TIMELINE-GM's plans for its Opel unit


Nov 24 (Reuters) - General Motors [GM.UL] has slightly lowered its target for job cuts at struggling European unit Opel and will present its new recovery plan to Opel's labour leaders on Wednesday. [ID:nGEE5AN0ND] Founded in 1863 and bought by GM in 1929, following is a timeline of events at Opel in the past year: Nov. 2008 - Asks Germany for state loan guarantees. April 28, 2009 - Canadian-Austrian firm Magna International Inc outlines offer for Opel. May 20 - GM Europe says three ...

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