Monday, June 1, 2009

GM's Opel rescued in global deal

New owners for European business: Canadian auto supplier gets 20%; Russian company and GM get 35% each; employees will own 10%.


What is this item about? A Canadian auto parts supplier has come to the rescue of German carmaker Opel, negotiating a deal with the German government that will save the company.


Why did you choose it? because a lot of people are losingtheir jobs because

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