General Motors Corp.’s German subsidiary Adam Opel GmbH soon will submit a plea for government assistance as part of its attempt to break free from its struggling parent company. Opel plans to ask for €3.3 billion ($4.2 billion) from Germany and other European governments, as well as €3 billion ($3.8 billion) from GM, while also looking to cut its own structural costs by €1.2 billion ($1.5 billion), GM Europe says in a statement. GM is working with representatives of the German government ...
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