Germany informed by GM about Opel decision
Germany informed by GM about Opel decision

Today, the German government was informed about a decision taken by General Motors Co. on the future of its Adam Opel GmbH unit.

Juergen Reinholz, the economy minister of Thuringia state, specified today, "The information we have received is that GM has made a decision, but they want to inform the Chancellery and the Economy Ministry first," while adding that he is not aware as to what decision has GM taken.

Reinholz said: "GM chief negotiator John F. Smith is heading to Berlin and a news conference may take place in the German capital at 2:30 p. m. local time, after he briefs Chancellor Angela Merkel's government and representatives of the four German states with Opel plants."

Merkel, who has been endeavoring to save Opel jobs before Germany's Sept. 27 election, has maintained over the time that she is in favor of a bid by Magna International Inc, the Canadian car parts maker. Part of financing will be supplied by OAO Sberbank.

Opel plant at Eisenach in Thuringia, a former East German region, has about 1,800 workers. Effects on GM plants in Spain, Belgium, Poland and the U. K., where GM sells cars under the Vauxhall brand, will definitely be seen by the decision taken on Opel.

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