30 Jun 2009, 14:47 UTC · By: Bogdan Popa / And the saga continues. This time, the main character is RHJ International which is reportedly close to snatching the German brand Opel. As you probably known from the millions of reports on the mat...
29 Jun 2009, 13:35 UTC · By: Bogdan Popa / The Magna - Opel takeover is surely one of the most complicated deals in the auto sector, with all kinds of reports hinting either that the Canadian parts manufacturer might lose the German brand or...
29 Jun 2009, 06:47 UTC · By: Bogdan Popa / Fiat is now trying a different approach strategy when it comes to buying Opel. After struggling to convince the German government that Opel would have a bright feature under their umbrella, the Ital...
24 Jun 2009, 06:31 UTC · By: Bogdan Popa / Similar to other automakers across the globe, including Volkswagen and Audi, Ford today announced the winners of the company's World Excellence Awards for 2008, the highest recognition for supp...
23 Jun 2009, 08:12 UTC · By: Daniel Patrascu / After at the end of the last week German manufacturer Porsche was denied access to a state guaranteed loan, the company has today re-applied to state controlled KfW bank for the badly needed 1.75 bi...
22 Jun 2009, 12:54 UTC · By: Daniel Patrascu / The struggle of German sports car manufacturer Porsche now seems to rely on the performances its now rival Volkswagen will have throughout the second quarter of 2009. According to Hans Dieter Poetsc...
22 Jun 2009, 08:32 UTC · By: Bogdan Popa / GM Europe's German unit might turn to a surprising measure to cope with the recession, boost sales and thus, protect jobs: it might cut prices by as much as 40 percent, a report by Bloomberg.co...
19 Jun 2009, 06:30 UTC · By: Bogdan Popa / Just when everybody thought that the deal is finally over and Magna has managed to take over the German unit Opel, officials close to the matter stepped in and said the American parent company is al...
18 Jun 2009, 10:58 UTC · By: Bogdan Popa / Negotiations between General Motors and Magna International regarding the Opel takeover continue despite some reports claiming that Germany is still talking with other interested parties. Additional...
15 Jun 2009, 09:01 UTC · By: Bogdan Popa / Things are getting worse for Magna International, the Canadian - Austrian parts manufacturer who proudly announced it has sealed a deal with Germany and GM Europe to take over Opel. According to num...
12 Jun 2009, 10:08 UTC · By: Daniel Patrascu / In light of their future ownership of Opel, Magna has named a team to go to the UK and inspect Vauxhall's operations and determine whether the company is viable or not. The visit will begin on ...
12 Jun 2009, 08:20 UTC · By: Bogdan Popa / Things are getting better for Fiat after the company a few days ago finalized the strategic alliance with Chrysler and Sergio Marchionne has been appointed CEO of the new Chrysler. It might seem lik...
5 Jun 2009, 15:00 UTC · By: Bogdan Popa / Just as we said today, Fiat is still interested in purchasing Opel, despite that Magna International has already sealed a deal with the German government and GM Europe. Well, the news was confirmed ...
5 Jun 2009, 10:12 UTC · By: Daniel Patrascu / Even if the economic crisis has put a serious dent in the automotive industry as a whole, some areas of this field bloom. Or maybe just because of the economic crisis shattering the industry the aut...
5 Jun 2009, 07:51 UTC · By: Bogdan Popa / Following reports that the German government might continue negotiations with some other parties over the Opel acquisition - despite that Magna has already sealed the deal - it might seem like Fiat ...
4 Jun 2009, 13:32 UTC · By: Bogdan Popa / The recently-announced deal between Magna International on one side and the German government and GM Europe on the other over the fate of Opel means nothing for Fiat as the Italian manufacturer is s...
3 Jun 2009, 12:18 UTC · By: Daniel Patrascu / ...and this is how it should be done. In a time when we got used to reporting negative figures for all manufacturers, Germany as a whole comes back with a vengeance and proves that with well placed ...
3 Jun 2009, 09:24 UTC · By: Bogdan Popa / Porsche Panamera is going to be a real market hit when it will go on sale on October 17. At least this is what Porche hopes given the fact that the Leipzig production facility is currently working a...
2 Jun 2009, 12:09 UTC · By: Bogdan Popa / Things are getting better for the German ailing manufacturer Opel as the company has just received the first 300 million euro loan from the 1.5 billion bridge financing agreement with the German gov...
30 May 2009, 10:20 UTC · By: Daniel Patrascu / The month long battle between Italian manufacturer Fiat and Austrian Canadian company Magna is finally over, as the German government decided which of the two is the better suitor. Following a six h...