Germany

GM’s Much-Needed Opel Restructuring Tries Too Hard, Does Too Little

GM has an enormous problem in Europe.  Namely, GM Europe is losing money, has been losing money, and will continue to lose money for years.  Over the past three years since GM...

Good News and Bad News for Speed Lovers

By Chris Haak According to a report over at The Detroit Bureau, Texas lawmakers are considering raising that state's maximum speed limit to 85 miles per hour (137 km/h) on the...

Opel Withdraws State Aid Requests; GM Will Finance Restructuring Itself

By Chris Haak Less than a week after the German government declined to provide the state aid that Opel requested to partially fund its restructuring, GM's European arm has...

Germany Declines to Give Opel State Aid

By Chris Haak GM's troubled European subsidiary, Opel, requested €1.1 billion ($1.3 billion USD) in state aid to help fund its expensive €3.6 billion restructuring program....