GM Says Opel Brand Is Not For Sale


Salon Staff
January 11, 2012 8:18AM (UTC)

DETROIT (AP) — General Motors Co. Vice Chairman Steve Girsky says the company will not sell Opel, its struggling European brand.

Girsky said after a speech in Detroit on Tuesday that GM will keep Opel and is developing plans to fix it.

Earlier Tuesday Fiat and Chrysler CEO Sergio Marchionne (MAR-key-oh-nee) told reporters that he wouldn't close the door on potential partners when asked if he's interested in Opel.

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But Girsky says he spoke to Marchionne on Sunday and the topic of selling Opel was not mentioned.

GM's European operations lost $292 million before taxes in the third quarter.


Salon Staff

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