lundi 6 avril 2009

GM bankruptcy would not affect the European branch
General Motors Corp. said the U.S. if it went bankrupt according to law, it would not be a threat to the European branch (the Opel), in the course of its production and sales in Europe. The GM companies and private investments, sovereign wealth funds were willing to buy the European branch of the company. Are reported on the willingness of the Government of Abu Dhabi, owns a share of the Opel. The president of GM Europe Carl-Peter Forster in an interview for fear that the process of the bankruptcy of General Motors in the United States to create confusion among potential buyers in Europe, Opel. He emphasized that there are interested in participating in the founding of the company is likely to merge the activities of General Motors in Europe under one roof, away from the U.S. parent company. Need GM Europe to an outside investor to move forward with its plan for restructuring, but so far have not shown any interest in public Boobl party. GM faces a mother Terpat on the throne as long as the automobile industry in the world with the bankruptcy restructuring under the auspices of the U.S. government if it failed to reduce its debt significantly in the next two months. The White House announced late last month, GM's failure to achieve the specific objectives of the restructuring, which has pledged to implement in order to obtain more support from the funds under the government's rescue plan. Which prompted the company to dismiss its president, Rick Wagoner at the request of U.S. President Barack Obama, and the appointment of Fritz Henderson as its new Chairman. Henderson said that the company was appointed after a threatened bankruptcy, bankruptcy, saying that the government under the auspices of the least danger of resorting to the traditional ten chapter atheist, although such is not the best way preferred by the company.

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