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Oct
29th

UK near deal with on Opel aid, Mandelson says

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British Business Secretary Peter Mandelson said the UK is closer to agreeing on a financing package to support Magna's takeover of Opel and its sister brand Vauxhall. Full story...
Oct
29th

UK close to agreeing Magna aid for Opel, Mandelson says

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British Business Secretary Peter Mandelson said the UK is closer to agreeing a financing package to support Magna's takeover of Opel and its sister brand Vauxhall. Full story...
Oct
28th

Magna, Opel executives upbeat that sale will go through

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Magna thinks it can close a contract to buy a majority stake in carmaker Opel from General Motors even as GM's board weighs its final word, Magna's co-CEO said. "I am convinced that we will sign the contract soon if the EU...agrees. Full story...
Oct
28th

Magna co-CEO expects to sign Opel purchase contract soon

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Magna thinks it can close a contract to buy a majority stake in carmaker Opel from General Motors even as GM's board weighs its final word, Magna's co-CEO said. "I am convinced that we will sign the contract soon if the EU...agrees. Full story...
Oct
28th

SPAIN: Opel workers cancel strikes after Magna deal

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Labour unions at Opel's Spanish plant have called off four strike days after workers on Monday approved a deal with the Magna International-led consortium bidding for a majority stake in the automaker, a union spokeswoman said. Full story...
Oct
28th

Germany could agree to GM keeping Opel, report says

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Germany's new government will take a fresh look at the planned sale of Opel unit, and may consider an arrangement where the carmaker remains within General Motors, a newspaper reported on Tuesday. Full story...
Oct
27th

Germany could agree to GM keeping Opel, report says

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Germany's new government will take a fresh look at the planned sale of Opel unit, and may consider an arrangement where the carmaker remains within General Motors, a newspaper reported on Tuesday. Full story...
Oct
27th

Germany may endorse GM keeping Opel — report

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Germany's new government will take a fresh look at the planned sale of Opel unit, and may consider an arrangement where the carmaker remains within General Motors, a newspaper reported today. Full story...
Oct
27th

Germany could agree to GM keeping Opel, report says

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Germany's new government will take a fresh look at the planned sale of Opel unit, and may consider an arrangement where the carmaker remains within General Motors, a newspaper reported today. Full story...
Oct
27th

Fisker to buy former Solstice/Sky plant for $18 million:

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The old General Motors plant in Delaware that until July cranked out sports cars for Pontiac, Saturn and Opel will be sold and retooled to build plug-in hybrids with UAW workers. Full story...
Oct
27th

Fisker to buy former GM Solstice/Sky plant in Delaware for $18 million:

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The old General Motors plant in Delaware that until July cranked out sports cars for Pontiac, Saturn and Opel will be sold and retooled to build plug-in hybrids with UAW workers. Full story...
Oct
27th

Fisker to purchase, retool GM plant

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The old General Motors plant in Delaware that until July cranked out sports cars for Pontiac, Saturn and Opel will be sold and retooled to build plug-in hybrids with UAW workers. Full story...
Oct
27th

Fisker to buy GM plant for $18 million; UAW will ‘partner’

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The old General Motors plant in Delaware that until July cranked out sports cars for Pontiac, Saturn and Opel will be sold and retooled to build plug-in hybrids with UAW workers. Full story...
Oct
27th

GERMANY: GM will not deny Opel political pressure – paper

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General Motors (GM) will not acknowledge that choosing Opel's buyers happened without political pressure, daily Financial Times Deutschland (FTD) said, citing GM sources. Full story...
Oct
26th

BELGIUM: Opel competition ruling by 27 November

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The European Commission has given itself until 27 November to rule on whether Magna's purchase of General Motors' European arm Opel poses competition concerns, it said on Monday. Full story...
Oct
26th

RUSSIA: Avtovor starts Opel assembly

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Kaliningrad-based automaker Avtotor has launched production of Opel's Astra and Zafira models, the company said on Monday. Full story...
Oct
26th

SPAIN: Opel workers OK Magna plan

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Workers at the Opel plant in Spain on Monday voted to accept a Magna International plan that would see the loss of 900 jobs, unions have said. Full story...
Oct
26th

Magna’s takeover of Opel moves closer

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Magna on Monday moved closer to clinching its takeover of Opel with approval from Spanish plant workers as the clock ticks down to a Nov. 3 board meeting at which GM is set to decide on the deal. Full story...
Oct
26th

Magna’s takeover of Opel moves closer

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Magna today moved closer to clinching its takeover of Opel with approval from Spanish plant workers as the clock ticks down to a Nov. 3 board meeting at which GM is set to decide on the deal. Full story...
Oct
26th

Magna’s takeover of Opel moves closer as Spain gives go-ahead

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Magna today moved closer to clinching its takeover of Opel with approval from Spanish plant workers as the clock ticks down to a Nov. 3 board meeting at which GM is set to decide on the deal. Full story...
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