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    Report: GM, Opel agree to restructuring, clearing the way for German loans
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    To the German government authorities who think General Motors is financially sound enough to pay for Opel's restructuring without loan-guarantee assistance, Opel CEO Nick Reilly says that's not the case. "You need to remember that GM is first of all founded by U.S. taxpayers," Reilly was quoted ...

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    REPORT: Germany wants GM's plan for Opel - and a billion dollars - "quickly"
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    General Motors' bouleversement on the sale of its Opel brand has caused the European head of Opel vacate his office, the head of Opel labor to gulp "a bottle of wine" to get over the shock, the German head of state to request "GM to present a reliable plan for Opel quickly," and Germany's ...

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    Opel sale on hold, GM asked to have a word with EU Commission
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    The EU's Directorate-General for Competition (EUDGC) is looking at the Opel deal that should have been concluded already, and is asking questions of Germany and GM. Principally it is trying to resolve the issue of state aid; it was reported before that if Opel was purchased by Magna then the ...

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    German economics minister reportedly says no to Opel buy-back option for GM
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    One of the many clauses that General Motors is reportedly trying negotiate into any deal involving majority control of Opel is the option to eventually buy back the stake it is selling. As the theory goes, GM isn't selling Opel because it feels like it doesn't add value – Opel in fact offers ...

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    Spy Shots: Opel Insignia OPC Sports Tourer caught naked
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    Opel's Insignia OPC is one of those "available elsewhere" cars that's got us licking our chops. The Insignia is headed to North America as a Buick, and enthusiasts everywhere hope the hotshot OPC version gets widely propagated. What's not likely to make any trans-Atlantic journeys is a wagon ...

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    Former BMW, VW boss Pischetsrieder reportedly touted as possible Opel chief
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    If Opel makes it out of the General Motors era alive, its dealers want a bigger say in its recovery as an independent automaker. And by a bigger say, they mean taking a 20% stake in the company – and along with it, a new CEO. One of the candidates being touted as a potential new chief ...

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    REPORT: Opel could carry on if GM files for bankruptcy
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    While several General Motors divisions and assets could face the axe if the troubled auto giant were to declare bankruptcy (or even if they don't), Opel would not necessarily be one of them, according to emerging financial reports from Europe. The German division has access to its own funds, which ...

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