Posts tagged ‘cars’
Boring ‘Very British’-Festival
Here’s my report on the ‘Very British’-Festival at the Rhein Ruhr Zentrum shopping mall in Mülheim an der Ruhr. I had announced it here. It was only okay and not really worth going there. The trick worked – we did shopping 
General Motors Restructuring Plan: Opel, Bochum
Looking at the regional newspapers, listening to local radio stations, reading blogs and watching news, there is an important topic today: “General Motors” is finanlizing its restructuring program wich has to be delivered to the US Treasury by the end of Tuesday. At first look, this sound like a pure US topic. It isn’t because General Motors needs to save money and to show how it will use the money it receives from the US government to keep jobs – jobs in the USA, not in Europe. Therefore, experts and due to media reports insiders expect that General Motos will close or sell some factories in Europe. Publicly discussed, German states are thinking about bailing out Opel. After 80 years it would become a German company again.
After the restructuring program will be public, I want to watch the reactions of the US and the European public, reactions in regard on the program and the reaction of the US government. The first minister of North Rhine-Westfalia is already in the USA.
The restructuring programm is expected to be presented to the public at 6 p.m. EST. This would around midnight.
Recent Comments