TIMELINE-GM's plans for its Opel unit


Nov 3 (Reuters) - The board of General Motors [GM.UL] has opted to keep Opel, undoing months of negotiations to sell the European unit to a Russian-backed group led by Canada's Magna . [ID:nN03518816] Founded in 1863 and bought by GM in 1929, following is a timeline of events at Opel in the last year: November 2008 - Asks Germany for state loan guarantees. March 4, 2009 - GM Europe head Carl-Peter Forster says Opel could slash 3,500 jobs and relaunch as an independent company. April ...

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