is plan for the recovery of Opel – a subsidiary of the American General Motors, to the German Minister for Economic Affairs – Theodor zu Guttenberg – Sergio Marchionne, leader of Fiat, also met with Klaus Franz, president of Opel’s central works council, to try and reassure German employees… without success. Opel’s staff representatives still view with a very critical eye a possible takeover of their company by Fiat which they feel might lead to thousands of job cuts and site closures. (Ref. 09
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