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Stories about: magna

Workers Don't Agree with GM Controlled Opel
Workers Don't Agree with GM Controlled Opel

3 Sep 2009, 15:06 UTC · By: Bogdan Popa / Even if General Motors plans to keep Opel and restructure the brand on its own, the former bankrupt US automaker might encounter more difficulties, other than the money needed to keep the company al...

 
GM Board to Meet on Opel's Future Today
GM Board to Meet on Opel's Future Today

2 Sep 2009, 07:37 UTC · By: Bogdan Popa / Members of GM's board will meet once again today, with the future of the German unit Opel the main entry on the agenda. However, a decision on who's the one to control Opel is now expected...

 
EU Warns Germany Over Opel State Aid
EU Warns Germany Over Opel State Aid

1 Sep 2009, 12:15 UTC · By: Bogdan Popa / Germany has a soft spot for Magna International and we all know it. Especially if we take into consideration Chancellor Angela Merkel's statements who repeatedly said she's ready to person...

 
GM Doesn't Want Russians to Control Opel
GM Doesn't Want Russians to Control Opel

31 Aug 2009, 09:55 UTC · By: Bogdan Popa / Two weeks ago, General Motors delayed a decision on choosing an Opel bidder but hasn't provided more details on the matter. Well, it appears that the American manufacturer actually has a very g...

 
GM Still Talking with Magna, RHJ
GM Still Talking with Magna, RHJ

28 Aug 2009, 13:57 UTC · By: Bogdan Popa / Even if the German government is pressuring General Motors to make a decision on Opel, it appears the American manufacturer is still discussing with Magna and RHJ, but the topics of the talks are st...

 
Germany: GM Keeping Opel Is Hardly Realistic
Germany: GM Keeping Opel Is Hardly Realistic

28 Aug 2009, 08:44 UTC · By: Bogdan Popa / According to the latest development of negotiations, the battle for Opel is now down to three companies: Magna, RHJ and General Motors, the current owner of the German brand who's willing to ke...

 
Germany Insists Obama Should Help Decide Opel Owner
Germany Insists Obama Should Help Decide Opel Owner

27 Aug 2009, 09:29 UTC · By: Bogdan Popa / Negotiations on the new owner for Opel continue, but Germany is still putting pressure on US officials who are insistently asked to step in and help General Motors pick the preferred bidder. General...

 
Peter Harbig to Head Honsel
Peter Harbig to Head Honsel

26 Aug 2009, 13:10 UTC · By: Daniel Patrascu / Peter Harbig, the former CEO of the one biggest independent automotive manufacturers in Germany, Karmann, will become the new head of automotive industry supplier Honsel, owned by Belgian holding RH...

 
Germany Could Accept RHJ as Opel Buyer
Germany Could Accept RHJ as Opel Buyer

26 Aug 2009, 12:33 UTC · By: Bogdan Popa / While General Motors says it is considering keeping Opel and cancel a potential sale to Magna or RHJ, the German government is willing to accept the offer submitted by the Belgium consortium RHJ. It...

 
Opel Buy May Hurt Magna
Opel Buy May Hurt Magna

26 Aug 2009, 12:28 UTC · By: Daniel Patrascu / As the official announcement concerning Opel draws ever closer, Austrian-Canadian manufacturer Magna begins to feel the pressure of their endeavor. As if the troubles it faces with GM and RHJ aren&#...

 
GM Considers Keeping Opel
GM Considers Keeping Opel

24 Aug 2009, 12:54 UTC · By: Daniel Patrascu / The lack of a decision about the future of GM's European asset Opel has caused a flood of angry statements coming from Germany, as well as speculation that in fact the American manufacturer is ...

 
Opel Union to Take "Spectacular Measures" Agains GM
Opel Union to Take "Spectacular Measures" Agains GM

24 Aug 2009, 09:57 UTC · By: Daniel Patrascu / The delay of Opel's sale late last week has stirred tons of angry remarks from German politicians, but this time an Opel labor leader, Klaus Franz, warned GM to take a decision this week, or el...

 
Merkel: Opel Decision Needed "Urgently"
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
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
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
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
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
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...

 
Vauxhall Unions Oppose Magna's Bid
Vauxhall Unions Oppose Magna's Bid

17 Aug 2009, 10:10 UTC · By: Bogdan Popa / A new day, a new chapter in Opel's months-long story. Unfortunately, for the Canadian - Austrian parts manufacturer, things are getting worse as the British labor union Unite is opposing Magna&...

 
GM Plays Down Quick Decision on Opel
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...