GM’s German subsidiary may cut ties

| 18 December 2008 19:42

Opel is a well-respected brand in Germany. They make good cars i design and quality. As a result, the German subsidiary of General Motors has been profitable while the parent company was hemorrhaging losses. Many Germans see the parent as an albatross around their neck, leading to job losses and hard times. Why not cut the cord?

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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