GM swings the axe: 9,000 Opel jobs likely to be eliminated
Opel/Vauxhall CEO Nick Reilly wins the Unintentionally Hilarious Quote of the Day award for this line: "We have also said that GM can and will put some money in, as well." What a novel concept. Digressing for a moment: Given that GM is out shaking the coffee can looking for ways to fund the Opel restructuring, it's hard to imagine a scenario where they find a way to save Saab, too. Getting the Opel business in order hardly sounds like it's going to be a picnic, so a rescue of the ailing Swedish automaker has got to be low on the priority list right now.
[Source: The Detroit News | Image Source: Thomas Lohnes/Getty]
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