After much deliberation of a take over. Opel/Vauxhall are staying up with GM (General Motors). It comes as quite a shock to the motor trade industry as it was almost certain that they would be moving to Magna International based in Canada.

The reason that the take over has fallen through could be from the 4.5 Billion Euro loan they received from the German government.  According to GM, the European market has improved and so has their own financial stability (this could be from the huge loan!). It proves that its possible to revive a fallen motor company, especially in the current climate. For Vauxhall/Opel, its onwards and upwards, working on what they do best and improving their vast range of vehicles.

Broadsure Direct offer motor trade insurance, if you would like a quote you contact Broadsure Direct on 0845 658 6587 or go to their website and fill out a motor trade form and receive a call back.