Opel/Vauxhall - the Magna decision aftermath
The Luton van plant is at serious risk of closure in the wake of GM’s forced sale of Opel/Vauxhall to Magna and its Russian finance partners, writes Mark Bursa
ANALYSIS: Fear and loathing in Luton
14 September 2009
The Luton van plant is at serious risk of closure in the wake of GM’s forced sale of Opel/Vauxhall to Magna and its Russian finance partners, writes Mark Bursa
OPEL FALL-OUT: VW chief not happy at Magna bid
15 September 2009
Ford chairman William Clay Ford Jr may have no problem with Magna's bid-in-progress to buy majority control of Opel but his counterpart at Volkswagen has taken a very different view.
OPEL AFTERMATH: UK calls for state aid 'respect'
14 September 2009
The European Commission should "take a hand" in negotiations the Magna International consortium's negotiations to buy Vauxhall and Adam Opel, to ensure state aid rules are not breached, UK business secretary Peter Mandelson has said.
OPEL AFTERMATH: UK government to beg for Ampera
14 September 2009
British prime minister Gordon Brown will head a government delegation set to meet General Motors management to discuss making the Opel/Vauxhall Ampera at the automaker's Ellesmere Port plant in Cheshire.
OPEL AFTERMATH: Government expects aid approval
14 September 2009
The German government expects the European Commission to approve its state aid for Adam Opel, an economics ministry spokeswoman said on Monday.
Opel/Vauxhall still murky
14 September 2009
Has the fog cleared over the future of GM's European Opel/Vauxhall operations? To some extent perhaps, but major uncertainties remain.
Even if we assume that the deal to sell a majorit...
OPEL AFTERMATH: Trustee’s Russia fear over state aid
14 September 2009
An Opel trustee fears that hundreds of millions of euros in German state aid intended for Opel is earmarked for operations in Russia.
THE WEEK THAT WAS: A Magnanimous bid
11 September 2009
By the time announcements were made in Berlin yesterday afternoon, I, for one, had had about enough of Opel.
OPEL AFTERMATH: Russian media joy tinged with caution
11 September 2009
Russian media gleefully reported the Opel deal involving Magna International and Russian partners Sberbank and GAZ, saying the country's auto industry would welcome access to new technology.
OPEL AFTERMATH: Magna 'firewalls' to separate supplier and Opel
11 September 2009
Magna will put in place “appropriate firewalls” to separate its parts business from its 55% stake in Opel and protect customers' “confidential and proprietary information”, chairman Frank Stronach has said.
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