Opel trade unions on the Government once again postpone assistance Germany feel angry
CRI news according to foreign media reports, Opel workers Federation recently said that the Government of Germany once again postpone its previous commitment to General Motors Investment 37 billion euros (about $ 45.2 million) on Opel to restructure scheme do loan guarantees, the Opel Workers Union was "angry".
25, Germany Reserve Fund Steering Committee decided not to recommend the taxpayer to Opel investment of about 13 million euros to help reduce the Opel's production in the European market, while reducing 20% of labour productivity. Germany's Federal Minister of Economic Affairs Reina ・ brewood Lei (Rainer Bruederle) said that the Government for General Motors for the loan guarantees will be the end of may or early June, came into effect. Government officials believe that the current situation also Opel is to the brink of collapse, so for the first time in the Opel requests the Government to aid a year and a half later, the latter is still not given any clear reply.
Berlin's attitude has been questioned by the parties, analysts believe that Government is the delay in such a long time, actually its not willing to make aid for Opel.
Current internal funding shortfalls for Opel urgently waiting for Germany with the support of the Government to implement the restructuring plan, the company's future will in total 48000 employees about 8400 in layoffs, accounting for one fifth of the total, while at the same time it also closes in Belgium Antwerp City manufacturing facility to lower productivity. While at the same time, the Opel brand in the market demand is also reflected in the flat, the restructuring plan can reduce costs for the company to respond to market weakness.
As a general purpose vehicle 100% owned subsidiary, Opel said its currently has no credit available.
Universal aspects had previously said it would only be required to meet the Opel $ 37 billion euros half of recombinant capital, General aspects also expressed as Opel is a leading European car manufacturers, European taxpayers ought to assume the responsibility of helping Opel.
At the same time, General Motors said it ultimately will not allow Opel reduced to the point of bankruptcy, it has to Opel global operations sector investment of about 2160 million cash relief. In the first quarter of this year, GM has already invested $ 1 billion in cash to help Opel solutions temporary difficulties, but these do not have money from the United States taxpayers ' pockets. (Yi Hai)