Opel Suitors Asked to Improve Bids
3 Aug 2009, 09:56 UTC · By: Bogdan Popa / It happens again and it will most likely happen in the future as well. Opel's suitors, now counting only two of them, are asked one more time to improve their bids in case they really want to b...
Opel, RHJ or Bankruptcy
3 Aug 2009, 06:54 UTC · By: Daniel Patrascu / The battle for Opel is far from over and, up until now, the only foreseeable casualty is the German car manufacturer itself. The disagreements between the German government and still Opel's own...
BAIC Keeps an Eye on Volvo
31 Jul 2009, 13:28 UTC · By: Bogdan Popa / BAIC, who has been most recently linked with an Opel takeover proposal, is now interested in purchasing the Swedish ailing manufacturer Volvo. The Chinese manufacturer has already announced it is lo...
GM Won't Buy Opel Back
31 Jul 2009, 10:59 UTC · By: Bogdan Popa / After RHJ International this week admitted it would sell Opel back to GM after it completes restructuring, John Smith GM group vice president and GM’s chief negotiator for the sale of Opel sai...
Opel Negotiations Could Take "Longer Than Expected"
31 Jul 2009, 10:35 UTC · By: Bogdan Popa / Is somebody out there who still believes Opel will be sold soon? Because this sounds like a neverending story, as reports on the matter keep coming, revealing all kind of deadlines for the German ma...
Ford Craves Opel's Leftovers
31 Jul 2009, 08:54 UTC · By: Bogdan Popa / Even if some people believe that Chinese Geely is close to buying Volvo, there's no way to see that in the near future, at least not until Opel's situation gets clarified. What's the ...
Penske-Saturn Deal on Track
30 Jul 2009, 08:28 UTC · By: Daniel Patrascu / Unlike its European counterpart Opel, American brand Saturn has not caused much of a stir in the States when it was put up for sale. And, again, unlike Magna's now uncertain takeover of Opel, P...
GM: RHJ Favorite for Opel
29 Jul 2009, 07:57 UTC · By: Daniel Patrascu / As the official announcement regarding the future owner of Opel draws ever closer, the battle between General Motors and German officials heats up, as it is now obvious the two sides favor different...
Sberbank Confident Magna Will Buy Opel This Week
29 Jul 2009, 07:18 UTC · By: Bogdan Popa / Sberbank, Magna's Russian partner who supports the Canadian - Austrian parts manufacturer into buying Opel, says the German government is expected to issue a final decision on the matter by the...
Magna Improves Opel Bid. Again.
28 Jul 2009, 14:17 UTC · By: Bogdan Popa / Magna International once again improved its bid for Opel, a German government source revealed, despite the fact that the Canadian-Austrian manufacturer said that its previous proposal was actually a...
BAIC Seeks New Partner Outside China
28 Jul 2009, 09:33 UTC · By: Bogdan Popa / Even if it failed to convince GM Europe and Germany to hand it over the Opel ownership, BAIC is still seeking for an international partner outside China, a company official said a few days ago. Addi...
Magna Would Cut 1,200 Vauxhall Jobs in Britain
28 Jul 2009, 08:44 UTC · By: Bogdan Popa / And here we go again... A new day, a new story surrounding the future of Opel/Vauxhall. This time it's about Magna, the Canadian - Austrian parts manufacturer who's still in the battle for...
Chevrolet Volt Does Sixty in 8.5 Seconds
28 Jul 2009, 07:18 UTC · By: Bogdan Popa / Despite the fact that Chevrolet Volt is one popular unlaunched model, only a little is actually known about the performance figures the plug-in hybrid is capable to achieve. In a webchat on a GM blo...
Opel Unions Want Veto Right
27 Jul 2009, 14:58 UTC · By: Daniel Patrascu / The uncertainty in which Opel has been thrown since GM decided Magna is no longer good enough for its European asset is making German unions ask for more influence when it comes to the choice of Ope...
BAIC Still Looking to Buy Opel
27 Jul 2009, 13:45 UTC · By: Bogdan Popa / BAIC is probably thinking that GM Europe is playing hard to get when it comes to Opel so the Chinese a few days ago re-confirmed their interest in the German brand, hinting that they agree to discus...
RHJ Admits It Could Sell Opel Back to GM
27 Jul 2009, 07:31 UTC · By: Bogdan Popa / RHJ International, one of the two bidders who're still in the race for Opel, admitted a few days ago that it could sell Opel back to General Motors after it completes the restructuring process....
BAIC Lost Opel Due to Intellectual Property Issues
24 Jul 2009, 10:40 UTC · By: Bogdan Popa / BAIC lost the battle for Opel, as General Motors indirectly revealed a few days ago, but nobody knew exactly why. The fight for the German brand is now down to two companies, RHJ International and M...
Opel Debuts LPG Corsa, Meriva, Astra Station Wagon
23 Jul 2009, 14:08 UTC · By: Bogdan Popa / While the company is still fighting for survival and tries to find another investor to keep it alive, Opel continues normal marketing and today debuted five new LPG models which are obviously aimed ...
Magna, RHJ Still in Play for Opel, BAIC Out of the Deal
23 Jul 2009, 08:27 UTC · By: Bogdan Popa / After receiving three improved bids on Monday, General Motors has finally decided: it will continue negotiations with both Magna and RHJ International. The American manufacturer made the announcemen...
GM India: Bring an Opel, Get a Chevy
22 Jul 2009, 09:22 UTC · By: Bogdan Popa / While Opel fights for survival in Europe, General Motors is pursuing a new buy-back scheme in India where it tries to phase out the remaining Opel Astras and Corsas. Basically, GM India is encouragi...