Which company will be rewarded the deal to buy a stake in Opel/Vauxhall from GM? That’s the question on everyone’s lips. If Magna co-CEO Siegfried Wolf is to be believed, the Canadian parts supplier is well on its way to sealing the deal next week.
Wolf revealed to a German newspaper that he remains confident of his plans despite interest from BAIC. He said, “Every day without a decision is one when cash is burned. We are heading towards 15 July as a target corridor to present documents upon which a decision can be made.“
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