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 Re: Opel vs GM
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Joined: Feb 2011
Posts: 2,146
Oil Expert
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Oil Expert
Joined: Feb 2011
Posts: 2,146 |
Quote:
All of this makes me sick seeing how GM will be defaulting on 2/3 of thier bailout loan. On the Opal, The Kadett B was sold in the United States through Buick dealers from 1967 until 1972 simply as the Opel.
Uh, that isn't true. Although they shuffled some loans from an escrow account to do it, technically they've already repaid the 'bailout' loan, and there is no indication that the secondary loan from the escrow will not be repaid as well as they are making money for a change.
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