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Business Topic - GM Stops Digging Its Own Grave

Only a few hours after her well-received speech at the US Congress, while she was on her way back to the airport, German Chancellor Angela Merkel got the message that General Motors (GM) would not sell Opel to Canadian automobile parts manufacturer Magna. A slap in the face of the German ‘Politische Marktwirtschaft’ (in which the state can intervene in business matters that are considered of key importance to the state). Prof. Dr. Taco van Someren, professor of Strategic Innovation & Sustainability, shares his views on GM’s decision not to sell Opel to Magna.

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