Opel/Vauxhall CEO has just unveiled the so-called "Plan for the Future" that is expected to help the two automakers survive the crisis and even return to profit.
To get straight into details, Opel will invest a total of 11 billion Euros by 2014, with the viability plan requiring a long-term funding of 3.3 billion Euros. GM has already provided 650 million Euros in advanced payments in January and the company is also holding talks with European governments for another 2.7 billion Eur… (read more)