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Jul
28th

Magna improves its offer for Opel, German government source says

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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...
Jul
28th

Magna improves its offer for Opel, German gov’t source says

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Magna International has improved its offer for Opel, a German government source said on Tuesday. Full story...
Jul
27th

Collectible Classic: 1970-1976 Plymouth Duster

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Collectible Classic: 1970-1976 Plymouth Duster
1970-1976 Plymouth Duster - Vintage Plymouth Muscle Car - Automobile Magazine
Plymouth's Duster served as a bridge between muscle and mileage.

Although it was sold for only seven model years, the life of the Plymouth Duster spans the automotive landscape of the 1970s. The two-door Duster, the fastback flagship of Plymouth's long-serving, entry-level Valiant line, debuted in the 1970 model year - arguably the peak of the muscle car era. A 275-hp (gross), 340-cubic-inch V-8 propelled top-spec Duster 340s with sufficient gusto, while budget-friendly engine options, ranging from two slant sixes to a 318-cubic-inch V-8, helped put the sporty Plymouth - albeit far less fierce than the Road Runner or the 'Cuda - in 217,192 driveways that year, making it the brand's most popular car.


Photo Gallery: 1970-1976 Plymouth Duster - Vintage Plymouth Muscle Car - Automobile Magazine


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Jul
27th

UK: Magna plans big Vauxhall job losses – report

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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...
Jul
27th

Opel unions demand more say in picking carmaker’s eventual buyer

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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...
Jul
27th

Unions demand more say in picking Opel’s buyer

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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...
Jul
27th

Opel unions want more say in buyer decision

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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...
Jul
27th

Opel bidder doesn’t rule out selling back to GM, report says

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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...
Jul
26th

Opel bidder doesn’t rule out selling back to GM, report says

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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...
Jul
26th

RHJ doesn’t rule out selling Opel back to GM, report says

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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...
Jul
26th

RHJ doesn’t rule out selling Opel back to GM, report says

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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...
Jul
24th

THE WEEK THAT WAS: Egos, dollars and mergers

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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...
Jul
24th

V12 power for baby Roller

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New Ghost will feature turbo engine that propels the car from 0-60mph in 4.7 seconds
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Jul
24th

CHINA: Opel bid stumbled on IPR issues – Beijing Auto

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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...
Jul
24th

Beijing Auto says Opel bid failed over I.P. rights

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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...
Jul
24th

Beijing Auto says Opel bid failed over intellectual property rights

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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...
Jul
24th

Beijing Auto says Opel bid failed over intellectual property rights

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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...
Jul
24th

Beijing Auto says Opel bid failed over IP rights

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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...
Jul
23rd

GERMANY: GM rules out Chinese Opel bid

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General Motors has ruled out a bid from China's BAIC for Opel and will continue talks with the other two contenders. Full story...
Jul
23rd

GM to continue Opel talks with Magna, RHJ

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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...
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