GM opts to sell majority Opel stake to Magna
OPEL AFTERMATH: EC not seen stopping deal
The German government does not expect the European Commission to thwart General Motors' plan to sell a controlling stake in…
OPEL AFTERMATH: Factory, worker, futures unclear
Yesterday's announcement that a Magna International-led consortium would buy a 55% stake in General Motors' European Opel/Vauxhall operations finally ended…
GERMANY: GM Board recommends Opel sale to Magna
GM has announced that it is planning to sell a 55% stake in New Opel to Magna/Sberbank. GM said in…
DECISION DAY AT LAST [updated 16:40BST]: Magna wins Opel
General Motors today appeared to have bowed to strong German regional and federal political pressure as it ended months of…
OPEL LATEST: Crack appears in government Opel fund position
Germany has yet to decide whether it could offer financial aid for Opel if the company remains with its US…
OPEL WAIT: Decision could be deferred again
Day Two of General Motors' board meeting is dawning with no real signs of that Opel Decision and even the…
OPEL UPDATE: Insolvency prospect recedes
General Motors' Opel isn't in immediate danger of running out of cash despite an apparent stalemate over German government support…
US: Possible Opel buy concerns some Magna customers
Automakers concerned about the possible Magna purchase of Opel from General Motors are contacting US partsmakers about diverting some business…
OPEL LATEST [updated 12:15BST]: Sale talks resume Friday
Talks over the sale of Opel and Vauxhall will resume on Friday between General Motor’s negotiator John Smith and German…
OPEL LATEST: Now GM may keep Europe unit
General Motors could clarify within 24 hours if it will keep rather than sell Opel, a German labour representative said…