Bargain for certain

General Motors may well have put an informal price-tag on the majority stake in Opel-Vauxhall it wishes to sell. But nominal prices don’t matter much in a recession. The US auto maker is seeking a E500m equity investment in its European arm from the would-be buyer of its controlling stake, according to the Financial Times. But however much GM behaves like it is in the driving seat, it probably won’t have much say in the final deal. The German government - which stands ready to guarantee E3.3bn w...