US: Magna looks to separate parts and cars

Author: just-auto.com editorial team | 17 June 2009

Magna International will establish a firewall between its parts business and car business if it succeeds in its bid for General Motors' Opel division, co-CEO Donald Walker told Reuters Television in an interview.

just-auto articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.


Join just-auto now and save 42%

If you’re already a member, login here

Not what you were looking for?

Search just-auto:

More articles related to this one

US: New CEO reshuffles GM management deck
General Motors chairman and interim CEO Ed Whitacre has announced a major management reshuffle just three days after the board asked former president and CEO Frederick 'Fritz' Henderson to resign.

GERMANY: GM chief insists Europe restructuring essential for profit
Following an all-employee meeting at Opel headquarters in Rüsselsheim today, Opel/Vauxhall CEO Nick Reilly and works council chairman Klaus Franz said they were "united" in the goal of building a successful company again.

THE WEEK THAT WAS: GM board swings the axe
Another week, another seven days of auto industry turmoil. And, surprise, surprise, the Great GM Reorganisation dominated our headlines. And no wonder.

Market research related to this article

Company Financials Magna International Inc.
The Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and ca...

Hybrid Vehicles and Components Report
One of the primary driving forces behind the production of hybrid vehicles has been the tightening of global emission regulations. The need for fuel efficiency has moved from being a consumer based motivation to an environmental concern that requires...

Central Asia Autos Report 2010
Business Monitor International's Central Asia Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on...

Welcome to the home of automotive information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page