German efforts to forge a rescue for General Motors' Opel unit were under threat on Friday after Fiat S.p.A. and Magna International, the leading candidates to take over the carmaker, voiced reservations about the bidding process.
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Canadian supplier Magna International Inc. has reached a preliminary deal with General Motors to invest in Opel, boosting hopes for a deal with the U.S. and German governments to save the carmaker.
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Canadian supplier Magna International Inc. has reached a preliminary deal with General Motors to invest in Opel, boosting hopes for a deal with the U.S. and German governments to save the carmaker.
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Germany reached a landmark deal with Magna International, General Motors and governments to save Opel from the imminent bankruptcy of its U.S. parent, German leaders said on Saturday.
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Germany and the United States get what may be their last chance to save Opel on Friday when they try to put a heated row behind them and forge a plan to shield the carmaker from a bankruptcy of its parent General Motors.
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Germany raced to overcome a transatlantic spat and growing tensions among Opel bidders to clinch a deal for the German carmaker today, as parent General Motors hurtled toward bankruptcy.
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Germany reached a landmark deal with Canadian auto-parts group Magna, General Motors and governments to save Opel from the imminent bankruptcy of its U.S. parent, German leaders said on Saturday.
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Germany reached a landmark deal with Canadian auto parts group Magna, General Motors and governments to save carmaker Opel from the imminent bankruptcy of its U.S. parent, German leaders said late today.
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German efforts to forge a rescue for General Motors' Opel unit were under threat on Friday after Fiat S.p.A. and Magna International, the leading candidates to take over the carmaker, voiced reservations about the bidding process.
Full story...
General Motors and Magna International have reached an agreement in principle that could rescue Opel, sources close to the negotiations said today.
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German efforts to forge a rescue for General Motors' Opel unit were under threat on Friday after Fiat S.p.A. and Magna International, the leading candidates to take over the carmaker, voiced reservations about the bidding process.
Full story...
Germany reached a landmark deal with Canadian supplier Magna International Inc., General Motors and governments to save Opel from the imminent bankruptcy of its U.S. parent.
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Germany reached a deal in talks with Canada's Magna International, General Motors and governments to save GM's Opel unit, German government leaders said on Saturday after a six-hour meeting in the chancellery.
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The UAW will emerge from a General Motors restructuring as the second-largest stockholder in the reorganized automaker and with a more direct stake in its success, union President Ron Gettelfinger said on Thursday.
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The UAW will emerge from a General Motors restructuring as the second-largest stockholder in the reorganized automaker and with a more direct stake in its success, union President Ron Gettelfinger said on Thursday.
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The UAW will emerge from a General Motors restructuring as the second-largest stockholder in the reorganized automaker and with a more direct stake in its success, union President Ron Gettelfinger said on Thursday.
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Unions accused the British government on Thursday of not doing enough to protect nearly 5,000 British jobs at General Motors U.K. brand Vauxhall.
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Unions accused the British government on Thursday of not doing enough to protect nearly 5,000 British jobs at General Motors U.K. brand Vauxhall.
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Chrysler LLC's Twinsburg, Ohio, stamping plant, which is slated for closure, has drawn inquiries from two potential buyers, according bankruptcy court statements.
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Powerful, aesthetic design, supreme performance and exclusive style - the unique characteristics of the BMW M3 are now available in highly attractive Edition Models focusing on the most outstanding highlights of these outstanding cars.
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