Morgan Stanley says GM should bail on Opel []

General Motors must move away from its European brand and solve their losses, financial institution, said in a report this week.

Analysts at Morgan Stanley said Thursday that GM Opel has cost $ 10 billion $ 20 billion in the last three years, and if GM brand keeps costs up to an additional 12 billion euros in the next 10 years. Could cost also completed the sale of Opel GM to $ 13 billion, the report said.

GM considers selling the brand three years ago, when the company went bankrupt. However, this plan does not ultimately, if the board rejected. Since Opel has had several changes in leadership and remains plagued by financial problems.

Course is to support GM Opel in public. “We want Opel are committed and believe we can restore long-term viability,” GM spokesman Jim Cain told the Detroit Free Press in an e-mail. All Right Reserved.Back to Shopping on: Car DVD player car dvd player with GPS for Toyota Car DVD Player with GPS for Honda Car DVD Player with GPS for Hyundai Car PC Car DVD Players Headrest DVD Player Audi DVD Player BMW DVD Player Buick DVD Player Chevrolet DVD Player Citroen DVD Player Daihatsu DVD Player Ford DVD Player Fiat DVD Player GMC DVD Player Honda DVD Player Hyundai DVD Player Lexus DVD Player Kia DVD Player Mazda DVD Player Mercedes-Benz DVD Player Mitsubishi DVD Player Nissan DVD Player Opel DVD Player Peugeot DVD Player Skoda DVD Player Renault DVD Player Suzuki DVD Player Toyota DVD Player Volkswagen DVD Player Rear Camera

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