Unrest after GM scraps Opel sale
Updated on 04 November 2009
General Motors's decision to scrap the sale of European subsidiary Opel has raised new uncertainty over the unit's future, astonishing politicians in Germany and Russia, and prompting workers to plan walkouts in protest.
The GM board's unexpected decision to call off the sale to auto parts maker Magna International and Russian lender Sberbank was a startling end to months of haggling in which Chancellor Angela Merkel and other German leaders had strongly backed the deal.
Now German workers worry GM will make even more cuts to return Opel to profit than Magna would have.
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