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German Economy Minister Rainer Bruederle today criticized General Motors Co. following the abrupt departure of CEO Fritz Henderson and the company’s presentation of an incomplete restructuring plan for Opel and sister brand Vauxhall.

Tags: Abrupt Departure, Ceo, Company Presentation, Economy Minister, Fritz, Fritz Henderson, General Motors, General Motors Co., German Economy, Germany, Gm, Leadership, Opel, Rainer, Rainer Bruederle, Restructuring, Sister Brand, Vauxhall

German Economy Minister Rainer Bruederle today criticized General Motors Co. following the abrupt departure of CEO Fritz Henderson and the company’s presentation of an incomplete restructuring plan for Opel and sister brand Vauxhall.

Tags: Abrupt Departure, Ceo, Company Presentation, Economy Minister, Fritz, Fritz Henderson, General Motors, General Motors Co., German Economy, Germany, Gm, Leadership, Opel, Rainer, Rainer Bruederle, Restructuring, Sister Brand, Vauxhall

German Economy Minister Rainer Bruederle gave GM little hope that it will get state aid to restructure Opel. Bruederle said GM needs 3.3 billion euros ($4.9 billion) for its plans to fix Opel and will have to find the money on its own.

Tags: Economy Minister, EUR, Find Money, German Economy, Germany, Gm, Little Hope, Opel, Rainer, Rainer Bruederle, USD

German Economy Minister Rainer Bruederle gave GM little hope that it will get state aid to restructure Opel. Bruederle said GM needs 3.3 billion euros ($4.9 billion) for its plans to fix Opel and will have to find the money on its own.

Tags: Economy Minister, EUR, Find Money, German Economy, German Minister, Germany, Gm, Little Hope, Opel, Rainer, Rainer Bruederle, USD

GM will return the money it was loaned by Germany to help Opel, German Economy Minister Rainer Bruederle said today after the U.S. carmaker decided to keep its European unit.

Tags: Carmaker, Economy Minister, European Unit, German Economy, Germany, Germany Economy, Gm, Money, Opel, Rainer, Rainer Bruederle, United States

Economy Minister Karl-Theodor zu Guttenberg expressed confidence that Germany could address EU concerns about a sale of GM’s Opel to Canada’s Magna International Inc., saying they did not put the deal at risk.

Tags: Address, Confidence, Economy Minister, Germany, Gm, Gm Canada, Karl Theodor Zu Guttenberg, Magna International, Magna International Inc, Opel, Risk

Economy Minister Karl-Theodor zu Guttenberg expressed confidence on Saturday that Germany could address EU concerns about a sale of GM’s Opel to Canada’s Magna International Inc., saying they did not put the deal at risk.

Tags: Address, Canada, Commission of European Communities, Confidence, Economy Minister, Germany, Gm, Gm Canada, Karl Theodor Zu Guttenberg, Karl-Theodor, Magna, Magna International, Magna International Inc, Opel, Risk

German Economy Minister Karl-Theodor zu Guttenberg said on Monday he hoped the board of General Motors Co. would make a clear decision on the future of its European unit Opel when it meets on Tuesday.

Tags: Economy Minister, General Motors, General Motors Co., German Economy, Germany, Gm, Karl Theodor Zu Guttenberg, Karl-Theodor, Opel

German Economy Minister Karl-Theodor zu Guttenberg said today the government expected the board of General Motors Co. to make a “fundamental decision” on the future of Opel next week.

Tags: Economy Minister, Fundamental Decision, General Motors, General Motors Co., German Economy, Germany, Gm, Karl Theodor Zu Guttenberg, Karl-Theodor, Opel

German Economy Minister Karl-Theodor zu Guttenberg said it was “hardly realistic” for General Motors Co. to hold onto Opel.

Tags: Economy Minister, General Motors, General Motors Co., German Economy, Germany, Gm, Karl Theodor Zu Guttenberg, Karl-Theodor, Opel

German Economy Minister Karl-Theodor zu Guttenberg said it was “hardly realistic” for General Motors Co. to hold onto Opel as the U.S. automaker reconsiders its plan to shed the unit.

Tags: Automaker, Economy Minister, General Motors, German Economy, German Official, Gm, Karl Theodor Zu Guttenberg, Opel

German Economy Minister Karl-Theodor zu Guttenberg said it was “hardly realistic” for General Motors Co. to hold onto Opel as the U.S. automaker reconsiders its plan to shed the unit.

Tags: Automaker, Economy Minister, General Motors, General Motors Co., German Economy, German Official, Germany, Gm, Karl Theodor Zu Guttenberg, Karl-Theodor, Opel, Shed, United States

Germany is still talking to potential investors in carmaker Opel which have not been made public, German Economy Minister Karl-Theodor zu Guttenberg said today. Since reaching a preliminary agreement with Canada’s Magna International Inc.

Tags: Canada, Canada's Magna International Inc, Carmaker, Economy Minister, German Economy, Germany, Investors, Karl Theodor Zu Guttenberg, Karl-Theodor, Magna, Magna International, Magna International Inc, Opel, Preliminary Agreement

Fiat S.p.A. has improved its bid for General Motors’ Opel unit and said other bidders may be willing to sweeten their offers as well, German Economy Minister Karl-Theodor zu Guttenberg said.

Tags: Bid, Bidders, Economy Minister, Fiat, Fiat S.p.A., General Motors, General Motors Opel, German Economy, German Official, Germany, Gm, Karl Theodor Zu Guttenberg, Karl-Theodor, Opel

Germany may send a negotiation team to the United States at the end of the week to discuss solutions for General Motors unit Opel, Economy Minister Karl-Theodor zu Guttenberg said on Monday.

Tags: Economy Minister, General Motors, Germany, Gm, Karl Theodor Zu Guttenberg, Karl-Theodor, Negotiation Team, Opel, United States

Germany may send a negotiation team to the United States at the end of the week to discuss solutions for General Motors unit Opel, Economy Minister Karl-Theodor zu Guttenberg said on Monday.

Tags: Economy Minister, Fate, General Motors, Germany, Gm, Karl Theodor Zu Guttenberg, Karl-Theodor, Negotiation Team, Opel, United States

Fiat S.p.A. plans to take control of General Motors Europe without absorbing new debt, German Economy Minister Karl-Theodor zu Guttenberg said today, following talks with Fiat CEO Sergio Marchionne.

Tags: Ceo, Control, Economy Minister, Fiat, Fiat S.p.A., General Motors, General Motors Europe, German Economy, Germany, Gm, Gm Europe, Karl Theodor Zu Guttenberg, Karl-Theodor, Motors Europe, New Economy, Sergio Marchionne

German carmaker Opel and its U.S. parent General Motors have, to the knowledge of the German government, sufficient financing to see them through into April, a junior economy minister said today.

Tags: April, Economy Minister, General Motors, German Carmaker, German government, German Official, Gm, Government Financing, Knowledge, Opel, United States

German Economy Minister Karl-Theodor zu Guttenberg said late on Monday that General Motors appears willing to help Europeans in saving GM’s Opel unit. Guttenberg spoke with reporters after talks with GM CEO Rick Wagoner in Washington D.C.

Tags: Ceo, Economy Minister, Europeans, General Motors, German Economy, Germany, Gm, Karl Theodor Zu Guttenberg, Opel, Rick Wagoner, Washington D C

German Economy Minister Karl-Theodor zu Guttenberg said today he hoped General Motors and the U.S. government would help answer remaining questions on a plan to save German unit Opel. Shortly before leaving Germany for talks with GM and U.S.

Tags: Economy Minister, General Motors, German Economy, German Unit, Germany, Gm, Karl Theodor Zu Guttenberg, Karl-Theodor, Opel, U.S. government, United States

German Economy Minister Karl-Theodor zu Guttenberg said today he hoped General Motors and the U.S. government would help answer remaining questions on a plan to save German unit Opel. Shortly before leaving Germany for talks with GM and U.S.

Tags: Economy Minister, General Motors, German Economy, German Unit, Germany, Gm, Karl Theodor Zu Guttenberg, Karl-Theodor, Opel, U.S. government, United States

German Economy Minister Karl-Theodor zu Guttenberg said today he will not be pressured into making a quick decision on granting state aid to General Motors’ Opel unit.

Tags: Economy Minister, General Motors, General Motors Opel, German Economy, Germany, Karl Theodor Zu Guttenberg, Karl-Theodor, Swift Decision