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...
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 Plays Down Quick Decision on Opel
17 Aug 2009, 08:15 UTC · By: Bogdan Popa / Opel's selling negotiations continue these days and, as far as GM and Germany are concerned, they will continue for a long time from now on. Both the Opel owner and the German state denied rumo...
Magna Says Opel Issues Solved
14 Aug 2009, 13:25 UTC · By: Bogdan Popa / Magna International, the Canadian - Austrian parts manufacturer who's still in the race for securing the Opel deal, says it has resolved all the issues General Motors spotted in the takeover pr...
GM Confirms New Magna Bid for Opel
14 Aug 2009, 11:01 UTC · By: Bogdan Popa / And here we go again... Just as we told you yesterday, Magna submitted a new takeover proposal for Opel that probably contains a couple of revisions to solve the issues Opel's officials told us...
GM Makes Progress in Opel Negotiations
13 Aug 2009, 14:51 UTC · By: Bogdan Popa / Negotiations continue between General Motors and Germany on one side and Magna and RHJ International on the other and the American manufacturer says they're making a significant progress. Howev...
Opel Owner Decided After German Elections?
13 Aug 2009, 07:48 UTC · By: Bogdan Popa / Things remain uncertain for Opel, even if the battle for the majority package is now down to two bidders. With talks slowed down by a number of issues spotted in the takeover proposal, people are wo...
GM Wants to Get Rid of Opel as Quickly as Possible
12 Aug 2009, 10:25 UTC · By: Bogdan Popa / Even if negotiations between the interested Opel bidders and General Motors seem to go on forever, the American manufacturer wants to get rid of the German brand as soon as possible. GM Chief Financ...
GM, RHJ Negotiated Opel Takeover Contract
10 Aug 2009, 10:40 UTC · By: Bogdan Popa / While negotiations over the future owner for Opel continue between the four parts involved (General Motors, Germany, RHJ and Magna International), the CEO of the Belgium investor says his company ha...
RHJ Might Revise Opel Takeover Bid
10 Aug 2009, 09:12 UTC · By: Bogdan Popa / The Opel selling saga is far from being over as the two suitors, Magna and RHJ, are challenging one another with new bids every once in a while. This time, the Belgian investor is looking to improve...
"Little Progress" Made in Opel Talks
7 Aug 2009, 09:28 UTC · By: Bogdan Popa / Negotiations between Germany and Opel on one side and the two interested bidders, RHJ and Magna, on the other continue but only "little progress" was made these days, John Smith, GM Group ...
GM and Magna Move Closer Together
5 Aug 2009, 12:51 UTC · By: Daniel Patrascu / With a final decision on the future of German manufacturer Opel looming, reports started coming in saying American manufacturer GM and Magna have already began narrowing the gap between their points...
Opel Sold by Weekend, Germany Promises
5 Aug 2009, 08:26 UTC · By: Bogdan Popa / Opel's future is still undecided, despite that officials of both RHJ and Magna International met with General Motors and German representatives. And even some voices are hinting that reaching a...
GM Unsure Who's Better for Opel
4 Aug 2009, 14:15 UTC · By: Bogdan Popa / Opel's search for a new father will last longer than expected and we got this from the gazillion reports on the matter we rolled out every once in a while. Such an example is today's news ...
Magna Could Fire Over 3,000 Opel Workers
3 Aug 2009, 13:46 UTC · By: Bogdan Popa / In case it manages to convince both the German government and GM Europe that it deserves to be the new Opel owner, Magna International could fire over 3,045 jobs in Germany. German magazine Wirtscha...
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...