Germany has assured GM
The Commission said last week that there were significant indications that the promised aid was subject to a pre-condition that Magna
In her letter to German Economy Minister Karl-Theodor zu Guttenberg, Competition Commissioner Neelie Kroes said GM and the Opel Trust should be given the chance to reconsider their decision based on a written assurance from Germany that there would be no conditions attached to the aid.
Germany has now written to GM and the Opel Trust, giving them the assurance we asked for, Commission spokesman Jonathan Todd said. The Opel Trust and GM will now have to reconsider in light of these written assurances. Then the German authorities have to tell us.
GM Europe declined immediate comment.
Brussels-listed holding company RHJ International
We have moved on. Financial services is now our priority, a spokesman said.
China's Beijing Auto, which had also been interested in Opel, declined to comment.
(Reporting by Foo Yun Chee, additional reporting by Philip Blenkinsop, Michael Shields in Frankfurt, Fang Yan in Shanghai; Editing by Mike Nesbit)