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GM reportedly set to sign deal on Thursday to sell Opel
Tue, 13 Oct 2009General Motors Co. likely will sign a deal on Thursday to sell a majority stake in Opel to a group led by Magna International Inc., German news agencies reported, citing sources close to the negotiations. GM agreed on September 10 to sell 55 percent of Opel to Canadian supplier Magna and its Russian partner Sberbank, but the deal stumbled amid labor union demands for a veto on factory closures and concern in the UK and Spain that 4.5 billion euros ($6.7 billion) in aid pledged by the German government for restructuring Opel favored the carmaker's German factories.
Honda CR-Z and Puyo (2007): first official pictures
Tue, 09 Oct 2007By Ben Pulman First Official Pictures 09 October 2007 05:41 Does this mean the CR-X is back? Maybe. This CR-Z is still just a concept, but if public reaction is positive, and it should be, then we could see this car in production for the start of the next decade.
Microsoft increases stake in auto industry
Mon, 06 May 2013Having reshaped a big piece of the world's economy around its Windows software, Microsoft Corp. now wants to do the same thing in the car business. What the Seattle giant sees there says as much about the future of cars as it does about itself.