GM preserves Opel and cancels the dealing with Great

Many people will be able to remember a big quantity of news that were prepared and published in the means in Internet to show him to the entire world the future deal that GM would realize to sell the well-known Opel mark to a so called consortium like Great, nevertheless for diverse situations we come on November 3 of the present year 2009 with the new order to cancel everything worked previously for the sale earlier mentioned, since it seems that with good results during the year finally they have decided for preserving his exemption and keeping on producing cars with this recognized name.

Without a doubt that it is a somewhat strange change with regard to everything what we saw several months ago, nevertheless the director of the company decided to end with the sale process to support this mark inside his absolute control and this way to be able to keep on making these cars. In accordance with the specifications that there has given the spokesman of the American company, the changes that there has had the market and the good results obtained by the company spent the latter months, they allow really to be able to take the decision to cancel the sales process and to preserve the mark to give him a new redesign and this way to compete of good form with the market in the one that we are.

Although it is true we have mentioned in the previous paragraph that there will be a restructuring of the mark of Opel, the true thing is that this procedure would have an approximate cost of approximately 3 trillion euros, what would be an equivalent to 4.4 trillion dollars, and would have considered to raise a new strategy for the German division and that of other governments trying with it to favor of good form to this industry and also to the company opposite to a competitive market that it has passed enlarged to the modernization for what it comes in 2010.

In spite of everything, the president of GM and CEO of the company, Fritz Henderson, has pointed out that what has been seen during the last months is going to think to us that really we are in a process in which the European cars market has managed to become stable of good form after having crossed an extremely serious crisis, and that delivers true hopes of a successful restructuring on the part of the marks that are a part of GM, what makes us think really that it is not the best strategy to sell Opel, therefore we have decided to support it and thank from any form to all the work that the German government has realized and to the rest of the countries that shape the European Union.

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