May 21, 2009

GM May Get 4th Bid for Opel From China

Bloomberg is reporting that there may be a possible 4th bid for GM's Opel subsidiary, the company's core European business, from a Chinese carmaker as yet unnamed. Last week rumours circulated that Geely may be a potential bidder for Opel and that it could be a finalist to acquire Saab although Geely is denying all reports....

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