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GERMAN AID FOR OPEL IN DOUBT

GENERAL Motors received a setback yesterday in its effort to secure €1.1bn (£0.92bn) in German aid for its money-losing Opel unit after a government panel declined to endorse the request. Germany said that its technical experts were “very critical” of the US carmaker’s request for loan guarantees. GM and Opel want Germany and four other European governments – including the UK – to guarantee €1.9bn in loans in total.