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The Detroit News reports that Stephen Grisky has been named the Chairman of the Supervisory Board of Adam Opel AG. Girsky previously served as a vice Chairman with General Motors and replaces Nick Reilly at Opel effective immediately.

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2011 Opel Ampera – Click above for high-res image gallery

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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 as saying. "Frankly, GM needs the money it has got."

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General Motors isn't finished with Opel, but the German government would apparently like to be finished with General Motors. Michael Fuchs, a senior member in Angela Merkel's ruling CDU party, has reportedly declared "The discussion ... about financial aid for Opel must be ended once and for all."

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Interim Opel CEO Nick Reilly has been overseeing the German firm for all of six weeks. And over that scant month and a half, he's conjured the way forward for Opel and Vauxhall and seems determined to leave nothing undone. Chatting with Auto Motor und Sport, Reilly intends to give Opel a little SUV on the Corsa platform, an Opel version of the Mini, a continuation of the Agila and an all-new electric car.

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General Motors has declared that Opel needs a minicar, a tiny little thing that can compete with runabouts like the Ford Ka and Peugeot 107. That's a fine sentiment here at the starting line, but to get to the finish, GM will need to keep Opel running smoothly, get its Spark firing quickly (if indeed it aims to use that as an Opel), and lure some eyeballs away from the two dozen minicars currently in the segment and the ones on the way from the likes of Volkswagen and Toyota.

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General Motors has declared that Opel needs a minicar, a tiny little thing that can compete with runabouts like the Ford Ka and Peugeot 107. That's a fine sentiment here at the starting line, but to get to the finish GM will need to keep Opel running smoothly, get its Spark firing quickly (if indeed it aims to use that as an Opel), and lure some eyeballs away from the two dozen minicars currently in the segment and the ones on the way from the likes of Volkswagen and Toyota.

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It's been one heck of a week for Opel. After months of negotiations between Magna and its partners on the one hand and General Motors on the other, the American parent company opted to hold on to its European subsidiary. In the wake of the decision, Opel's chief executive Carl-Peter Forster jumped ship, leaving the company's future hanging in the balance as he looked to move on to greener pastures.

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