Canada's Magna wins bid for Opel
Germany reached a deal in talks with Canada's Magna, General Motors and governments to save Opel, German government leaders said on Saturday after a marathon six-hour meeting in the chancellery.
By Agencies |
BERLIN: Germany reached a deal in talks with Canada's Magna, General Motors and governments to save Opel, German government leaders said on Saturday after a marathon six-hour meeting in the chancellery.
Finance Minister Peer Steinbrueck and Economy Minister Karl-Theodor zu Guttenberg told journalists outside the chancellery shortly after 2 a.m. that a deal on bridge financing and a trustee model for the German carmaker Opel were agreed.
"We have an agreement," Steinbrueck told reporters following marathon talks between top German politicians, US government officials and executives from GM and Magna.
Finance Minister Peer Steinbrueck and Economy Minister Karl-Theodor zu Guttenberg told journalists outside the chancellery shortly after 2 a.m. that a deal on bridge financing and a trustee model for the German carmaker Opel were agreed.
"We have an agreement," Steinbrueck told reporters following marathon talks between top German politicians, US government officials and executives from GM and Magna.
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