Opel, Magna International | featured news

General Motors cancels Opel sale

General Motors announces that it has cancelled plans to sell Opel and Vauxhall to Canadian car parts firm Magna.

 

GM, Magna reach tentative deal on Opel: sources

General Motors and Canadian auto parts group Magna International have reached an agreement in principle that could rescue ailing German carmaker Opel, sources close to the negotiations said on Friday.

 

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