Troubled US carmaker General Motors is reportedly prepared to give away its German unit Opel to potential investors who would inject at least €500 million into its operation.
The Financial Times Deutschland said on Monday officials at GM would prefer to hand over Opel for nothing rather than transfer the money necessary to keep it afloat. This would also have the benefit of keeping GM as a minority shareholder in Opel, enabling the US carmaker to continue its close development and production with the Germans.
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