" in theory, this is possible. However, this will reduce common in global investment in other markets. ”

And the Government of Germany, the Government of Spain has recently agreed to Opel offers 3 billion euro of financial assistance. Nick Riley also firmly believes that the United Kingdom Government and the Government of Poland also will provide assistance.

In addition, Opel in the near future will be and Opel Germany factory is located in four States Government negotiations. Nick Riley is expected that four State Government provides 11 billion euros of 25% to 50% of the financial assistance.

(Super car network)