Magna Confirms Bid for Opel
24 May 2009, 21:14 UTC · By: Bogdan Popa / After weeks of uncertainty, the Canadian-Austrian car company Magna International reckoned that it has submitted a bid for the German ailing brand Opel. Just as we told you in our previous coverage ...
Germany Wants Magna
22 May 2009, 12:28 UTC · By: Daniel Patrascu / Despite the confident stance Fiat's CEO Sergio Marchionne has about his company's bid for Opel, it would appear the German officials are leaning towards Magna when talking about who submit...
Marchionne Confident in Opel Deal
21 May 2009, 14:55 UTC · By: Daniel Patrascu / Following the brief press release in which Fiat confirmed it had submitted its offer to take over Opel to the German goverment, the Italian company's CEO Sergio Marchionne now says he has about...
Fiat 500C by Diesel to Be Auctioned for Charity Purpose
21 May 2009, 14:52 UTC · By: Alina Dumitrache / In the Cinema Against AIDS Gala, held to benefit the American Foundation for AIDS Research (AmFar), Fiat will offer an exclusive 500C variant created in collaboration with the Italian jeanswear hous...
Magna Wants to Use Opel to Conquer Russia
21 May 2009, 10:36 UTC · By: Bogdan Popa / Magna has fairly ambitious plans when it comes to Opel, the German brand it is now struggling to buy. According to a report by the German daily Rheinische Post, Magna International plans to use Opel...
Fiat Submits Bid for Opel
21 May 2009, 09:20 UTC · By: Daniel Patrascu / As if nobody knew by now, Fiat has issued yesterday a press release through which it confirms its interest in Opel and admits it has submitted a bid for both the German unit of GM and its UK counter...
GM Europe Confirms: There Are Three Bidders for Opel!
21 May 2009, 07:47 UTC · By: Bogdan Popa / OK, here's a new thing: although all rumors surrounding Opel's selling process were more or less related to Fiat and Magna International, it appears a third investor is also interested in ...
Robert Kidder, Chrysler's New Chairman
21 May 2009, 07:19 UTC · By: Daniel Patrascu / As you already know by now, following Chrysler's exiting the bankruptcy process, Robert Nardelli will leave the company. The American manufacturer today announced his successor: Robert Kidder,...
Saab Confirms It Has Picked Out 3 Investors
20 May 2009, 07:05 UTC · By: Bogdan Popa / And the story continues... It seems like those involved in Saab's future are really planning to make the whole selling process one of the longest soap operas of this era, with lots of reports, ...
Fiat Forms New Joint Venture in China
19 May 2009, 14:52 UTC · By: Bogdan Popa / Seriously now, will Fiat ever come to a stop? After forming the so long discussed alliance with the already-bankrupt automaker Chrysler and now hunting GM Europe for purchasing the German brand Opel...
Sport Divisions in the Spotlight - Abarth
18 May 2009, 14:44 UTC · By: Bogdan Popa / Sport divisions continue to play a key role for every single automaker that owns one and, despite the difficult economic conditions we're now living in, sport and high-performance cars are stil...
Saab: Bidder, Bidder, Where Art Thou?
18 May 2009, 13:00 UTC · By: Daniel Patrascu / The Saab struggle may very well become longer (although not as glamorous) than the ones of American manufacturers GM and Chrysler. After repeated statements in which two, three, ten, countless compa...
Fiat Pledges to Protect Italian Jobs...
18 May 2009, 07:29 UTC · By: Bogdan Popa / ... although this might sound far-fetched for some of you. The Italian automaker promised it would not cut jobs in the domestic market if it receives government assistance, the Italian Industry Mini...
Chrysler-Fiat Alliance Gets the Green Light From US FTC
15 May 2009, 07:27 UTC · By: Bogdan Popa / Although some people said that a potential alliance between Chrysler and Fiat would result in one of the biggest automakers in the US that could rule the roost in the country, the US Federal Trade C...
Fiat's Luca de Meo Moves to Volkswagen
14 May 2009, 14:31 UTC · By: Bogdan Popa / Volkswagen has just announced that Luca de Meo, who has been working for Fiat, Alfa Romeo and Abarth, will join the German manufacturer and will become responsible for marketing at the VW Passenger ...
Fiat 500 Mini SUV on the Table
14 May 2009, 11:02 UTC · By: Bogdan Popa / Don't ask us what are they thinking, but the Italian automaker Fiat is apparently working on a mini SUV model based on the already-popular and over-discussed 500. Details are obviously in the v...
Piech: Fiat-Chrysler-GME, Three Sick People in One Bed
13 May 2009, 08:35 UTC · By: Daniel Patrascu / Leaving aside the civil war he has to face at home against Wolfgang Porsche, Ferdinand Piech took a moment to look at what may become Volkswagen Group's most fierce competition: the possible Fi...
Marchionne Denies Suzuki's Involvement in Fiat-Opel Alliance
12 May 2009, 14:54 UTC · By: Bogdan Popa / A new day, a new rumor regarding Fiat's alliance with Opel. This time we're talking about Suzuki, the Japanese manufacturer which, according to some Italian newspapers, might also join the...
Ghosn Sticks with Nissan
12 May 2009, 14:54 UTC · By: Daniel Patrascu / After Nissan posted a $1.4 billion net loss for 2008, the company's CEO Carlos Ghosn stepped in and said he would not resign before the Japanese manufacturer gets back on track and returns to p...
GAZ Confirms It Wants to Buy Opel
12 May 2009, 14:20 UTC · By: Bogdan Popa / After weeks of denial, the Russian automaker GAZ finally confirmed all those reports claiming it plans to buy the German ailing unit Opel. Basically, the Russian company admitted it wants to join fo...