German chancellor says that Magna must buy Opel

Throwing her full support to Magna International’s bid for Opel/Vauxhall, German chancellor Angela Merkel said that if necessary, she will intervene personally to make it win the deal. In an interview on RTL television, Merkel said that the German government is in constant talks with Magna. Rival RHJ International is preferred by General Motors due to a proposal that’s been described as easier to implement and will not have any issues with intellectual property rights.
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tango - 8/13/2009 10:46:23 AM

+1 Boost

I can hear cries of foul and see picket lines at the steps of the WTO head office.

rxh8me9000 - 8/13/2009 1:48:56 PM

+1 Boost

Not really fair,but if it helps job losses etc,it sounds like the right thing to do.

AutoKnowledgeBank - 8/13/2009 9:42:41 PM

+1 Boost

Sounds good! Hopefully if Magna gets Opel, they bring them to Canada. Thy look like nice cars.