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...
29 May 2009, 12:32 UTC · By: Bogdan Popa / The German manufacturer Volkswagen is kind of busy these days, leaving the talks with Porsche aside and referring straight to product launches. No matter if we're talking about special or limit...
28 May 2009, 14:47 UTC · By: Bogdan Popa / The Volkswagen Eos range is getting a bit more appealing with the a new model debuted by the parent company today. Codenamed Eos White Night, this special model is basically a contrast of black whit...
28 May 2009, 14:16 UTC · By: Bogdan Popa / Once again Chinese automakers make the headlines but this time not following a shameless clone that perfectly resembles the appearance of an European car. Fortunately, Chinese manufacturers are agai...
26 May 2009, 12:47 UTC · By: Bogdan Popa / Fiat and more specifically, the company's CEO Sergio Marchionne, insists every once in a while that the Italian manufacturer is the right choice when it comes to Opel's new investor and po...
25 May 2009, 09:22 UTC · By: Bogdan Popa / The Opel saga continues with some fresh reports on the subject, this time surrounding a potential new bidder that might get involved in the acquisition process. According to a report by autocar.co.u...
25 May 2009, 08:07 UTC · By: Bogdan Popa / Even if Fiat and Magna International are now fighting to take over the German ailing brand Opel, bankruptcy might still remain an option unless the two companies improve their bids, said Economy Min...
22 May 2009, 12:39 UTC · By: Bogdan Popa / German sports car manufacturer Porsche says it hasn't applied for government funds in the home country, despite a report claiming an application was already rejected by the officials. The news ...
12 May 2009, 09:26 UTC · By: Bogdan Popa / The economic recession encouraged new car buyers to migrate towards small cars and the new Volkswagen Polo is the living proof of this. According to data provided by the German manufacturer, it has ...
8 May 2009, 10:26 UTC · By: Bogdan Popa / General Motors yesterday announced its financial results for the first quarter of 2009, with the whole company reported a loss of no less than $6 billion. Although this is indeed an important loss, ...