GM Still Talking with Magna, RHJ
28 Aug 2009, 13:57 UTC · By: Bogdan Popa / Even if the German government is pressuring General Motors to make a decision on Opel, it appears the American manufacturer is still discussing with Magna and RHJ, but the topics of the talks are st...
Germany: GM Keeping Opel Is Hardly Realistic
28 Aug 2009, 08:44 UTC · By: Bogdan Popa / According to the latest development of negotiations, the battle for Opel is now down to three companies: Magna, RHJ and General Motors, the current owner of the German brand who's willing to ke...
Germany Insists Obama Should Help Decide Opel Owner
27 Aug 2009, 09:29 UTC · By: Bogdan Popa / Negotiations on the new owner for Opel continue, but Germany is still putting pressure on US officials who are insistently asked to step in and help General Motors pick the preferred bidder. General...
Germany Could Accept RHJ as Opel Buyer
26 Aug 2009, 12:33 UTC · By: Bogdan Popa / While General Motors says it is considering keeping Opel and cancel a potential sale to Magna or RHJ, the German government is willing to accept the offer submitted by the Belgium consortium RHJ. It...
GM Can't Afford to Keep Opel
25 Aug 2009, 14:18 UTC · By: Daniel Patrascu / Recent reports claiming American manufacturer GM has had a change of heart and is now trying to raise money to keep Opel have stirred both controversy and anger in Germany. With Opel's fate mor...
AvtoVAZ to be Headed by Igor Komarov
25 Aug 2009, 12:15 UTC · By: Daniel Patrascu / Troubled Russian manufacturer AvtoVAZ will get a new president in the following days, as its former head, Boris Alyoshin, decided to step down, Russian media reported on Tuesday. He will be replaced...
Opel Workers Want Vacation Bonuses Back, First Warning Shot
25 Aug 2009, 08:30 UTC · By: Daniel Patrascu / As promised yesterday by labor chief Klaus Franz, Opel workers have begun the guerilla warfare against the American manufacturer. Their first move was to announce they are want, all 25,000 of them, ...
Obama Stays Out of GM's Opel Decision
25 Aug 2009, 08:14 UTC · By: Bogdan Popa / Even if German Chancellor Angela Merkel said she would personally intervene to support Magna in the negotiations with General Motors, US President Barack Obama says he won't get involved in the...
Opel Ampera at Frankfurt Auto Show
25 Aug 2009, 06:44 UTC · By: Bogdan Popa / The Frankfurt Auto Show, scheduled to open its doors in September, will also witness the first public appearance of the new Opel Astra and Ampera, two models that feature several improvements in ter...
GM Considers Keeping Opel
24 Aug 2009, 12:54 UTC · By: Daniel Patrascu / The lack of a decision about the future of GM's European asset Opel has caused a flood of angry statements coming from Germany, as well as speculation that in fact the American manufacturer is ...
Opel Union to Take "Spectacular Measures" Agains GM
24 Aug 2009, 09:57 UTC · By: Daniel Patrascu / The delay of Opel's sale late last week has stirred tons of angry remarks from German politicians, but this time an Opel labor leader, Klaus Franz, warned GM to take a decision this week, or el...
Merkel: Opel Decision Needed "Urgently"
24 Aug 2009, 08:27 UTC · By: Daniel Patrascu / After the decision regarding the future owner of GM's Opel was not taken, as expected, last week, German politicians stepped in and criticized both GM and the US which, in their opinion, now ho...
New Opel Astra Tuned by Irmscher
24 Aug 2009, 08:06 UTC · By: Bogdan Popa / Even if the new Opel Astra is yet to be released, tuning houses around the world have started to produce aftermarket upgrades for the car which is expected to be at least as successful as the model ...
GM Delays Opel Sale, Angries Germany
23 Aug 2009, 09:26 UTC · By: Daniel Patrascu / Fed up with all the delaying GM chooses to do over the sale of its European unit Opel, German officials lashed out at the American manufacturer and US government alike yesterday. The most fierce com...
Merkel Says RHJ Has Slim Chances to Buy Opel
21 Aug 2009, 10:32 UTC · By: Bogdan Popa / It appears that today we're finally going to find out the name of the new Opel owner but even so, officials involved in the matter continue to discuss on the chances the two interested suitors ...
GM, Magna, Sberbank to Meet Today
21 Aug 2009, 09:39 UTC · By: Bogdan Popa / Although we're not sure this is the long-awaited end of the Opel selling process, reports are indicating that General Motors will meet with Magna International and its Russian partner Sberbank ...
Germany to Give More Money if GM Accepts Magna
20 Aug 2009, 08:08 UTC · By: Bogdan Popa / RHJ International is slowly losing ground in the race for Opel as German officials are putting pressure on GM's shoulders and ask the former bankrupt automaker to accept the offer submitted by ...
Germany Says Opel Will Be Sold This Week
19 Aug 2009, 15:09 UTC · By: Bogdan Popa / Even if some officials close to the matter hinted that there's no chance to see Opel finding a new investor sooner than the September elections, German economics minister Karl-Theodor zu Gutten...
GM and Koenigsegg Sign Stock Purchase for Saab
18 Aug 2009, 08:19 UTC · By: Daniel Patrascu / Unlike the other GM European unit, Opel, Saab's sale seems to go much smoother, as today GM announced a new step was taken for completing the sale of the Swedish manufacturer. Together with buy...
Vauxhall Corsa Gets VXR Styling Range
18 Aug 2009, 07:02 UTC · By: Alina Dumitrache / As we informed you, the British labor union Unite is opposing Magna’s takeover bid for Opel/Vauxhall, as some leaked documents showed the Canadian - Austrian partsmaker would fire more than 1,...