Magna Delays Opel Takeover Meeting to July 14
7 Jul 2009, 08:52 UTC · By: Bogdan Popa / One step forward and two steps back. This seems to be Magna's favorite motto these days as the company initially wanted to assure everybody that it is still favorite to take over Opel but is no...
Opel Insignia OPC Prices Announced
7 Jul 2009, 08:30 UTC · By: Bogdan Popa / Opel Insignia OPC, the sportiest flavor of the Insignia, will be priced at 44,900 euro for the sedan version in Germany, the parent company revealed in a release. The OPC version of the Car of the Y...
New Astra - Cooler Interior Than Insignia
7 Jul 2009, 07:15 UTC · By: Bogdan Popa / The new Opel Astra is going to boast a higher quality interior compared to Insignia's, despite the fact that the new generation is actually using some design cues from this particular model. Fo...
BAIC Enters Bid for Opel
6 Jul 2009, 07:03 UTC · By: Daniel Patrascu / Putting an end to recent talk of their possible bid for Opel, Chinese manufacturer BAIC has made a take-over offer for German brand Opel. According to a German newspaper, quoted by Autonews, the Chi...
Magna - Opel Deal Almost Done
5 Jul 2009, 08:43 UTC · By: Bogdan Popa / We are now days away from the end of what seems to be one of the most thrilling automaker takeovers we’ve ever seen. At least, this is what GM Europe says, hinting that the Canadian – Au...
Britain Ready to Help Opel/Vauxhall Takeover
3 Jul 2009, 14:05 UTC · By: Bogdan Popa / As the negotiations between Magna International and Opel came to a dead end, the United Kingdom government stepped in front of the media and announced its support for the German brand and its sister...
Magna to Get Past Opel Problems by July 7
3 Jul 2009, 14:03 UTC · By: Bogdan Popa / As we told you a few days ago, negotiations between Magna International and Opel reached a dead end as some issues between the two are blocking the Canadian - Austrian parts manufacturer from comple...
GAZ Fires 5,800, Prepares Opel Production
2 Jul 2009, 14:58 UTC · By: Bogdan Popa / Russian automaker GAZ Group, one of the companies involved in the over-debated Opel selling process, announced its decision to cut its workforce by 5,800 employees in a move supposed to help the com...
BAIC Prepares Bid for Opel
2 Jul 2009, 09:29 UTC · By: Bogdan Popa / Chinese manufacturer BAIC seems to be really enthusiastic with its plans to take over the German ailing unit Opel and is now finalizing a takeover proposal expected to be submitted to General Motors...
RHJ Close to Snatching Opel
30 Jun 2009, 14:47 UTC · By: Bogdan Popa / And the saga continues. This time, the main character is RHJ International which is reportedly close to snatching the German brand Opel. As you probably known from the millions of reports on the mat...
Opel to Keep 300M Euros as Backup Funds
30 Jun 2009, 11:58 UTC · By: Bogdan Popa / With some voices hinting that Magna might fail to takeover Opel, the German brand is still relying on the 1.5 billion loan it received from the local government. And given the current rumors that th...
Opel Insignia Sports Tourer ecoFLEX Details
30 Jun 2009, 09:30 UTC · By: Daniel Patrascu / Opel's ecoFLEX technology will be featured on the Insignia Sports Tourer as well, starting this fall, promising reduced fuel consumption ratings for the wagon version of the 2009 European Car o...
Opel: Magna to Close Deal by Mid-September
29 Jun 2009, 13:35 UTC · By: Bogdan Popa / The Magna - Opel takeover is surely one of the most complicated deals in the auto sector, with all kinds of reports hinting either that the Canadian parts manufacturer might lose the German brand or...
GM to Idle Russian Plant
29 Jun 2009, 13:19 UTC · By: Daniel Patrascu / The stalemate in which the deal between GM and Magna seems to have got into is forcing the bankrupt American manufacturer to idle its Russian operations for at least two months. Of course, GM cites ...
Magna in Trouble, Opel Bound for BAIC, RHJ
29 Jun 2009, 08:23 UTC · By: Bogdan Popa / Even if Magna International continues its efforts to secure the Opel deal by mid-September, General Motors has signed non-binding agreements with China's Beijing Automotive and Belgium's R...
Fiat Won't Improve Opel Bid
29 Jun 2009, 06:47 UTC · By: Bogdan Popa / Fiat is now trying a different approach strategy when it comes to buying Opel. After struggling to convince the German government that Opel would have a bright feature under their umbrella, the Ital...
Opel GT with CJ5 Jeep Drivetrain for Sale on eBay
25 Jun 2009, 14:50 UTC · By: Alina Dumitrache / Though it might sound like a special edition launched by German automaker, it is only a 1969 Opel GT with a 1985 CJ7 Jeep frame, a 1978 CJ5 Jeep drivetrain, and a 78 CJ5 (3 speed) transmission and t...
China's SAIC Might Purchase Opel Insignia Platform
24 Jun 2009, 12:12 UTC · By: Bogdan Popa / And here we go again.. The Chinese manufacturer Shanghai Automotive Industry Corp, mostly known as SAIC, intends to purchase the Buick Regal platform, the same on which is based Opel's Insignia...
Opel Could Axe New Car Prices by 40 Percent
22 Jun 2009, 08:32 UTC · By: Bogdan Popa / GM Europe's German unit might turn to a surprising measure to cope with the recession, boost sales and thus, protect jobs: it might cut prices by as much as 40 percent, a report by Bloomberg.co...
Ripplewood-GM in Talks for Opel
20 Jun 2009, 17:02 UTC · By: Daniel Patrascu / How more twisted can the Opel story get? After at the end of last month we thought this is getting closer to be over, reports which surfaced these past two weeks claim GM's German brand is stil...