GM decision dumbfounds Germans

Outcry in Germany? Why?

The "Magna plan" that Opel have had till now was the PROTECTIONISM per definition, being said and claimed even by European Commissioner for Competition Neelie Kroes, and she was just about to coordinate action against the German Government.

Adventively after Magna would buy Opel from GM, German Government promised then that they would invest EUR Billion 4(or 5) in Opel, saving primarily German factories and jobs, but abandoning factories in Belgium and Britain?!
As well it emerged just today that Magna and its sponsor Russian bank were not even liquid enough for this takeover which rises the doubt that it was just some tricky deal with hidden money by the German Government behind. We'll see...it may be major scandal coming out.

Good anyhow "Magna deal" is not gonna happen now. Let the German factories share the same destiny as Belgium and British and if necessary go down equally.

Is it the German and their Government concept of free market economy?
Anyhow....all is good...as long as they are not in the position to take on arms again.

The right slap at the right place!

Good anyhow "Magna deal" is not gonna happen now. Let the German factories share the same destiny as Belgium and British and if necessary go down equally.

Is it the German and their Government concept of free market economy?
Anyhow....all is good...as long as they are not in the position to take on arms again.
(dean van der serbia, 5 November 2009 18:04)

I fully agree with you. I am glad that occasionally we both agree.

I did buy a brand new Chevy Lumina in 1995 and I did inherit an Opel Astra with 1200 km in 2007.

With both cars I was the happiest when I sold them.

Nothing what has "GM" (be it US or European model) written on it does appeal to us.

Unlike Honda or Toyota. Nissan, Mazda and Kia have some interesting models, too. I kept also my older Audi A6, it's a US model which is slower than some European A^-es, but seats seven people, not five.

After 12 years of ownership the A6 looks and drives better, than Chevy Lumina I sold not even after 2 years. The price? Chevy was $18K (the version with larger engine). Audi wagon was $35K (took me a week to negotiate the price down from $45K). The difference between Chevy and A6 wagon is at least $70K ;-)

And for sure, I never would get the foolish idea to load that piece of junk (Chevrolet Lumina) on the freighter and ship it to Europe... after 12 years of ownership. Probably impossible, too: it would fall apart to that time.

Outcry in Germany? Why?

The "Magna plan" that Opel have had till now was the PROTECTIONISM per definition, being said and claimed even by European Commissioner for Competition Neelie Kroes, and she was just about to coordinate action against the German Government.

Adventively after Magna would buy Opel from GM, German Government promised then that they would invest EUR Billion 4(or 5) in Opel, saving primarily German factories and jobs, but abandoning factories in Belgium and Britain?!
As well it emerged just today that Magna and its sponsor Russian bank were not even liquid enough for this takeover which rises the doubt that it was just some tricky deal with hidden money by the German Government behind. We'll see...it may be major scandal coming out.

Good anyhow "Magna deal" is not gonna happen now. Let the German factories share the same destiny as Belgium and British and if necessary go down equally.

Is it the German and their Government concept of free market economy?
Anyhow....all is good...as long as they are not in the position to take on arms again.

Good anyhow "Magna deal" is not gonna happen now. Let the German factories share the same destiny as Belgium and British and if necessary go down equally.

Is it the German and their Government concept of free market economy?
Anyhow....all is good...as long as they are not in the position to take on arms again.
(dean van der serbia, 5 November 2009 18:04)

I fully agree with you. I am glad that occasionally we both agree.

The right slap at the right place!

I did buy a brand new Chevy Lumina in 1995 and I did inherit an Opel Astra with 1200 km in 2007.

With both cars I was the happiest when I sold them.

Nothing what has "GM" (be it US or European model) written on it does appeal to us.

Unlike Honda or Toyota. Nissan, Mazda and Kia have some interesting models, too. I kept also my older Audi A6, it's a US model which is slower than some European A^-es, but seats seven people, not five.

After 12 years of ownership the A6 looks and drives better, than Chevy Lumina I sold not even after 2 years. The price? Chevy was $18K (the version with larger engine). Audi wagon was $35K (took me a week to negotiate the price down from $45K). The difference between Chevy and A6 wagon is at least $70K ;-)

And for sure, I never would get the foolish idea to load that piece of junk (Chevrolet Lumina) on the freighter and ship it to Europe... after 12 years of ownership. Probably impossible, too: it would fall apart to that time.