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wildcat

Opel "weeks away" from collapse

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Opel urgently needs money to prevent a cash crisis that could result in the total failure of its operations. The time frame is weeks. The cash-starved General Motors brand has appealed to governments in European nations where it has operations to supply emergency funding to bridge a €3.3 billion liquidity shortage. German Economy Minister Karl-Theodor zu Guttenberg said today he will not be pressured into making a quick decision on granting state aid to struggling Opel.

http://www.worldcarfans.com/9090302.005/op...y-from-collapse

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If you have a source you should post the link, please.

:deathwatch:

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Cool, thanks. I added the link to the initial post.

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You're welcome.

This type of morbid announcement is getting more commonplace.

The various Governments and Corporations are into some heavy-duty brinkmanship-playing.

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Yea - It is a big lie that GME's revenue was down 40% and production was down 50% in the last quarter.

Must be a big lie that GME lost a cool $1 billion dollars.

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German Economy Minister Karl-Theodor zu Guttenberg

Now there's a proper name for a Minister. Aristocratic, it imposes respect and reverence! :P

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Now there's a proper name for a Minister. Aristocratic, it imposes respect and reverence! :P

I prefer good ol' Börger ... :P

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Nah, too reminiscent of a sandwich.
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Yea - It is a big lie that GME's revenue was down 40% and production was down 50% in the last quarter.

Must be a big lie that GME lost a cool $1 billion dollars.

:pokeowned:

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I prefer good ol' Börger ... :P

Good ol' der Booger is more like it.

Nah, too reminiscent of a sandwich.

What kind of roll? :globe:

Edited by FloydHendershot
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Good ol' der Booger is more like it.

What kind of roll? :globe:

A Kaiser of course ... :AH-HA_wink: :AH-HA_wink:

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