After months of negotiations the US carmaker General Motors (GM) has agreed to sell its German subsidiary Opel to the Austro-Canadian auto parts supplier Magna and the Russian Sberbank. The buyers plan to slash around 10,000 jobs in Europe. Reports have it that while Opel's four German plants will stay open, the Belgian plant in Antwerp will be shut down.
With articles from the following publications: De Morgen - Belgium, Cinco Días - Spain, Blog Carta - Germany, Financial Times - United Kingdom, Les Echos - France