Press Release
GM and Opel Announce Position on VW Industrial Espionage Settlement
12/09/96
VW/Lopez Case/ General Motors Corporation and Adam Opel AG/ Responsibility for Out-of-Court Settlement In VW's Hands DETROIT and RUSSELSHEIM, Germany, Dec. 5 -- The President's Council of General Motors Corporation and the leadership of Adam Opel AG continue to be united with respect to their assessment of the seriousness of this matter and its proper resolution. Both GM and Opel reiterate that any out-of-court resolution of civil actions require that fundamental steps be taken by Volkswagen, in order to settle this matter on an appropriate and honorable basis. As stated on November 27, these steps include an acknowledgment by VW of the wrongful conduct that occurred, and an acceptance of its responsibility to remedy the wrongdoing by, among other measures, severing its business relationships with Lopez and his collaborators as well as compensating Opel and GM for the substantial damages incurred. These steps do not threaten, and are not meant to cause any threat to, the jobs of innocent Volkswagen employees, but do begin to address the negative effects the wrongful conduct has had on the employees of Opel. GM and Opel continue to seek a judicial determination of the truth as expeditiously as possible in the VW/Lopez case, and believe that the appropriate forum to argue the facts and evidence is in courts of law. In that context, Opel and GM regret that attorneys for Lopez and his collaborators stated in the U.S. District Court earlier this week that they will try to delay their clients' giving sworn testimony for fear that this could adversely affect them in connection with criminal investigations which are being conducted in Germany and in the United States.