General Motors Co. has its work cut out for it if it wants to get the support of the Germany government for Opel’s restructuring. CEO Fritz Henderson went to Opel’s headquarters last Monday to attempt to mend relations. Apparently, he wasn’t able to give a good answer to demands from German unions and political leaders for greater economy from Detroit’s headquarters.
Henderson was only able to give vague assurances that Detroit would give its European carmaker more freedom. Henderson didn’t show much enthusiasm in marketing Opels outside Europe or of elevating the unit’s status from a limited liability company to an incorporated stock company as proof that the carmaker would gain a greater measure of self-determination.
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