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Opel options include GM keeping it

Opel options include GM keeping it

A person familiar with General Motors' talks on Opel said GM's board of directors is reviewing four outcomes as it debates the future of its German-based unit, including the possibility of keeping Opel or letting it slide into bankruptcy protection.
The 13-member board, meeting in Detroit Wednesday, is also discussing whether it should accept bids from a consortium of Magna International Inc. and Russia's Sberbank or a competing offer from RHJ International, a Brussels-based investment house, the person told The Associated Press.
A recommendation, which would have to be approved by the trust overseeing Opel, could come later tonight with a formal announcement Thursday.


Updated : 2021-10-20 09:28 GMT+08:00