Opel jobs still insecure

It now seems unlikely that US company General Motors (GM) will sell German carmaker Opel. This means that the future of Opel jobs in Germany remains uncertain, writes the left-liberal daily Süddeutsche Zeitung: "No one can blame Opel employees for being angry. The parent company General Motors has concluded its insolvency proceedings, yet the future of jobs at Opel is more uncertain than ever. Or in other words: Opel employees are now facing the prospect that the sale of the company to Canadian-Austrian car parts supplier Magna and its Russian partner won't go through. Opel will probably remain exactly what it is: a big GM subsidiary. At least that's what the most recent reports in the US media say, according to which GM plans to invest a billion euros of its own money in Opel and go begging for another billion in London, Madrid and Warsaw. All this is yet to be confirmed, but similar rumours from the US have mostly turned out to be true in recent times."

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