GM now wants to keep Opel, after arranging a sale?
More evidence of the awful management at GM, before and after nationalization.
No mention of Vauxhall; GM’s UK subsidiary, of of Holden; GM’s Australian subsidiary.
Holden held/holds most of GM’s muscle car DNA. The recently introduced Camaro is bested in acceleration and handling, by Huyndai in the six-cylinder version.
BTW it looks like GM’s CFO is being forced out. (The current and previous GM CEOs were previous CFOs).
The rich Swedish investor that bought Saab, has in turn found an investor from China. (Why couldn't GM find the Chinese investor?)
This is Bill Clinton with Belinda Stronach Heir to Magna which is the winning bidder for Opel.
Do you remember she was a rumored squeeze of his?
What is interesting is here is a person with Democratic connections getting the win from GM run from a distance from Obozo. Now Imagine if Bush or Cheney had a hand in the disassembling of another American Icon and it went to a let us say Steve Forbes. We would never have heard the end of it.
To her credit, she is a breast Cancer Survivor, but exited the Canadian system according to Wiki to get treatment in the US while we are toying with going to a Canadian System liek system.
I could write this if I was a suspense writer, this has that many twist and turns.