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
The American auto giant asks his German «daughter» not for money, but for the agreement on investment. As reports Financial Times, referring to informed sources, GM can give the majority of stake of Opel and British Vauxhall, as well as of the Swedish brand Saab to an investor who will promise to invest at least Read more
Global Automotive World is rapidly changing its appearance under the influence of the global economic crisis. General Motors, founded in 1908, the largest automakers in the world for 77 years, applied to the court a statement of voluntary bankruptcy on June 1, which provides court protection from creditors. Most recently, symbolizing the power and dynamism Read more