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German states open to helping GM's Opel
Posted: 02.19.2009 at 4:09 PM
0

BERLIN (AP) -- German leaders say they are willing to help keep General Motors's Opel factories open.

But they insisted Thursday that the automaker's European unit outline a long-term strategy that includes job security for workers in the country.

GM Europe said Wednesday it was prepared to discuss possible partnerships or outside investment for Opel if that helps secure the long-term success of its business.

GM Europe officials met with the German government in November to discuss possible loan guarantees but no decision has been made.

Opel also builds cars in Belgium, Poland, Portugal and Britain. It is the third-most popular brand in Germany, behind Volkswagen and Mercedes-Benz.

(Copyright ©2009 by The Associated Press. All Rights Reserved.)

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