Entries tagged "Opel"

Magna drives into Russian feud

Canada's Magna International may have just driven into a spat between two Russian oligarchs.

GM speculation about Opel, Toyota continues

The day before General Motors' bankruptcy sales hearing is set to begin, rumors and speculation about its involvement with Opel and Toyota have bubbled again.

Koenigsegg latest unknown to buy GM asset

The bankruptcies of Chrysler and General Motors seem to have flushed out of the garage every name in the industry looking to scavenge for parts.

Magna not bidding on Saturn

Although Magna's agreement to buy a stake in Opel touched off speculation it would bid on GM's other castoff, Saturn, the rumor turns out to be false.

Magna to replace Chrysler in Big Three?

Not only is Magna International preparing a bid for General Motors' Opel unit, but now it is considering a bid for U.S. brand Saturn in a deal that could make it a viable competitor.

Opel and Saturn to stay hitched?

If Magna wins the Opel auction and Saturn dealers buy the U.S. affiliate, then could the two GM units continue to ride together?

A tale of two GM units

In addition to cutting U.S. brands Hummer and Saturn, GM is also considering Saab and Opel, but not before it attempts to shake down the Swedish and German governments for cash.

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