Update: Congress no bailout, US car Industry dead; GM refuses Solarworld (solar ) offer to buy Opel Germany

by SOLARLIFE | November 19, 2008 at 04:38 am

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dFlash DW-TV Europe

Update Nov-20

Bancrupt GM with no bailout by congress, no $25bn aid, high on the horse

US car industry dead: GM, Ford, Chrysler and Cerberus Hedge fund go.

GM says no, wants to ground electric car (Volt) and Fuel cell car hydrogen (Opel Zafira), both developed by OPEL germany and german engineering.

Solarworld offers $ 1.3 bn for Opel GM-germany, to create Green car / solar power company. GM says no, oneway national US capitalism at the end.

US-based General Motors promptly rejected the bid. In Detroit, a GM spokesman said Opel was not for sale and claims otherwise were "pure speculation."

GM the next US horsethief case to stop: Why ?

€ 40 bn to rob from Germany

GM transferred german profits to US, reduced all development budgets to zero and forced GM boss Opel to ask German government for 40 billion Euros grant or close factory, then transfer money to US, what else. Go home you stupid Detroit village people. Sounds fishy capitalism to the bad end.

Solarworld to buy Opel

The German green economy, healthy Solarworld decided to make an offer for german GM Opel to make the most green car company of the planet. Featuring the GM Volt electric car developed in Germany as basic product to be recharged by 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

GM UNABLE TO PAY SALARIES FOR CHRISTMAS

REFUSED THE OFFER? NOT ON SALE