GM will not sell Opel

Representatives of the American automobile corporation General Motors officially denied all possible rumors about the sale of the car company Opel to the Italian concern Fiat. In an interview with American media Stephen Girsky, who is a representative of General Motors, said that the concern fully supports Opel and that any sale is out of the question.

The corporation’s press center said Opel is an important part of the future success of the American corporation in Europe, also Opel is the most important part of GM’s global business. Journalists were also informed that the American automobile giant plans to develop cooperation with another European concern, namely PSA Peugeot Citroen.

Recall that the Italians were previously seriously interested in the German car manufacturer. So Italian newspapers reported that Sergio Marchionne, who is the head of Fiat, wanted to discuss the possibility of buying Opel with the management of General Motors. However, according to intact data, negotiations failed because Fiat intended to buy Opel at a low price.

In 2009, Fiat also tried to buy Opel. In the same year several companies laid claim to the European asset of the American concern.