Opel pulls back all the claims on government assistance

Thursday, June 17th, 2010

FRANKFURT (Dow Jones) – Surprising turn in the case of Opel, the ailing car manufacturer and its parent company General Motors (GM) have withdrawn all applications for state guarantees in Europe. (Photo: Anders)

The financing of the billion-dollar future plan would now "internally controlled" so that a fast implementation is possible, according to a [...]

Brüderle: GM has applied for £ 1.5 billion state aid for Opel

Tuesday, February 9th, 2010

BERLIN (Dow Jones) – The U.S. car manufacturer General Motors (GM) has to redress its subsidiary Opel an application for State Aid about EUR 1.5 billion provided in the federal government. This was confirmed Economics Minister Rainer Brüderle (FDP) in Berlin on Tuesday. Overall, GM has the clean-up costs for the European [...]

Cooking requires more contribution to the GM Opel Renovation

Tuesday, February 9th, 2010

WIESBADEN (AFX) – Prime Minister of Hesse, Roland Koch (CDU) has acquired the Opel parent General Motors (GM), a higher Contribution to the restoration of the Rüsselsheim car manufacturer required. "We’ll today for GM Europe Opel concept presented Watch very closely, "said Koch on Tuesday in Wiesbaden. "For the consideration of the application for state [...]

Moody’s credit-Toyota considering downgrading to

Tuesday, February 9th, 2010

TOKYO (Dow Jones) – The latest product problems and Recalls at Toyota now jeopardize the rating of the Car manufacturer. The rating agency Moody’s downgraded the priority on Tuesday unsecured debts of Toyota Motor Corp. ( "Aa1") to Watch list for possible downgrading. In support of the agency pointed out that the [...]

Toyota Prius return calls possible worldwide

Tuesday, February 9th, 2010

Toyota Prius is possible to model global recall because of problems with the brakes. That says that the news agency Reuters quoted sources in Japan.
Toyota will not comment on the message, but says it will clear very quickly what happened to the Prius is about to happen. The expectation is that Toyota [...]

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