Keep it in the family -- General Motors reportedly scrapping plans to sell its European unit, Opel
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Janine RabeAugust 25, 2009
Things change so much they end up staying the same. There is now talk that General Motors will NOT sell its European unit, Opel. This is a political bomb here in Germany. The government here has promised billions in loans to ensure that a new owner will keep much of Opel's 50 thousand jobs in Germany. But the Wall Street Journal reports GM is putting together a plan that would allow it to hold onto to Opel.