Magna in talks with GM about plant in Russia
General Motors Co. and auto maker OAO GAZ to build a vehicle assembly plant in Russia, Magna chairman Frank Stronach says, showing that the parts giant remains eager to tap the country's emerging economy. Just two days after GM suddenly killed long-running plans to give control of its Adam Opel GmbH...
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- News Source: The Globe & Mail | 19 days agoM arkets couldn’t decide which side of the balance they wanted to tip this morning, swinging back and forward between negative and positive territory as they digested the latest weak employment news. At noon, the S&P/TSX composite index was up 17...
- News Source: The Globe & Mail | 19 days agoGeneral Motors Co. and auto maker OAO GAZ to build a vehicle assembly plant in Russia, Magna chairman Frank Stronach says, showing that the parts giant remains eager to tap the country's emerging economy. Just two days after GM suddenly killed long-...
- News Source: The independent | 19 days agoGM says its change of heart merely reflects a change of circumstances. When the sale was mooted in April, it was teetering on the brink of what was to be the biggest bankruptcy in US corporate history...Now, however, with the global auto industry...
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- Blog Source: wheelsbd.comGM plans to cut 10000 Opel jobs General Motors (GM) has confirmed that it plans to cut 10000 jobs across its European car unit Opel, which includes. ... called GM's decision to hold onto Opel as "the ugly face of turbo-capitalism". Mr Smith said he
- Blog Source: www.skyroadster.comGM throws Opel deal in reverse, In a dramatic change of course, General Motors Co. is backing out of a deal to sell the company's European operations to car-parts supplier Magna International Inc., and now plans to spend billions to ...
- Blog Source: nvijays.wordpress.comThe new German Economy Minister, Rainer Brüderle, summed up the mood as he arrived at a Cabinet meeting in Berlin on Wednesday: “The behavior of General Motors towards Germany is totally unacceptable. We won't let GM put us under any ... The
- Blog Source: www.autoblog.comAfter months of negotiations with supplier Magna and its Russian partner Sberbank, General Motors has decided not to sell its Opel unit. The General mentioned in the post-jump press release that the new board of directors came to the ...
- Blog Source: www.docudharma.comThe case before the Supreme Court on Wednesday sounded like a television movie, a tale of wrongful imprisonment and the slow, inexorable wheels of justice. Prosecutors under pressure to close the case of a cop killer settle on two young African
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