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Old 11-04-2009, 02:03 PM
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Post General Motors abandons advanced talks to sell Opel

US car giant General Motors (GM) has abandoned plans to sell a majority stake in its European car business Opel, including its UK brand Vauxhall. GM had agreed to sell Opel and Vauxhall to Magna, a Canadian car parts supplier, to raise funds after facing collapse earlier this year. The shock decision comes after talks [...]

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