GM Opel or making cars for other brands

Beijing time May 18 morning news, according to the German "Sunday World News" (Welt am Sonntag) reported that close to the auto parts manufacturer Magna, the source said, if Magna become GM's Opel partner, Opel may be the other brands to produce cars. Germany is looking for a partner for Opel, and the target may be Fiat or Magna.　　The German economy minister said May 14 that Fiat and Magna would have to submit a comprehensive plan within a week, and if GM filed for bankruptcy, the German government would consider providing temporary financing for Opel, but if neither Fiat nor Magna submitted a plan that would be appropriate, Opel could go bust.　　If Opel were to reduce the production of its own branded cars, sources said, there would be excess capacity to produce other brands such as Peugeot and Ford. As a result, Magna will not close Opel's German plant, but may close Opel's Belgian Antwerp (Antwerp) plant and the UK Luton plant. (Ning String)