Wednesday, November 04, 2009

GM decides to keep Opel




General Motors Co. has decided to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Magna International Inc. of Canada.

GM cited the improving business environment over the past few months and the importance of Opel and its British unit

DATED: 04.11.09

FEED: ANE






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