Magna Says It Has Enough Money to Buy Opel, Fires 725 Workers in Canada
30 Apr 2009, 14:52 UTC · By: Bogdan Popa / The long stopry short: Magna International has recently been linked with an Opel acquisition, with the officials of the company hinting that it has enough money to purchase the German unit. Meanwhil...
Zaragoza Rolls Out Ten Millionth Opel
30 Apr 2009, 13:59 UTC · By: Bogdan Popa / Although things within the company are far from going well, with Opel fighting for survival ever since January 2009, the company finds its very unique occasions to open a new bottle of champagne and...
The Good Samaritan: Magna's Stronach Wants Only to Help Opel
30 Apr 2009, 09:12 UTC · By: Tudor Raiciu / If you've been reading our reports, you must have heard the rumors that Opel is being disputed by Magna International and Russian oligarch Oleg Deripaska on one side and sneaky Fiat on the othe...
GM to Continue Opel Negotiations Till May, Hints at Possible Sale
29 Apr 2009, 15:26 UTC · By: Bogdan Popa / There are a lot of rumors surfacing these days when it comes to GM's German unit Opel but, according to General Motors' new CEO Fritz Henderson, negotiations regarding a potential investme...
Fiat vs. Magna in Opel Majority Stake
29 Apr 2009, 10:09 UTC · By: Bogdan Popa / Although nobody knows for sure whether the German automaker Opel can get through the crisis as an independent company or under General Motors' umbrella, Fiat and Magna are now challenging one a...
Germany Eyes Magna for Opel Investment
28 Apr 2009, 12:20 UTC · By: Daniel Patrascu / The German Economy Minister Karl-Theodor zu Guttenberg is meeting today representatives of Magna to discuss a possible investment of the company in GM's Opel. This comes as a result of a possib...
Fiat CEO: Some Automakers Must Shrink!
24 Apr 2009, 14:09 UTC · By: Bogdan Popa / With the Fiat - Chrysler alliance negotiations making the headlines every day, Sergio Marchionne, chief executive of the Italian automaker, insisted that some automakers must indeed bite the dust be...
Fiat Submits Bid for Opel
23 Apr 2009, 15:44 UTC · By: Daniel Patrascu / With a swift blow to Chrysler's groin, Fiat has submitted an offer to take over Opel, one of GM's brands. Or at least this is what recent reports claim, backed by Klaus Franz's, chair...
Chinese Buyers Interested in Opel, 500M Euros Minimum Expected
21 Apr 2009, 13:03 UTC · By: Bogdan Popa / Opel's soap-opera continues with a new episode, this time involving Chinese companies who are reportedly interested in buying GM's German unit. According to a report by Autonews, sources f...
Fiat Denies Rumors, Says Not Interested in Opel
17 Apr 2009, 16:03 UTC · By: Bogdan Popa / Following a report that Fiat may turn its attention on Opel in case the Chrysler alliance becomes impossible, Fiat Chairman Luca Cordero di Montezemolo came out and denied the speculation, saying th...
Opel Says There Is Life after GM's Chapter 11
17 Apr 2009, 12:53 UTC · By: Bogdan Popa / Even if parent company General Motors bites the dust and files for Chapter 11 bankruptcy protection, the German unit Opel has the ability to remain in business and to continue its operations in norm...
Confirmed: Opel Insignia OPC to Be Launched in Barcelona
16 Apr 2009, 09:33 UTC · By: Bogdan Popa / General Motors has finally confirmed that the high-performance flavor of the already-popular Opel Insignia will be officially unveiled on May 7 at the Barcelona Motor Show. This upgraded version of ...
Opel Generates Enough Money to Survive for 4 Months
15 Apr 2009, 10:47 UTC · By: Bogdan Popa / General Motors' German unit Opel is currently generating enough money to remain in business during the next four months, a report issued by local newspaper Bild Zeitung claims citing sources cl...
SAIC Planning to Buy GM's Vauxhall?
13 Apr 2009, 15:47 UTC · By: Bogdan Popa / Even though we're again dealing with some kind of rumor, this is the second time in a few days when Shanghai car-maker SAIC makes the headline with some surprising industry news. According to a...
Abu Dhabi Denies Interest in Opel
13 Apr 2009, 10:00 UTC · By: Daniel Patrascu / Following increasing reports that Abu Dhabi based Aabar Investment and some other Arab investment funds want to either raise the stake in Daimler or take over GM owned Opel, Abu Dhabi ...
2010 Opel Astra Unofficial Photos and Specs
9 Apr 2009, 10:18 UTC · By: Bogdan Popa / Details regarding the 2010 Opel Astra are pretty ambiguous at this time, but the guys over at Auto Motor und Sport have just revealed some new unofficial specs of the upcoming model. As you can see ...
Abu Dhabi Royal Family Wants Opel...
6 Apr 2009, 14:38 UTC · By: Daniel Patrascu / ...not a vehicle, but the entire company. At least this is what the Westdeutsche Allgemeine Zeitung newspaper claims, as it quoted Sheikh Hamdan saying that, even if this is so, "no decision ha...
Opel Zafira 1.7 CDTI ecoFlex - The Most Fuel Efficient Diesel in its Class
6 Apr 2009, 09:49 UTC · By: Bogdan Popa / There's no doubt the economic recession has changed the way people and automakers talk about cars, with new trends mostly related to fuel consumption and carbon footprints. Opel says it has rea...
GM Denies Is Requested Vauxhall Support in the UK
1 Apr 2009, 10:30 UTC · By: Bogdan Popa / A recent media report issued by The Financial Times newspaper claimed General Motors requested around 600 million pound ($859 million) from the United Kingdom government to support its Vauxhall unit...
Spyshots: 2010 Opel Insignia OPC
1 Apr 2009, 09:27 UTC · By: Bogdan Popa / What we have here are the newest spyshots showing the OPC flavor of the last-generation Opel Insignia, a model that brings several styling and engineering upgrades over the standard Insignia. Just l...