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
. 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 Magna International touted as possible buyers. The General's new CEO, Fritz Henderson, has stated that while the company could sell Opel and divest from the company entirely, it's also possible that, given Opel's integration into GM's
global operations, Detroit could hold on to majority interest in the German subsidiary while taking on additional minority stockholders.
The future of Vauxhall is emerging, however, as another question entirely. Previous reports placed the British subsidiary – the bulk of whose line-up are produced by Opel – in the same package as its German counterpart. And while Vauxhall could go to the same buyer as Opel, GM could apparently keep the British label under its own wing, citing the UK as one of its largest markets in Europe.
[Sources: The Detroit News
and Automotive News Europe
– subs. req'd]