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May
29th

Delphi may sell assets to emerge from Chapter 11

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Auto parts supplier Delphi Corp. Full story...
May
29th

3 Saab bidders named as restructuring is extended

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A Swedish court today granted General Motors' money-losing Saab unit a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A. as potential buyers for the brands. Full story...
May
29th

Report names 3 possible Saab buyers

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A Swedish court on Friday granted General Motors' loss-making unit Saab a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A as potential buyers for the brands. Full story...
May
29th

Report names 3 possible Saab buyers as carmaker wins more time to restructure

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A Swedish court today granted General Motors' money-losing Saab unit a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A. as potential buyers for the brands. Full story...
May
29th

Report names 3 possible Saab buyers as carmaker wins more time to restructure

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A Swedish court on Friday granted General Motors' loss-making unit Saab a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A as potential buyers for the brands. Full story...
May
29th

GM, Magna, Germany reach deal to save Opel

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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. Full story...
May
29th

Magna prevails in deal to protect Opel from GM bankruptcy

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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. Full story...
May
29th

GM to save Opel after striking deal with Magna

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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. Full story...
May
29th

GM, Magna, Germany reach deal to save Opel after 6-hour meeting

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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. Full story...
May
29th

GM, Magna, Germany reach deal to save Opel after 6-hour meeting

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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. Full story...
May
29th

GM, Magna said to have tentative deal on Opel

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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. Full story...
May
29th

GM, Magna reach tentative deal on Opel, sources say

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General Motors and Magna International have reached an agreement in principle that could rescue Opel, sources close to the negotiations said today. Full story...
May
29th

GM, Magna reach tentative deal on Opel, sources say

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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. Full story...
May
29th

Opel rescue threatened as bidders Fiat, Magna raise concerns

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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...
May
29th

Opel rescue threatened as bidders Fiat, Magna raise concerns

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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. Full story...
May
29th

Opel rescue under threat as Fiat skips talks

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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...
May
29th

Opel rescue under threat as Fiat skips talks

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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...
May
29th

Germany and U.S. get last chance to save Opel

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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. Full story...
May
29th

UAW’s Gettelfinger says equity stake tied to GM success

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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. Full story...
May
29th

UAW’s Gettelfinger says equity stake ties union to GM success

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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. Full story...
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