Mandelson in Vauxhall rescue talks
Updated on 27 May 2009
Business Secretary Lord Mandelson has said the Government has "not ruled out" a financial contribution to help secure the future of car maker Vauxhall.
According to the Financial Times, he held "substantial telephone conversations" on Tuesday with the bosses of Vauxhall's parent companies.
His reported intervention comes ahead of an imminent decision by the German government to name a preferred bidder for General Motors' European arm Opel and Vauxhall.
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