F&I Management & Training

General Motors' German unit Opel this afternoon agreed to a restructuring plan that aims to save as many jobs and factories as possible but needs 3.3 billion euros ($4.18 billion) in state aid, GM officials said.The idea is to split off Opel into a separate unit that would remain linked to its stricken U.S. parent while letting outside investors take a stake of more than a quarter, GM Europe President Carl-Peter Forster told a news conference. "There are still no decisions about plant closures or forced layoffs,"

DATED: 27.02.09

FEED: ANE