General Motors has agreed to sell a 55 per cent stake in Opel to a group led by Canada's Magna after months of fraught negotiations that had weighed on the European unit and its 50,000 workers.
The decision, after a two-day meeting of
Germany reached a landmark deal with Canadian auto parts group Magna, General Motors and governments to save carmaker Opel from the imminent bankruptcy of its US parent, German leaders said on Saturday.
Finance minister Peer Steinbrueck to
Magna, the media buying, planning and consulting arm of Middle East Communications Network (MCN), was re-launched with an all-new look and brand identity.
The new logo, new brand campaign, new offices and new clients, herald the next stage