GM board has Opel concerns :Sale held up because of competition worries.

calendar August 26, 2009

DETROIT — General Motors’ new board may still sell its money-losing European Opel unit to a group led by Canadian auto parts maker Magna, but it needs guarantees that Opel’s technology won’t be used in Russia to compete against GM’s Chevrolet, according to a person briefed on the sale talks.

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GM board has Opel concerns :Sale held up because of competition worries.

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