WITH THE SALE of Opel currently in limbo after negotiations with the Magna/GAZ/Sberbank group have stumbled, it seems Opel’s future is no more assured now than it was months ago.

But there are other interested parties still hovering. According to Chinese newspaper Guangzhou Daily, Chinese carmaker Beijing Automotive Industry Holding Corporation (BAIC) last week made [...]

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AFTER TALKS THAT stretched into the early hours of Saturday morning, the German Government has selected Canadian parts manufacturer Magna as its preferred bidder in the battle for GM Europe subsidiary Opel.

As part of the deal, Berlin will provide an immediate loan facility of 1.5 billion euros (AU$2.65b) to shore up Magna’s bid, with the [...]

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Following reports that Abu Dhabi (UAE) is considering making a bid for Opel shares, along with a collective of Opel and Vauxhall dealers, comes news that unnamed Chinese interests are looking at options for a stake in Opel as well.

According to Automotive News, several inside sources have confirmed that one or more groups in China [...]

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