GM Opel: It’s MAGNA!
May 29th, 2009 by Richard Aucock
MAGNA International has agreed in principal to buy GM Europe – owners of Opel and Vauxhall.
The deal still needs to be agreed with the German Government, reports the breaking news on the BBC.
But, word is that the Canadian automotive industry giant has finally reached an agreement with General Motors.
The BBC reports more will be revealed at a meeting this afternoon.
More news as we get it…
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