Volkswagen, world's largest carmaker?

• Source: Gasgoo.com
• [13:50 August 19 2009]
• Comments

Volkswagen, which competes head-to-head with Opel in most segments, wants Opel out of the way. Berlin seems not to be inclined to give government money to anybody else than Magna. GM is dragging its heels. Volkswagens threat gives Magna reason to pause.

Opel is like a shipwrecked sailor: The longer the rescue takes, the slimmer Opel's chances of survival. After Germany's national elections on September 27, "nobody will give a hoot for Opel," said the German professor Ferdinand Dudenhoeffer. With a close competitor out of the way, VW would be a step further to its declared goal of world domination.