In a strange turn of events (though some might rightfully disagree….), GM today announced that the company’s Board of Directors decided to terminate the sale process of Opel to a Russian-backed group led by Magna and keep the European unit under its control. The U.S. automaker said that it took this decision because of an “improving business environment for GM over the past few months” as well as
Thursday, December 23, 2010
GM Decides to Keep Opel After All, Cancels Sale with Magna
Posted by ipul at 8:27 AM
Labels: Opel Car Automobile
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