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General Motors says Magna's Opel bid has obstacles, RHJ's is easier to accept
Wed, 29 Jul 2009General Motors Co. says a bid for Opel from Magna International faces hurdles while a rival offer from Belgian investor RHJ International would be easier to accept. Writing on GM Europe's Web site, John Smith, GM's chief negotiator for the Opel sale, says Magna's bid "contained elements around intellectual property and our Russian operations that simply could not be implemented." He adds: "GM has partners in other parts of the world who have joint ownership of these assets ...
Infiniti to build new compact hatch at Sunderland from 2015
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The first SRT Viper is sold, we spot an exotic XTS, and the 2013 SVT Raptor offers more off-road fun, this week's Autoweek in review
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