Europe counteracts GM crisis, Solarworld to buy Opel Germany

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Solarworld to buy Opel

The German green econonomy, healthy Solarworld decided tomake an offer For german GM Opel to make the most green car company of the planet. Featuring the GMVolt electric car developed in Germany as basic product to run on recharged on Solarworlds solar panels at car parks, super markets/

The offer

Cash        250 million Euro upfront
Bankcredits 750 million Euro

Total      $1.3 billion Dollar

Opel intended to ask for 40bn Euros government grants.
German chancellor A. Merkel says no will go to GM US.
In part help can be offered only for german production

Opel made no statement to the offer