Financial Times FT.com

Magna in Vauxhall plants tour

By John Reed in London

Published: June 9 2009 03:00 | Last updated: June 9 2009 03:00

Magna International, which is heading a consortium set to buy control of General Motors' European operations, will tour the unit's two UK plants today, the companies confirmed yesterday.

The visit by the Canadian company's due diligence team to the Vauxhall plants comes at a time of heightened anxiety about car plant closures in Britain, where all the major automakers are foreign-owned.

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