Saturday, July 4, 2009 Beijing Auto makes GM offer on Opel Magna plan still on the table; bid gives carmaker second option Detroit News staff and wire services General Motors Corp. has increased its negotiating options for its German subsidiary Adam Opel GmbH by obtaining a second offer from Beijing Automotive Industry Corp. GM is [...]

GM’s fate now rests in hands of bankruptcy judge   Bondholders call deal ‘Chapter 11 nationalization’ queryvar=”gms,fate,now,rests,in,hands,of,bankruptcy,judge”; Automotive News | July 2, 2009 – 11:31 am EST   NEW YORK (Reuters) — A federal bankruptcy judge will decide the immediate fate of General Motors’ effort to quickly sell its best assets to a group funded [...]