On Monday of this week, German Prime Minister Angela Merkel met with President Obama in Washington and then addressed the US Congress, where she was warmly greeted, and made an impassioned address concerning the environment and global warming.
She was on top of the world when, just minutes later, she heard the news that General Motors had decided call off the sale of their European division headquartered in Germany, Opel.
And GM being GM, the company announced Wednesday that it will cut 10,000 jobs at Opel and their British division, Vauxhall, un-employing about 20% of the company’s 50,000 workers.
Opel's GT was one of the first Opel vehicles sold in America; some compared it to a "mini-Corvette"
And boy, is Merkel pissed. She might not be making more warm and fuzzy speeches to Congress anytime soon. And European Union members share her feelings. Unions are all-powerful in Europe, and GM dropping the sale and the resultant job losses could wind up looking like a huge defeat for Germany and the entire EU at the hands of a recently bankrupt worldwide corporation.
GM Vice-Chairman Bob Lutz
Current F1 champion Lewis Hamilton
Peugeot (shown) and Audi will be running turbocharged V12 diesel engines at LeMans this weekend in the world's most prestigious sports car race



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