Magna improves its offer for Opel, German gov’t source says
Magna International has improved its offer for Opel, a German government source said on Tuesday.
Read moreMagna International has improved its offer for Opel, a German government source said on Tuesday.
Read moreMagna International has increased the amount of upfront capital it would inject into its offer for Opel, a German government source said on Tuesday. The revised bid leaves the total proposed investment at some 500 million euros ($713.
Read moreAlthough it was sold for only seven model years, the life of the Plymouth Duster spans the automotive landscape of the 1970s. The two-door Duster, the fastback flagship of Plymouth’s long-serving, entry-level Valiant line, debuted in the 1970 model year – arguably the peak of the muscle car era. A 275-hp (gross), 340-cubic-inch V-8 propelled top-spec Duster 340s with sufficient gusto, while budget-friendly engine options, ranging from two slant sixes to a 318-cubic-inch V-8, helped put the sporty Plymouth – albeit far less fierce than the Road Runner or the ‘Cuda – in 217,192 driveways that year, making it the brand’s most popular car.
Photo Gallery: 1970-1976 Plymouth Duster – Vintage Plymouth Muscle Car – Automobile Magazine
A report in the UK daily newspaper The Guardian says that Opel/Vauxhall bidder Magna would cut almost 1,200 Vauxhall jobs in Britain, including 830 at the Ellesmere Port plant (which currently employs 2,200) on Merseyside.
Read moreOpel’s union demanded greater say in the process of selecting a future investor for the German carmaker and called on former parent General Motors to forgo any right to buy back a stake at a later point.
Read moreOpel’s union demanded greater say in the process of selecting a future investor for the German carmaker and called on former parent General Motors to forgo any right to buy back a stake at a later point.
Read moreOpel’s union demanded greater say in the process of selecting a future investor for the German carmaker and called on former parent General Motors to forgo any right to buy back a stake at a later point.
Read moreRHJ International, a bidder for Opel, is not ruling out selling Opel back to U.S. parent General Motors after returning it to health, RHJ’s CEO told a German newspaper on Sunday.
Read moreRHJ International, a bidder for Opel, is not ruling out selling Opel back to U.S. parent General Motors after returning it to health, RHJ’s CEO told a German newspaper on Sunday.
Read moreRHJ International, a bidder for Opel, is not ruling out selling Opel back to U.S. parent General Motors after returning it to health, RHJ’s CEO told a German newspaper on Sunday.
Read moreRHJ International, a bidder for Opel, is not ruling out selling Opel back to U.S. parent General Motors after returning it to health, RHJ’s CEO told a German newspaper on Sunday.
Read moreThree stories dominated the autobiz news this week: the ongoing VW-Porsche merger and Opel sale sagas and Ford’s second quarter results.
Read moreNew Ghost will feature turbo engine that propels the car from 0-60mph in 4.7 seconds
Read moreChina’s Beijing Auto said intellectual property issues were behind its failure to reach a deal to buy General Motors’ Opel-Vauxhall unit.
Read moreChina’s Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues.
Read moreChina’s Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues.
Read moreChina’s Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues.
Read moreChina’s Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues.
Read moreGeneral Motors has ruled out a bid from China’s BAIC for Opel and will continue talks with the other two contenders.
Read moreGeneral Motors’ European business said on Thursday it will continue detailed talks with Magna International and RHJ International on its German unit Opel.
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