GM Europe's Forster: Opel To Present Strategy Concept Monday
February 27 2009 - 10:15AM
Dow Jones News
General Motors Corp.'s (GM) European division Friday said it
will present a plan Monday on how to save the company.
GM Europe President Carl-Peter Forster told reporters at the
Opel brand's headquarters in Ruesselsheim near Frankfurt that the
company needs EUR3.3 billion in capital.
The head of Opel's works council, Klaus Franz, said Opel may
change its corporate structure, but aims to remain part of the GM
network in Europe.
Company Web site: www.gm.com
-By Christoph Rauwald, Dow Jones Newswires; +49 69 29 725 512;
christoph.rauwald@dowjones.com