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Aug
7th

CANADA: Magna plummets to Q2, H1 losses after sales fall

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Opel bidder Magna International on Friday reported an operating loss of $237m (down $556m) and a net loss of $205m (off $432m) for the second quarter of 2009 after vehicle production declined 49% year on year to 1.8m units in North America and 28% to 3.1m units in Europe. Full story...
Aug
7th

Magna posts worse-than-expected Q2 loss

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Magna International Inc., one of the two bidders negotiating with General Motors Co. to get German subsidiary Opel, on Friday reported a second quarter loss, hurt by steep declines in global auto production. Full story...
Aug
7th

Magna posts Q2 loss on weak auto market

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Magna International Inc., one of the two bidders vying to buy Opel from General Motors, on Friday reported a second quarter loss, hurt by steep declines in global auto production. Full story...
Aug
7th

Magna posts Q2 loss on weak auto market

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Magna International Inc., one of the two bidders vying to buy Opel from General Motors, on Friday reported a second quarter loss, hurt by steep declines in global auto production. Full story...
Aug
7th

Magna posts worse-than-expected Q2 loss on weak auto market

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Magna International Inc., one of the two bidders negotiating with General Motors Co. to get German subsidiary Opel, on Friday reported a second quarter loss, hurt by steep declines in global auto production. Full story...
Aug
7th

Magna posts worse-than-expected Q2 loss on weak auto market

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Magna International Inc., one of the two bidders negotiating with General Motors Co. to get German subsidiary Opel, today reported a second quarter loss, hurt by steep declines in global auto production. Full story...
Aug
7th

Magna posts worse-than-expected Q2 loss

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Magna International Inc., one of the two bidders negotiating with General Motors Co. to get German subsidiary Opel, today reported a second quarter loss, hurt by steep declines in global auto production. Full story...
Aug
7th

2010 Buick LaCrosse CXS

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2010 Buick LaCrosse CXS
2010 Buick LaCrosse CXS - Buick Fullsize Luxury Sedan Review - Automobile Magazine
This is a surprisingly nice near-luxury sedan that is a great complement to the Enclave crossover.

Thanks to Buick's continued success in China, we in that backwater market known as the United States get the first new mid-size sedan from the brand in more than twenty years. And it really is new. The "W-Body" platform, which debuted in the 1988 Regal, is gone, as is the 3800 V-6 engine, which dates back to the early 1960s. Instead, we have two (soon to be three) direct-injection engines and the same architecture that underpins the highly regarded, European-market Opel Insignia.inline_mediumwraptextright29297961/reviews/editors_notebook/0908_2010_buick_lacrosse_cxs0908_03_z+2010_buick_laCrosse_cXS+front_three_quarter_view.jpgTrue



Full story...
Aug
6th

Ford’s Booth isn’t worried about an Opel-Magna deal

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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.'s Opel unit but thinks it could continue working with Magna even if the giant supplier also owns a stake in a rival automaker, Ford CFO Lewis Booth said. Full story...
Aug
6th

GM sees little progress in talks over Magna’s bid for Opel

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General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia. Full story...
Aug
6th

GM sees little progress during talks over Magna’s bid for Opel

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General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia. Full story...
Aug
6th

GM-Magna have tough issues to fix in Opel talks

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General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia. Full story...
Aug
6th

Record China sales give Audi 2.1% rise in July

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Booming demand in China propelled Audi's sales growth in July, the company said on Thursday. Last month Audi sales in China including Hong Kong jumped nearly 43 percent to 13,399 vehicles, marking another monthly record. Full story...
Aug
6th

Record month in China propels Audi to 2.1% July sales increase

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Booming demand in China propelled Audi's sales growth in July, the company said on Thursday. Last month Audi sales in China including Hong Kong jumped nearly 43 percent to 13,399 vehicles, marking another monthly record. Full story...
Aug
6th

Record China sales give Audi 2.1% rise in July

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Booming demand in China propelled Audi's sales growth in July, the company said on Thursday. Last month Audi sales in China including Hong Kong jumped nearly 43 percent to 13,399 vehicles, marking another monthly record. Full story...
Aug
6th

Ford will work with Magna if supplier buys Opel, Booth says

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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.' Full story...
Aug
6th

Ford will work with Magna if supplier buys Opel, Booth says

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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.' Full story...
Aug
6th

Ford will work with Magna if supplier buys GM’s Opel unit, CFO Booth says

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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.' Full story...
Aug
6th

GM opposition to Magna waning, German politicians say

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General Motors Co. and Magna International have narrowed their differences in talks over the Canadian-Austrian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday. Full story...
Aug
5th

GM opposition to Magna waning, German politicians say

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FRANKFURT/DETROIT (Reuters) -- General Motors Co. and Magna International have narrowed their differences in talks over the Canadian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday. Full story...
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