In an interview to the German financial newspaper Handelsblatt (10-07), the president of Opel's work council, (Opel is a European subsidiary company of General Motors) , rejects the idea of an alliance between the American manufacturer and Renault-Nissan, fearing that Opel would be negatively affected. (Ref. 06707)
For Klaus Frantz (IG Metall), the president of Opel’s work council, an alliance between GM and Renault-Nissan would firstly be examined very closely by the German anti-trust office, and would also have “dramatic consequences” for Opel. Its center for development in Rüsselheim, could be threatened, so could the brand . Franz Klaus also highlights the influence of the French State on Renault. The article of Handelsblatt finishes with a reminder : the shut-down of “the modern factory” of Renault V
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