Nov 18th, 2008 · Executives from General Motor's European unit, Opel, met Monday with German Chancellor Angela Merkel. They want more than $1 billion in loan guarantees from the German government. Opel is seeking the guarantees because the company expects difficult credit conditions on the open market due to the world financial crisis.
Keywords: European · world · executives · financial · company · crisis · GM · guaranteed · German · Opel · General Motor
Oct 17th, 2008 · The global financial crisis is ratcheting up fears of recession. Germany's "rust belt" has been hit hard by the economic slowdown. In Bochum, the largest employer is the European car company Opel which is owned by General Motors. Autoworkers there expect the situation to get worse.
Keywords: European · financial · economic · global · company · crisis · Germany · ratcheted · General Motors · German · autoworkers · Bochum
