Play 23 different addictive eWoss Games. It's FREE! Win money!
eWoss News
Home  News  Sports  Games
   
Welcome Guest
   Sign Up | Sign In
World News
Middle East News
European News
Canadian News
Latin American News
Asian News
Australian & Pacific News
African News

eWoss News
Breaking News Headlines
Top News Stories
U.S. National News
World News
Sports News
Business News
Entertainment News
Tech Industry News
Political News
Science News
Health News
Weird News

eWoss NewsBar
Free News Headlines Embedded in Your Browser

eWoss Sports
eWoss Sports Home
NFL
NBA
NCAA Football
College Hoops
NHL
MLB

European News

GM's Opel move raises anger, new uncertainty

Wednesday, November 04, 2009 11:23:44 AM
By GEIR MOULSON

Germany's Economy Minister Rainer Bruederle arrives for the weekly cabinet meeting at the chancellery in Berlin, Germany, Wednesday, Nov. 4, 2009. Bruederle called Wednesday on General Motors Co. to present its restructuring plan for Opel as soon as possible and vowed to get back the euro1.5 billion  (US$ 2.2 billion) in bridge loans it granted the automaker. (AP Photo/Markus Schreiber)BERLIN (AP) - General Motors Co.'s decision to scrap the sale of European subisidiary Opel raised new uncertainty Wednesday over the unit's future, astonishing politicians in Germany and Russia and prompting workers to plan walkouts in protest.

The GM board's unexpected decision to call off the sale to auto parts maker Magna International Inc. and Russian lender Sberbank was a startling end to months of haggling in which Chancellor Angela Merkel and other German leaders had strongly backed the deal.

Now German workers worry GM will make even more cuts to return Opel to profit than Magna would have.


Would you like to read the rest of this article?

Register with us. It's free!

Registered users have complete access to all articles.

The registration process takes less than one minute to complete. Remember, there is absolutely no charge for this service.

So please sign up or sign in to enjoy unrestricted access to eWoss News.

Other European News

Romanians vote for president amid political crisis 12:24AM CT
Life requested for US suspect in Italy murder case Nov 21 2009 8:09PM CT
Swiss police: man attacked by bear in park Nov 21 2009 4:36PM CT
Pope and Anglican leader agree on closer relations Nov 21 2009 1:29PM CT
Italian police arrest 2 linked to Mumbai attacks Nov 21 2009 11:46AM CT
Azerbaijan threatens force over Nagorno-Karabakh Nov 21 2009 11:21AM CT
Germany to send trial observer to NY Nov 21 2009 8:06AM CT
Researcher: Faint writing seen on Shroud of Turin Nov 21 2009 12:24AM CT
Museum: Galileo's fingers, tooth are found Nov 20 2009 9:53PM CT
Floods devastate UK Lake District, much of Ireland Nov 20 2009 5:22PM CT

   

© 2009 eWoss.com. All trademarks are the property of their respective owners. All Rights Reserved.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.