General Motors drops bids for European aid for Opel
epa02205028 A sign with the logo of German carmaker Opel picture at Opel's parent plant in Ruesselsheim, Germany, 16 June 2010. General Motors has dropped its applications for state aid from European governments for Opel, and will restructure its European carmaking business using its own resources, Opel said 16 June. Opel had asked the governments for 1.9 billion euros (2.3 billion dollars) to save its car factories after its US parent declared bankruptcy last year. GM restructured and later recovered. EPA/ARNE DEDERT
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