Magna International is still Germany's preferred partner for carmaker Opel, Chancellor Angela Merkel said on Wednesday, setting the stage for a showdown with General Motors Co. over the takeover bids.
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Magna International is still Germany's preferred bidder for Opel, a government spokesman said on Wednesday ahead of a meeting with General Motors Co. representatives to discuss the takeover offers.
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General Motors Co. officials were meeting German government representatives on Wednesday to discuss takeover offers for Opel, with a potential row looming as they each appear to prefer a different bidder.
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Ford Motor Co. is expected to post its fifth straight quarterly loss on Thursday amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
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Ford Motor Co. is expected to post its fifth straight quarterly loss on Thursday amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
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Ford Motor Co. is expected to post its fifth straight quarterly loss on Thursday amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
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Ford Motor Co. is expected to post its fifth straight quarterly loss on Thursday amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
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Ford Motor Co. is expected to post its fifth straight quarterly loss on Thursday amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
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Ford Motor Co. is expected to post a second-quarter loss amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
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The lawmaker who sponsored a bill to reverse dealer terminations by General Motors Co. and Chrysler Group is urging the National Automobile Dealers Association to join settlement talks aimed at seeking an alternative to legislation.
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The Obama administration's automotive task force, after successfully moving General Motors and Chrysler Group out of bankruptcy protection, is ending the government-financed warranty program for the two automakers.
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General Motors has launched a limited time programme for existing Astra and Corsa customers offering existing owners of Opel cars - the brand is no longer sold in India - trade-in deals on old Astras or Corsas for a new Chevrolet Optra.
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The German government and U.S. carmaker General Motors are to consider three bids for Europe's Opel in coming days and weeks.
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A meeting between General Motors and the German government today is unlikely to result in a decision on the future of Opel and Vauxhall, government officials have said.
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A meeting between General Motors and the German government today is unlikely to result in a decision on the future of Opel and Vauxhall, government officials have said.
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A meeting on Wednesday between General Motors and German government officials will not yield a decision on which bidder will succeed in taking a stake in Opel, a German government source said on Tuesday.
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A meeting on Wednesday between General Motors and German government officials will not yield a decision on which bidder will succeed in taking a stake in Opel, a German government source said.
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A meeting on Wednesday between General Motors and German government officials will not yield a decision on which bidder will succeed in taking a stake in Opel, a German government source said on Tuesday.
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A meeting on Wednesday between General Motors and German government officials will not yield a decision on which bidder will succeed in taking a stake in Opel, a German government source said on Tuesday.
Full story...
A meeting on Wednesday between General Motors and German government officials will not yield a decision on which bidder will succeed in taking a stake in Opel, a German government source said on Tuesday.
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