22 Sep 2009, 13:05 UTC · By: Bogdan Popa / With both General Motors and Magna International planning to close the Opel deal as soon as possible, the involved parties are now discussing on the loans to be granted by the state of Germany. Even...
22 Sep 2009, 09:00 UTC · By: Bogdan Popa / Opel and its new owner Magna International are getting ready to start talks with European unions regarding the job cuts to be introduced after the Canadian - Austrian partsmaker completes the takeov...
22 Sep 2009, 07:08 UTC · By: Bogdan Popa / Even if Opel is currently experiencing very difficult times as Magna is taking control of the company, the German brand continues its usual business and today announced the construction of a solar e...
21 Sep 2009, 07:57 UTC · By: Bogdan Popa / Things are getting worse for Magna International, the Canadian - Austrian partsmaker recently picked by General Motors to become Opel's new owner. Thousands of Spanish Opel workers demonstrated...
20 Sep 2009, 10:21 UTC · By: Daniel Patrascu / Germany's projected state aid for Opel is slowly sparking protectionism accusations; yet, German chancellor Angela Merkel stands by her decision to help Opel. {ad|
“We are naturally dete...
18 Sep 2009, 07:52 UTC · By: Bogdan Popa / Magna has been chosen to be Opel's new owner and, under its umbrella, the German brand is expected to cut thousands of jobs at several plants around the world, including those in Germany. But t...
17 Sep 2009, 10:56 UTC · By: Bogdan Popa / Geely, the Chinese carmaker who's apparently the only bidder for Volvo, recently held talks with Magna International over a potential sale of a stake in Opel. The news was revealed by a source ...
16 Sep 2009, 13:19 UTC · By: Bogdan Popa / Magna is already working on the future when it comes to Opel but it appears that things are getting more complicated every day. This time, German workers are threatening that some of them could go t...
14 Sep 2009, 11:01 UTC · By: Bogdan Popa / General Motors last week announced that it will sell a 55 percent of Opel to Magna International and the Canadian - Austrian can already start planning the future. The first major step is receiving ...
14 Sep 2009, 09:44 UTC · By: Bogdan Popa / The European Union will discuss the Magna - Opel deal today, so a final verdict is yet to be released, but speculation on the future plans of the Canadian - Austrian partsmaker has already started s...
14 Sep 2009, 07:04 UTC · By: Bogdan Popa / Even if General Motors last week announced that it plans to sell 55 percent of Opel to Magna and cease another 10 percent to the company's employees, the Canadian - Austrian partsmaker and its ...
12 Sep 2009, 15:03 UTC · By: Bogdan Popa / China is undoubtedly a key market for several carmakers out there and Volkswagen makes no exception to this rule. The German brand has just announced that it will invest no less than 4 billion euros...
11 Sep 2009, 09:23 UTC · By: Daniel Patrascu / Another step towards forever changing the way future roads will look like was taken yesterday by several industrial groups in Germany, who signed a Memorandum of Understanding (MoU) for the creation...
11 Sep 2009, 08:30 UTC · By: Bogdan Popa / It was only a matter of time until General Motors finally confirmed the sale of its German brand Opel to Canadian - Austrian partsmaker Magna International. But even if Magna and its Russian partner...
11 Sep 2009, 08:04 UTC · By: Bogdan Popa / Magna, the new and confirmed owner of Opel, plans to make its new brand profitable by 2011 and start paying dividens by 2015. Obviously, this sounds somewhat impossible, given the current economic s...
10 Sep 2009, 14:35 UTC · By: Bogdan Popa / GM has just announced that it will sell a 55 percent stake in Opel to Magna and Sberbank, with employees working at the German manufacturer holding 10 percent of the new company. The American manufa...
10 Sep 2009, 13:02 UTC · By: Bogdan Popa / Even if GM is yet to make an official announcement regarding Opel, several media reports are already hinting that the American manufacturer wants to keep the German brand and save it by itself. We a...
10 Sep 2009, 10:55 UTC · By: Bogdan Popa / Germany is not the only player piling up the pressure on General Motors to issue a decision on who's better to own Opel. According to a report by Reuters, Opel's workers are now threatenin...
10 Sep 2009, 09:41 UTC · By: Bogdan Popa / In case General Motors finally decides to keep Opel and save the company by itself, Germany would have to support the company by providing a financial loan package, obviously supposed to preserve jo...
9 Sep 2009, 10:27 UTC · By: Bogdan Popa / Germany is still awaiting General Motors' final word on Opel but with reports claiming a decision on the brand won't come sooner than October, officials in the country are getting worried....