GM now expects $5.5B charge from its sale of Opel

Additional costs mean GM now expects the charge for its sale of Opel to PSA to reach $5.5 billion, GM finance chief Chuck Stevens said.


Takata's likely Chinese owner poised to emerge as key player in auto safety

Wang Jianfeng, founder and chairman of Ningbo Joyson, is poised to pull off his biggest deal yet: a $1.59 billion takeover of Takata by Ningbo's Key Safety Systems.

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