GM Europe: US Government Reaction To GM-Restructuring Not Rejection
30 März 2009 - 1:06PM
Dow Jones News
The European unit of General Motors Corp. (GM) said Monday it
believes the Obama administration's cool reaction to the parent
company's restructuring plans isn't necessarily a rejection.
"We don't see the reaction as a general rejection, but rather as
a request for a revision," a GM Europe spokesman said Monday.
GM Europe, which includes Adam Opel GmbH, also said it welcomed
Frederick Henderson taking on the role of chief executive following
the forced resignation of Chairman and CEO Rick Wagoner. Henderson,
currently GM's chief operating officer, successfully led GM's
Europe operations for many years, the spokesman said. "We are
looking forward to working together," he said.
Company Web sites: www.gmeurope.com; www.opel.de
-By Frankfurt Bureau; Dow Jones Newswires; +49 69 29 725 500;
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