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.
Emerging reports concerning the future of General Motors' European assets casts some new light on the role which the American automaker could take with Opel and Vauxhall. The ownership and investment in Adam Opel GmbH has been a topic of much discussion recently, with General Motors seeking local government support, considering letting Opel go independent, the involvement of outside investors, and possibly the sale of the entire operation to another automaker, with Fiat and contract manufacturer