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GM exec expects Germany to contribute Opel aid

Posted By 19idsr on Dec 06, 2009   FROM: indiagoogler.blogspot.com report abuse

GM exec expects Germany to contribute Opel aid

FRANKFURT (Reuters) – General Motors will not cut more jobs at Opel in Germany if the German government refuses to give state aid although the U.S. carmaker said it remains confident Berlin will soften its current stance.
"I am very optimistic that all our countries will come forward with some sort of assistance," the new head of GM Europe, Nick Reilly, said on Saturday.
Speaking to reporters during a conference call, Reilly said a refusal by Berlin was more hypothetical than anything, but even in this unlikely case it would not mean the 25,000 German staff at Opel would suffer as a result.
"It won't make any difference to our restructuring plan, so it will not lead to ....

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