Magna International has increased the amount of upfront capital it would inject into its offer for Opel, a German government source said on Tuesday. The revised bid leaves the total proposed investment at some 500 million euros ($713.
Full story...
Magna International has improved its offer for Opel, a German government source said on Tuesday.
Full story...
A report in the UK daily newspaper The Guardian says that Opel/Vauxhall bidder Magna would cut almost 1,200 Vauxhall jobs in Britain, including 830 at the Ellesmere Port plant (which currently employs 2,200) on Merseyside.
Full story...
Opel's union demanded greater say in the process of selecting a future investor for the German carmaker and called on former parent General Motors to forgo any right to buy back a stake at a later point.
Full story...
Opel's union demanded greater say in the process of selecting a future investor for the German carmaker and called on former parent General Motors to forgo any right to buy back a stake at a later point.
Full story...
Opel's union demanded greater say in the process of selecting a future investor for the German carmaker and called on former parent General Motors to forgo any right to buy back a stake at a later point.
Full story...
RHJ International, a bidder for Opel, is not ruling out selling Opel back to U.S. parent General Motors after returning it to health, RHJ's CEO told a German newspaper on Sunday.
Full story...
RHJ International, a bidder for Opel, is not ruling out selling Opel back to U.S. parent General Motors after returning it to health, RHJ's CEO told a German newspaper on Sunday.
Full story...
RHJ International, a bidder for Opel, is not ruling out selling Opel back to U.S. parent General Motors after returning it to health, RHJ's CEO told a German newspaper on Sunday.
Full story...
RHJ International, a bidder for Opel, is not ruling out selling Opel back to U.S. parent General Motors after returning it to health, RHJ's CEO told a German newspaper on Sunday.
Full story...
Three stories dominated the autobiz news this week: the ongoing VW-Porsche merger and Opel sale sagas and Ford's second quarter results.
Full story...
New Ghost will feature turbo engine that propels the car from 0-60mph in 4.7 seconds
Full story...
China's Beijing Auto said intellectual property issues were behind its failure to reach a deal to buy General Motors' Opel-Vauxhall unit.
Full story...
China's Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues.
Full story...
China's Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues.
Full story...
China's Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues.
Full story...
China's Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues.
Full story...
General Motors has ruled out a bid from China's BAIC for Opel and will continue talks with the other two contenders.
Full story...
General Motors' European business said on Thursday it will continue detailed talks with Magna International and RHJ International on its German unit Opel.
Full story...