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GM Generali

23.36
-0.12 (-0.51%)
11:26:21 - Realtime Data
Share Name Share Symbol Market Type
Generali AQEU:GM Aquis Europe Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.12 -0.51% 23.36 23.35 23.37 23.36 23.07 23.31 100,775 11:26:21

Opel's Franz: Possible Merger Could Lead To 18,000 Job Losses

13/05/2009 5:18pm

Dow Jones News


Generali (AQEU:GM)
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A possible merger of General Motors Corp.'s (GM) European business and the Italian auto maker Fiat SpA (F.MI) could lead to a loss of up to 18,000 jobs, Klaus Franz, the head of the workers' council of German GM unit Adam Opel AG said Wednesday.

"I am critical regarding the merger," the top labor representative said Wednesday at a press conference following talks with Italian employee representatives.

The coming weeks will be "very important and decisive" for Adam Opel, he said.

Company Web site: www.opel.de; www.gm.com

-By Frankfurt Bureau, Dow Jones Newswires; +49 69 29725 500; katharina.becker@dowjones.com

 
 

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