Ford lambasts bail-out for Opel-Vauxhall

Ford Motor hit out against a government bail-out of Opel-Vauxhall on the 15 April 2010, amid signs that the German government was cooling towards aiding the carmaker, the European arm of General Motors.

The US carmaker said that the provision of soft government loans for 'national champion' carmakers was holding back needed restructuring in the European car industry.

ESO: Background information: GM resists Berlin pressure over Opel / GM set to triple Opel rejig funding http://www.europeansources.info/record/gm-resists-berlin-pressure-over-opel-gm-set-to-triple-opel-rejig-funding/

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