Germany: GM triples Opel investment

General Motors has agreed to provide €1.9bn (US$2.6bn) in funding to the Opel/Vauxhall business, more than triple its original €600m offering. The funds will come in the form of both equity and loans. Opel has estimated that it will need €3.3bn to fund its viability programme, with an additional €415m to Subscribe to Automotive World … Continued

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• March 2, 2010