ASSESSMENTS

U.S., Germany: The Geopolitics Behind the Opel Sale

Aug 26, 2009 | 17:04 GMT

MICHAEL KAPPELER/AFP/Getty Images

Summary

The German government may be getting ready to accept a bid for Opel from the Belgian investment firm RHJ International, German daily Bild reported Aug. 26. Until recently, Berlin has favored the Canadian auto parts manufacturer Magna International, financed by Russia's state-owned Sberbank. Despite a potential deal to accept the bid from RHJ International, Berlin continues to be irked by General Motors' rejected offer, symbolizing the cooling relations between Germany and the United States.

Berlin is planning to accept a bid for Opel....

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