GM steps up talks on rival Opel deal: FT

US auto giant General Motors has stepped up talks with RHJ International over a rival deal to sell its European units and could sign a memorandum of understanding this week, a report has said. Citing a person close to the sale process, the Financial Times said the Brussels-based industrial holding company had improved its earlier bid for Opel/Vauxhall and GM was taking it very seriously. The German government in May unveiled a rescue plan under which 55 percent... [read full story]                    

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