GM seeks £600m aid package for Vauxhall, union chief claims

Article reports that US car-maker General Motors is seeking €3.3bn from governments led by Germany to prop up its operations in Europe. In March 2009 it warned that its European arm could run out of cash by the second quarter of 2009 without state aid. Article reports on developments in Germany (Opel) and the United Kingdom (Vauxhall).

ESO: Background information: Europe angered at GM’s bail-out plan http://www.europeansources.info/record/europe-angered-at-gms-bail-out-plan/

BBC News, 31.3.09: Merkel offers state aid for Opel http://news.bbc.co.uk/1/hi/business/7974129.stm

Deutsche Welle, 31.3.09: Merkel Pledges to Defend Opel During GM Restructure http://www.dw-world.de/dw/article/0,,4142353,00.html

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