Entry in European Motor Field to Compete with Ford New York, Mar. 13. that thy General Motors Corpora. tion of the United States has red to purchase 76 per cent. of the shares of the Opel Automobile Works in' Germany for a sum equivalent to about $30,000,000 gold. according to Berlin dispatches: to-
The purchase would give Generat Motors control of the Opel Works and would constitute the largest single investment made by any American industrial firm in Germany since the war.
Automobile men here interpreted the move by General Motors as; designed to offset the plans of the Ford Motor Ca. on the European Continent, where Ford now is operating several assembling: plant The Opel plant is reported to hav a capacity of 70,000 cars annually. United Press,
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