BERLIN (AP) — General Motors and the German government continued to spar over the sale of the automaker's European car business on Tuesday, days after GM rejected a deal backed by the government to sell Opel to an investor group led by Magna, a Canadian auto parts maker.
GM is trying to unload the Opel and Vauxhall units as part of its effort to shed unprofitable businesses.
GM Group Vice President John Smith, in a meeting with Germany's Opel Task Force of federal and state officials, made it clear Tuesday that GM still wants to sell the money-losing Opel. The sides differ over financial liabilities, use of GM patents and safeguarding European jobs.