GM's Opel, Vauxhall Get a Shot at Survival

Canadian auto supplier Magna wants to buy GM’s European brands, offering Opel and Vauxhall a chance at survival, the Wall Street Journal reports. A deal for Opel would need temporary German funding. Angela Merkel’s government is debating putting up some $2 billion—but wants GM and the US Treasury to separate Opel from the rest of the Detroit firm to ensure the loan doesn’t end up in US creditors’ pockets.