General Motors (GM.N) is considering putting European arm Opel up for sale again, two German magazines reported. Auto Bild and Spiegel Online said possible buyers could be Chinese carmakers or Germany's Volkswagen (VOWG_p.DE). Opel failed to comment on the reports. Volkswagen was not immediately available for comment. In 2009, GM dropped plans to spin off Opel, backtracking on months of negotiations to sell it. The German government waged a high-profile battle against any sale. GM has embarked on a drastic restructuring to get the unit, which lost $1.6 billion last year, back on track.
General Motors Company (GM) is a global automotive company. Shares of GM remained unchanged at $28.86. In the past year, the shares have traded as low as $28.39 and as high as $39.48. On average, 14675200 shares of GM exchange hands on a given day and today's volume is recorded at 0.
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