20th
November
2008
Surreal times?
posted in Daves Blog |
That was a little out of left-field, eh? Was it a clever PR stunt yesterday by SolarWorld to say that it is planning a bid for Opel's German facilities or is it really serious? Before we all laugh it off as a cheeky stunt, let's just reflect on how desperate for cash certain companies are. GM is to sell a 3% stake in Suzuki to raise a bit over $200m. SolarWorld is talking about a billion euros for four factories, the products produced (royalties and rights would surely be negotiable) and Russlesheim's R&D (more tricky, but might be a way to share). Mad?
GERMANY: SolarWorld AG 'planning to submit Opel offer to GM'
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This entry was posted on Thursday, November 20th, 2008 at 1:16 am and is filed under Daves Blog. Original contribution by David Leggett's automotive industry blog - from just-auto.com. Responses are currently closed, but you can trackback from your own site.