GM desires to Make Opel Profitable Regardless of European Crisis and Sales Drop

Last September, during the Frankfurt Motor Show, General Motors executives were confident that their European operations had been following the company’s restructuring program to the letter and would break even.
Much less than two months later, real-globe outcomes proved them incorrect. In the first nine months of 2011, GM's European operations lost US$ 580 million before interest and taxes. Breaking even went down the drain.
In addition, restructuring, closing the Antwerp plant and

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