Magna's Plans for Opel Detailed
1 Jun 2009, 09:32 UTC · By: Bogdan Popa / Now that the German government has sealed a deal with Magna International, we're extremely curious to find out how the Opel future will look like, especially given the so many reports hinting t...
Obama Backed Magna, Germans Celebrate
30 May 2009, 17:40 UTC · By: Daniel Patrascu / As we already told you earlier today, the German government and the American manufacturer GM came to an understanding regarding the future owner of Opel. Now, thanks to German chancellor Angela Merk...
Magna Takes Opel
30 May 2009, 10:20 UTC · By: Daniel Patrascu / The month long battle between Italian manufacturer Fiat and Austrian Canadian company Magna is finally over, as the German government decided which of the two is the better suitor. Following a six h...
Fiat Backs Down on Opel Deal
29 May 2009, 09:35 UTC · By: Daniel Patrascu / It is unclear yet whether this is just a mean for Fiat to twist the German government's arm or a real sign that Fiat will give up on Opel out of frustration at rival bidder Magna, but the Itali...
China's BAIC Still in the Race for Opel
28 May 2009, 14:16 UTC · By: Bogdan Popa / Once again Chinese automakers make the headlines but this time not following a shameless clone that perfectly resembles the appearance of an European car. Fortunately, Chinese manufacturers are agai...
No Winner on Opel Lottery
28 May 2009, 06:57 UTC · By: Daniel Patrascu / The months of talks, bids and threats regarding the future of German manufacturer Opel have accounted for nothing so far, as the talks held yesterday between the involved parties have not reach any ...
Fiat Submits Revised Proposal to Opel
26 May 2009, 12:47 UTC · By: Bogdan Popa / Fiat and more specifically, the company's CEO Sergio Marchionne, insists every once in a while that the Italian manufacturer is the right choice when it comes to Opel's new investor and po...
Marchionne Says Fiat's "No-Cash" Offer Is the Best Opel Could Get
26 May 2009, 08:47 UTC · By: Bogdan Popa / Sergio Marchionne, who currently plays one of the key roles in Opel's selling saga, continues his efforts to convince the German government and GM Europe that Fiat is the right solution for Ope...
China's BAIC Interested in Opel, Fiat to Fire 10,000
25 May 2009, 09:22 UTC · By: Bogdan Popa / The Opel saga continues with some fresh reports on the subject, this time surrounding a potential new bidder that might get involved in the acquisition process. According to a report by autocar.co.u...
Bankruptcy Still an Option for Opel, German Official Reveals
25 May 2009, 08:07 UTC · By: Bogdan Popa / Even if Fiat and Magna International are now fighting to take over the German ailing brand Opel, bankruptcy might still remain an option unless the two companies improve their bids, said Economy Min...
Magna Confirms Bid for Opel
24 May 2009, 21:14 UTC · By: Bogdan Popa / After weeks of uncertainty, the Canadian-Austrian car company Magna International reckoned that it has submitted a bid for the German ailing brand Opel. Just as we told you in our previous coverage ...
Germany Wants Magna
22 May 2009, 12:28 UTC · By: Daniel Patrascu / Despite the confident stance Fiat's CEO Sergio Marchionne has about his company's bid for Opel, it would appear the German officials are leaning towards Magna when talking about who submit...
Marchionne Confident in Opel Deal
21 May 2009, 14:55 UTC · By: Daniel Patrascu / Following the brief press release in which Fiat confirmed it had submitted its offer to take over Opel to the German goverment, the Italian company's CEO Sergio Marchionne now says he has about...
Magna Wants to Use Opel to Conquer Russia
21 May 2009, 10:36 UTC · By: Bogdan Popa / Magna has fairly ambitious plans when it comes to Opel, the German brand it is now struggling to buy. According to a report by the German daily Rheinische Post, Magna International plans to use Opel...
Fiat Submits Bid for Opel
21 May 2009, 09:20 UTC · By: Daniel Patrascu / As if nobody knew by now, Fiat has issued yesterday a press release through which it confirms its interest in Opel and admits it has submitted a bid for both the German unit of GM and its UK counter...
GM Europe Confirms: There Are Three Bidders for Opel!
21 May 2009, 07:47 UTC · By: Bogdan Popa / OK, here's a new thing: although all rumors surrounding Opel's selling process were more or less related to Fiat and Magna International, it appears a third investor is also interested in ...
Magna Could Use Opel to Build Cars for Peugeot, Ford
18 May 2009, 07:27 UTC · By: Bogdan Popa / Magna International, one of the interested parties to purchase the German manufacturer Opel, said it could use the ailing automaker to produce cars for other brands, including Ford and Peugeot. The ...
GAZ Confirms It Wants to Buy Opel
12 May 2009, 14:20 UTC · By: Bogdan Popa / After weeks of denial, the Russian automaker GAZ finally confirmed all those reports claiming it plans to buy the German ailing unit Opel. Basically, the Russian company admitted it wants to join fo...
Opel Buyer to Be Announced by the End of May
12 May 2009, 09:25 UTC · By: Bogdan Popa / The Opel odyssey is slowly but surely coming to an end. And this end might take place as soon as the end of May, according to Fritz Henderson, the newly-appointed General Motors CEO. During a new co...
Germany Braces for GM Bankruptcy
10 May 2009, 13:07 UTC · By: Daniel Patrascu / With talk of the possible future owner of the German brand continuously intensifying, the German government has to take into account a possible filing for bankruptcy of Opel’s current mother c...