After announcing its new management team that is supposed to help save Opel, Nick Reilly also confirmed that General Motors will give the German brand 650 million Euros until the company manages to raise more funds from other sources. Opel and its British sister Vauxhall are looking to raise up to 3.3 billion Euros to finance the restructuring process, company officials announced in 2009.
"The payment accelerations serve as a temporary funding source for the (Opel) group’s operations unt… (read more)