Opel dealers to buy stake in brands
Opel and Vauxhall dealers will buy a minority stake in the General Motors-owned Opel.
Each dealer would pay 150 euros into the fund from profits on each Opel’s car they sell over the next 3 years in return for a stake in a Opel company.
GM Europe is asking European governments for help to finance a 3.3 billion euro cash shortfall. The OPel has said it is open to discussions on partnerships or equity positions.
Opel’s dealers have 125,000 employees and they are responsible entrepreneurs who want to preserve these jobs as well as their investments.
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