German Based SolarWorld Bid To Buy Opel From GM

Posted on 22. Nov, 2008 by in 2000-2009, Russelheim, Germany

Not more than a week after Opel asks the German Government for financial support, SolarWorld, a germany based company bids to buy Opel outright from General Motors for 250 Euros & 750 Euros in Credit according to Dow Jones.

A sale of Opel would mean ownership of the next generation Saab 9-5 production at the Opel based Russelheim, Germany factory as well.

Could the next generation Saab 9-5 see some solar technologies before it goes out the door, especially now that its production is delayed?

FRANKFURT -(Dow Jones)- German solar equipment maker SolarWorld AG (SWV.XE) Wednesday said it intends to offer about EUR1 billion in cash and credit lines for General Motors Corp.’s (GM) unit Adam Opel GmbH in a bid to develop the ” first green European car company.”

Source: Dow Jones

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