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Thursday, July 21, 2011

VW Reportedly Put a Price on the Table for GM’s Opel after Hearing Rumors about Hyundai’s Interest


German monthly publication ‘Manager Magazin’ reported in its latest issue that the Volkswagen Group has a far deeper interest in Opel than originally thought.

Citing unnamed sources close to the automaker, the financial magazine said that Volkswagen gave General Motors a rough estimate of what it is willing to pay for Opel after the German company heard rumors about Hyundai’s alleged interest in the European brand.

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