Opel labor representatives called for work stoppages across Europe to protest General Motor Co.'s decision not to sell its European subsidiary, and Germany's government vowed to recover euro1.5 billion ($2.2 billion) it loaned GM to finance the sale.
Road ahead for Opel won't be easy
GM's decision to sell European subsidiary Opel to auto parts maker Magna International was a political victory for German Chancellor Angela Merkel. But the carmaker's future success is far...
GM says Magna, Sberbank to acquire Opel
General Motors Co. said a consortium of Canada's Magna International Inc. and Russian lender Sberbank would acquire a majority stake in its European subsidiary Opel.
GM says Magna, Sberbank to acquire Opel
General Motors Co. said Thursday that a consortium of Canada's Magna International Inc. and Russian lender Sberbank would acquire a majority stake in its European subsidiary Opel.
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