“I know only that a nine-digit cash amount is on hand,” Fred Irwin told Reuters, adding the exact figure was toward the low hundreds of millions.
He said time was against the idea of finding a completely new investor other than Magna International, which is negotiating with GM to strike a binding agreement to buy Opel along with Russian partners.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
