general motors is hoping to get the all clear for the sale of its loss—making brand opel.aditional car industry coming to an end? we'll get a hands—on look at the latest in driverless technology. welcome to world business report. i'm rachel horne. today the eu commission will decide whether or not to give the green light to general motors for the $2.5bn sale of its european operations. gm is hoping to offload vauxhall and opel to the psa group — that's the french company which owns peugeot and citroen. it's easy to see why general motors wants to sell — their european operation, which is dominated by opel, has lost about $9.1 billion since 2009. if successful, the deal would make psa the continent's second—biggest car maker after volkswagen and ahead of french rival renault. opel employs 38,000 people across europe but it's feared the sale could put thousands of those jobs under threat with workers in the uk and germany considered to be most at risk. with me is anna—marie baisden, head of autos at bmi research. what you expect in the eu to say today? don't think we expect

general motors is hoping to get the all—clear for the sale of opel and vauxhall today, but workers fearor their future, as the new buyers talk of "speedy" cost savings. and narendra modi has become the first indian prime minister to visit israel ever, with new military and cyber security deals at the top of the agenda. and we have the latest from the markets. all of them down, but the ftse only a touch, just .03 of a percent. more on that later. and we'll be getting the inside track on on a business that's been milking big profits around the globe, we're going to be speaking to the boss of arla, one of the world's biggest dairy companies. also, as volvo calls time on the internal combustion engine, are you ready to give up your gas guzzler? get in touch, just use the hashtag #bbcbizlive. hello and welcome to business live. today, the eu commission will decide whether or not to give the green light to general motors for the $2.5bn sale of its european operations. gm is hoping to off—load vauxhall and opel to the psa group, that's the french company, which owns peugeot and citroen. it's e

general motors is hoping to get the all clear for the sale of its loss—making brand opel.s the traditional car industry coming to an end? we'll get a hands—on look at the latest in driverless technology. hello. the us and south korea havejointly warned north korea that war cannot be ruled out followed pyongyang ‘s intergalactic blouson ballistic missile test. tensions are continuing to escalate between the united states and north korea after the american secretary of state confirmed that the weapon fired by pyongyang on tuesday was an intercontinental ballistic missile. it means it may now be able to target the north american mainland, and comes just two days ahead of the g—twenty summit of world leaders in hamburg. with china's president, xijinping already in germany the bbc‘s greg dawson has more. a show of force and are not so su btle a show of force and are not so subtle message to north korea. this is the moment us and south korean troops fired missiles into south korean waters —— north korean waters on wednesday. the pentagon called it an exercise to show precision f

nounrtaty,ue m reblanolags n'ha thsa ploph >>noth se n' >>ecsehiwi n iro pel's ve th wlurt miio and miio opele ii ulgi y - [dierbl o wargog me i paicatory. e gng to gh yh! aayoi t fht yeah >>eah renowear hethar n wfa! e gngo loth tbe bi tt ss ts na chbeth lksut tse thxiing coitns >>o! a wgog aowhe reblantoasa llhat llakca sio a lo-term rendhrs em ouonhetrt? n >>ree intoll t paagsays tdibl chdr tt u get l u --hearyoge y d' gean me? arweoi talw emo pa ailth rs al ca fm mli arins >> n >>ete ll youhi weust co tetr, grsrtsmecaasto u time a te aitolodo d sp e abic fo trihetharfr llns d now he cl --n asoo arigain to flo our pne tfi r aibos. llouo ? yh! >>owbo iweilled e res tse erreblan fi aosamic yh! >> we ne tt nd of tion ght no d tn,ft wpua ak thugthhet ts diabic bl d ryt x t x etnder, t'ge al ce r l dire meca f a, for er --eah reor allmeca foal f eryine americ. weavsu atrsf hlt ca ste sidiert sts,eoe e llg twnhe cck hoabt st by inbo a ameranouet rahtrwd,uatyeah re [cerg] a h aute ss bl at tak othdr cpanies an ss eranwill n p rehadrs veedn the it steth ppl erseas >>ea i a h aute makevery ssibleffo

looking fairly promising the opel round —— final round at the open at royal birkdale.l be a bit breezy confetti today. the women's world cup final at lord's, there is a chance of catching the odd shower. there will be lengthy sunny spells, it will fill warmer than it did on saturday. this is sunday evening, showers gradually fading but the area of rain i mentioned in scotland looking down across parts of north—east england and only gradually edging a bit further south and east during the day on monday. becoming lighter as it does so, elsewhere on monday a dryer picture, some warm sunny elsewhere on monday a dryer picture, some warm sunny spells to be had away from that breeze, along the north sea coast and tuesday as a fine day for many of us. but it turns on settled from the west again on wednesday. hello, this is bbc news. the headlines at 8.30pm: great ormond street hospital contacts the police after staff received death threats and online abuse in relation to the charlie gard case. as some of president trump's family prepare to give evidence to the investigation in

cars were on the road in order to improve performance in total five german automakers mercedes benz opel volkswagen and its subsidiaries audi in porsche recalled six hundred thirty thousand diesel vehicles in europe after it was found they also manipulated emissions audi is now set to fork over one point three billion dollars in a payout to the state of california alone over this it's compounded by a four point three billion dollars settlement due to the us government the global cost of fines and compensation is estimated at around twenty two billion euros or more. and if you've ever suspected that online retailers recognize your account or ip address then proceed to boost the prices.

cars were on the road in order to improve performance in total five german automakers mercedes benz opel volkswagen and its subsidiaries audi in porsche recalled six hundred thirty thousand diesel vehicles in europe after it was found they also manipulated emissions audi is now set to fork over one point three billion dollars in a payout to the state of california alone over this it's compounded by a four point three billion dollars settlement due to the us government the global cost of fines and compensation is estimated at around twenty two billion euros or more. and if you've ever suspected that online retailers recognize your account or ip address then proceed to boost the prices over time the federal trade commission says you may have been right a consumer watchdog prompted the f.t.c. investigation into around one thousand products on amazon's web site in june it noticed that sixty one percent of amazon's reference prices were higher than it had sold the same product four in just the previous ninety days this is bad news for consumers and it's coupled with a new move by a long time

looking fairly promising the opel round —— final round at the open at royal birkdale.nal at lord's, there is a chance of catching the odd shower. there will be lengthy sunny spells, it will fill warmer than it did on saturday. this is sunday evening, showers gradually fading but the area of rain i mentioned in scotland looking down across parts of north—east england and only gradually edging a bit further south and east during the day on monday. becoming lighter as it does so, elsewhere on monday a dryer picture, some warm sunny spells to be had away from that breeze, along the north sea coast and tuesday as a fine day for

why did gm sell opel? go back that macro looking back to the 90s, it was the gm cash cow.r the company. if you look back there has been nothing but losses since 1999. given that financial backdrop, in some ways you could ask yourself why it did not happen sooner. yourself why it did not happen sooner. the other aspect is that the car—maker had to be bailed out by the us government. that was general motors, during the financial crisis. there have been more questions about what it will look like going forward. in terms of the investment in europe, some of that did not make sense, to create cleaner diesel engines required for the european market, according to the seoul, only 20% of that actually overlapped with the rest of the general motors portfolio —— according to the ceo. in other words the technology in europe was not of much use in markets like the us, so then you saw how the numbers do not add up and they are using resources elsewhere. and what does this tell us about gm under the leadership of the ceo you just mentioned? i think the conclusion is that general motors i

opel is not part of this.tinue to monitor the situation, but are opel business is not involved in this regulatory issue in germany. jonathan: in terms of working practices, these working groups across the industry between various automakers, is that unusual or typical of the kind of business that happens in this industry? appears toertainly me in this case to be unusual. in different forums, there are toortunities for oems discuss issues, but specific to the german issue, based on what i have read and i'm not privy to information, that would be unusual. jonathan: are you reassessing internal practices following this? chuck: we operate a global business under an umbrella a very robust, control policy and compliance perspectives. we operate within that globally and we feel we have a robust process. i would not suggest that we would be revisiting that because we are not part of the situation that is going on in germany now. david: talk about stock price. it has been a source of frustration for you and your ceo. i