General Motors Of Germany Is Now In Russia's Hands!

May 30-2009:

General Motors Of Germany Is Now In Russia's Hands!

YES, GM's historic OPEL car manufacturing plant in Germany was in dire financial straits recently, and had to seek investors to save it from bankruptcy.

So the Russian Govt., bought shares of 35%, and a Russian Car Manufacturing company bought 30%, GM in Germany bought 25% shares, and the employees therein bought 10%.

So Russia now has the majority shares in the new (GM/OPEL car manufacturing company based in Germany).

This new acquisition will allow Russia to acquire all the blue prints, designs, and other manufacturing secrets that the GM (OPEL) company had for over it's 100 years history of car manufacturing. This will allow Russia to manufacture cars that are of better
quality as those in the USA, Japan, Europe, and worldwide.

Could GM In The USA Survive Their Current Plight?

GM is still to satisfy the feasibility test to qualify as a viable company. And so far, it seems they may not be able to make the cut.

It was rumored that the FIAT company of Italy seemed to be interested in merging with GM.

But that rumor seem to have died as fast as it got started.

Derryck.
NYC.