GM has decided to keep its European operations, Opel and Vauxhall. Now, it has to figure out how to pay for them. Opel owes the German government over $1.3 billion ... Read Full Story »
The German government went to a great deal of trouble to finance a bid for Canadian parts firm Magna (NYSE:MGA) and a Russian financial group to buy GM's Opel and ... Read Full Story »
The German government got in trouble with EU regulators because it only offered $6.7 billion in aid to one of the bidders for GM's Opel unit. That bidder was Canadian car ... Read Full Story »
When GM"s board was mulling its options for its European operation including Opel, there were rumors that it might simply choose to keep the company and ride out the car ... Read Full Story »
According to Reuters, concerns about the global economy are growing as the G20 nations are meeting.Reuters says that Congress challenged banks on how they would use bailout funds.Reuters reports that ... Read Full Story »