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(Image from article: "Hungry Fiat Now Wants Opel")

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GM, Magna reach tentative deal on Opel: sources

General Motors and Canadian auto parts group Magna International have reached an agreement in principle that could rescue ailing German carmaker Opel, sources close to the negotiations said on Friday.

Hungry Fiat Now Wants Opel

The Italian carmaker that just took over Chrysler is in talks to buy GM's European operations.

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GM could sell Opel stake for no gain: report

General Motors Corp is prepared to part with a controlling stake in Opel/Vauxhall for nothing but a pledge to invest directly in a new company formed from its European operations, the Financial Times said on Sunday, citing two people familiar with its plans.

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