There goes another GM branch...

GM's board just approved the sale of Opel to Magna and a russian bank. Opel is HUGE in Europe, I think they should have held on to this. Now Magna and the Russian bank own the plans to the Chevy Volt Voltec powertrain, which will be on the Opel Ampera, same as the Volt. If they spent so much money developing the Volt, I don't think they should be so eager to sell it off. Just my opinion.

http://acceltimes.com/news/9/gm-recommends-sale-of-opel-to-magna-and-russian-bank.php

This article explains the sale agreements