STATEMENT FROM ADAM OPEL GMBH REGARDING TALKS WITH THE GERMAN CHANCELLERY
Posted 18th November, 2008 in Opel | 5 Comments
Opel thanks German Chancellor Angela Merkel (CDU), Economics Minister Michael Glos (CSU) and Finance Minister Peer Steinbrück (SPD) for the opportunity to meet in the Federal Chancellery today and to talk about possible government guarantees. The talks were conducted in a very constructive and open atmosphere. The representatives of Adam Opel GmbH are therefore reassured that their request was listened to seriously and will be so considered.
Carl-Peter Forster, Supervisory Board President of Adam Opel GmbH and President of General Motors Europe underscores once again the special situation of Opel as a subsidiary of General Motors. “Opel does not have a short-term liquidity problem,” Forster says. Instead, the talks were required in the worst-case scenario that financial flows from the US no longer would be possible. It would then be necessary to secure the competitiveness of Opel. In this case, a government guarantee could be a solution. “We are not talking about subsidies, rather a protective umbrella of available liquidity in the worst case,” Forster says.
The Opel management, Forster says, feels duty bound to work toward the goal of securing the future of this traditional brand. This is particularly important for the future of great automobiles: On the very day of the chancellery talks, the new Opel Insignia was awarded “Car of the Year 2009” by expert motoring journalists.
Participants in the talks for Opel were Carl Peter Forster, Supervisory Board President of Adam Opel GmbH and President of General Motors Europe; Hans Demant, Opel Managing Director and Klaus Franz, head of Opel Works Council.
[Source: Opel]
1. 20th November, 2008 at 23:34 by tom lezak
IS OPEL considered an American car not German!!!!!!!!!!
2. 21st November, 2008 at 09:34 by Sam Harris
You’re wrong about Opel, but that’s OK. It’s part of General Motors though.
First line of Wikipedia:
“Adam Opel GmbH (commonly known as Opel) is a German automaker”
3. 21st November, 2008 at 22:51 by tom lezak
Then why is OPEL called the least German manafacturer!!!!!!
4. 21st November, 2008 at 23:01 by Sam Harris
It’s common knowledge that Opel is German. Have a look around the blog in the Opel section. No American cars there.
And when you’re trying to correct someone – it’s MANUFACTURER
5. 21st November, 2008 at 23:35 by Lee Dodson
See how it’s called ‘Adam Opel GmbH’? The title answers your question. Here’s the dictionary definition.
GmbH – Gesellschaft mit Beschränkter Haftung (German: limited liability company; business entity)