Canadian firm to rescue Opel

A top-level meeting in Germany approved a plan today for Canadian car parts firm Magna to rescue Vauxhall parent General Motors’ European arm.

Canadian firm to rescue Opel
Sat, 30 May, 2009 - 11:21

A top-level meeting in Germany approved a plan today for Canadian car parts firm Magna to rescue Vauxhall parent General Motors’ European arm.

German finance minister Peer Steinbrueck said Magna International could now move ahead with a rescue of General Motors’ Opel unit.

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