Frbiz.com reports Opel sales program may violate European Union antitrust laws.

As the GM Opel cars in the special status of the sale of Opel restructuring plan has been the more general concern a part. A few days ago, sources said GM plans to sell a specific operation Opel, the German Government to provide assistance to some of them might violate EU antitrust rules, so that GM would have to reconsider the sale on the Opel program, or even likely to continue to to retain a controlling stake in Opel.


In this regard, the German government responded that the government can provide assistance to any one Opel buyers, not just the Canadian auto parts manufacturer Magna.

General Motors Corp. followed by the relevant person in charge, said GM's board of directors will be November 3 will be a regular meeting to discuss the possibility of Opel sold to Magna. Opel in Germany is responsible for monitoring the Trust was quoted as saying, General Motors, there is no reason to re-sell Opel. "We're not expected to start from scratch."

Industry analysts say General Motors Corporation and Magna for sale between the related issue of Opel, to a certain extent, reflect the wishes of the Government of Germany. The official view that, in general be able to withstand the pressure of domestic trade unions under the premise that if a company can make better than the Magna or parallel with the acquisition of the conditions, I believe that General Motors will not be sold to Magna Opel .

For the General Motors company, rather than the Opel sold to a number of companies with the industry's business parts manufacturers (Magna), cultivate a potential competitor, it may be more willing to sell Opel Brussels investment company RHJInternational - one would like to take a speculative Opel doing business investors. This general at least a better chance in the future Opel repurchase, and not worry about technology leakage.

Industry insiders believe, in fact, no matter which company would like to buy Opel, need to be supported by the German government. The German government more clearly stood in the Magna side.

In accordance with the conditions proposed by the parties bidding, Opel Magna if other than the acquisition, or by General Motors to continue holding, the Opel plants in Germany are likely to face the danger of closure, the workers inevitably unemployment, This is the German government does not want to see. So, while GM's Opel ultimately determines whether to sell or to whom to sell the Opel, but in fact, the German government's willingness in this acquisition has played a role can not be ignored.



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