7 Sep 2009, 12:03 UTC · By: Daniel Patrascu / Fervent supporter of a deal between Magna and Opel, the German state admitted during the weekend that GM is no longer the troubled carmaker which put Opel up for sale earlier this year, hinting that...
7 Sep 2009, 08:45 UTC · By: Daniel Patrascu / Russian carmaker GAZ and its owner, Oleg Deripaska, denied having any interest in acquiring a stake in German manufacturer Opel, despite the fact GAZ is Magna's partner in their bid for Opel.
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2 Sep 2009, 09:41 UTC · By: Bogdan Popa / Ford will once again halt production in Russia, as the collapsing demand is continuously reducing the company's sales in the country. Unfortunately, the American manufacturer is once again forc...
31 Aug 2009, 08:16 UTC · By: Bogdan Popa / The difficult economic times continue in Russia, a country in which automakers are still forced to turn to cost-cutting measures in order to save as much money as possible. GAZ Group is one of the c...
17 Aug 2009, 10:10 UTC · By: Bogdan Popa / A new day, a new chapter in Opel's months-long story. Unfortunately, for the Canadian - Austrian parts manufacturer, things are getting worse as the British labor union Unite is opposing Magna&...
12 Aug 2009, 14:10 UTC · By: Alexandru Radu Chis / In spite of difficult market conditions in Russia, VW began commercializing the domestically-built Transporter, Caravelle, Multivan and Caddy models. This is good news for everyone, but especially t...
12 Aug 2009, 10:25 UTC · By: Bogdan Popa / Even if negotiations between the interested Opel bidders and General Motors seem to go on forever, the American manufacturer wants to get rid of the German brand as soon as possible. GM Chief Financ...
11 Aug 2009, 10:40 UTC · By: Alexandru Radu Chis / Statistics gathered by the Moscow-based Association of European Businesses (AEB) show an overwhelming drop in car sales on the Russian market for the month of July. American companies Ford Motor Co....
11 Aug 2009, 07:08 UTC · By: Bogdan Popa / Following a well-deserved summer holiday, more or less pushed by the global economic chaos, Ford's Russian plant is restarting production and hopes for better times in the upcoming months. The ...
10 Aug 2009, 14:37 UTC · By: Alexandru Radu Chis / After we reported in late July that Russia's biggest auto maker, AvtoVAZ was closing its production gates for a month, we now return with updated news regarding this subject.
More than 2,000...
10 Aug 2009, 10:40 UTC · By: Bogdan Popa / While negotiations over the future owner for Opel continue between the four parts involved (General Motors, Germany, RHJ and Magna International), the CEO of the Belgium investor says his company ha...
7 Aug 2009, 09:28 UTC · By: Bogdan Popa / Negotiations between Germany and Opel on one side and the two interested bidders, RHJ and Magna, on the other continue but only "little progress" was made these days, John Smith, GM Group ...
5 Aug 2009, 20:10 UTC · By: Bogdan Popa / Some people think that safety belts are a gift from God, as they play a major role in the safety of both the driver and the passengers of any vehicle. Nevertheless, others are just ignoring the camp...
31 Jul 2009, 10:02 UTC · By: Bogdan Popa / Sollers, who was previously known as Severstal-Avto, will build a new production facility in Russia to manufacturer commercial vehicles for several carmakers. Sollers, who is Fiat's Russian joi...
31 Jul 2009, 07:45 UTC · By: Bogdan Popa / Russian automakers, together with carmakers selling cars in the country, are encountering much more problems than companies who are marketing their models in the rest of the Europe and the situation...
31 Jul 2009, 06:58 UTC · By: Bogdan Popa / Nissan will suspend production at its Russian plant in St. Petersburg but not due to economic reasons as many of us might be tempted to believe, the company officials emphasized. Activities will be ...
27 Jul 2009, 13:45 UTC · By: Daniel Patrascu / After being awarded by the government's development agency One North East 1.94 million pounds to build 65,000 engines/year in the next four years, Nissan decided most of the production output w...
22 Jul 2009, 12:03 UTC · By: Alexandru Radu Chis / Russia's largest car maker, AvtoVAZ faces more problems due to the current economic climatel. Faced with plunging sales, the auto maker is expected to close its gates and suspend production for...
20 Jul 2009, 09:52 UTC · By: Bogdan Popa / Things are going from bad to worse for Canadian parts manufacturer Magna who's now seeing itself forced to submit a new offer for Opel, following the course of negotiations between the GM and R...
20 Jul 2009, 06:49 UTC · By: Daniel Patrascu / As was to be expected, the minor disagreements over the future of Opel between GM and Germany tend to become a problem, as both sides favor different bidders. Whereas GM has a soft spot for Belgian ...