It seems that buying Opel by the Canadian-Austrian manufacturer of automotive components Magna – is a case that is resolved. However, the ongoing negotiations between Magna and the parent corporation of Opel – General Motors (GM) – is increasingly becoming a war of nerves. Thus, an information has been released from the depths of GM Read more
American auto concern Ford, the only one of the Detroit three which was able to avoid bankruptcy, will still receive almost 6 billion U.S. dollars from the government. That, however, is not for the purpose of saving the company from bankruptcy: Ford will receive funding for the development of «green» technology. Analysts, however, note that Read more
The possibility of the bankruptcy of the German automaker Opel is still there. This statement was made by the Minister of Economy of Germany Gutenberg. “All of this can still happen” – he said. Previously, Karl-Theodor zu Gutenberg has repeatedly stated that the acquisition of the German automaker Opel by Magna International Inc. carries many Read more