GM’s Opel/Vauxhall division has announced plans to withdraw all applications for government loan guarantees across Europe and will instead meet all restructuring funding requirements internally. Just a few days ago, Germany turned down the company’s request for loan guarantees of more than €1bn (US$1.19bn). The total amount requested from all European Subscribe to Automotive World … Continued
GM’s Opel/Vauxhall division has announced plans to withdraw all applications for government loan guarantees across Europe and will instead meet all restructuring funding requirements internally. Just a few days ago, Germany turned down the company’s request for loan guarantees of more than €1bn (US$1.19bn).
The total amount requested from all European
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https://www.automotiveworld.com/articles/82508-germany-opel-withdraws-all-loan-requests/
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