[OPE] The tragedy of Opel

From: Jurriaan Bendien <adsl675281@tiscali.nl>
Date: Thu Nov 20 2008 - 12:31:00 EST

A day after executives at ailing German automaker Opel met with Chancellor Angela Merkel to discuss a multibillion-euro bailout, commentators in the German media are skeptical. Most think it would be better to let the carmaker collapse than to save it. As German politicians rush to outdo one another in their efforts to find a solution to the crisis facing automobile manufacturer Opel, editorial writers in German newspapers are finding a number of reasons to oppose government assistance for the Rüsselsheim-based General Motors subsidiary.

(According to the Reader's Digest Trusted Brands Survey, Opel has for years been the most trusted brand of car in the Netherlands, capturing 10% of the market).


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Received on Thu Nov 20 12:32:45 2008

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