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 executive for a resurgent, independent Opel is none other than Bernd Pischetsrieder.
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 could remain in place and at its disposal to continue funding operations, including the payment of salaries, even if The General in Detroit goes belly-up.