Auto News 5

The German government does not need separate approval from the European Commission to grant state aid to Adam Opel because this would be part of a temporary framework agreement to support companies during the economic crisis, a government document seen by Dow Jones Newswires said. Separately, The Times reported earlier today that Magna would axe 1,400 Vauxhall jobs at the two plants here and the Daily Telegraph, citing "sources", said 1,830. Full story...