News tagged with “magna international inc”. Found:
64 tagged news reports.
Your Search Returned 64 tagged news reports
Magna posts $51-million profit
Magna :: UT :: USA | about 1 month ago
Credibility
Last updated on Thursday, Nov. 05, 2009 6:05PM EST M agna International Inc. MG.A-T reported a small profit in the third quarter, reversing a year-earlier loss despite a 14.5 per cent decline in revenue. The Canadian auto parts giant said Thursday it...
Tags: Magna International Inc., Magna Pulls, quarter profits
Opel workers strike against GM
Berlin :: Germany | about 1 month ago
Credibility Thousands of workers at Opel plants in Germany went on street in Ruesselsheim near Frankfurt on Thursday to protest against GM's decision to keep Opel. Around 10,000 Opel employees gathered in Rsselsheim near Frankfurt with banners and a fake coffin...
Tags: Magna International Inc., opel workers, General Motors Co., Germany, Opel • Opel, workers walked, european division, Russian, Vladimir Putin, opel plant
GM U-turn on Opel stirs German fear and loathing
Berlin :: Germany | about 1 month ago
Credibility German Economy Minister Rainer Br�derle slammed GM's about-turn as "totally unacceptable" and the powerful labour unions immediately announced nationwide protests for Thursday. Home to nearly half of GM 55,000 European employees, Germany had pressed hard...
Tags: Analyze GM, Magna International Inc., European, Angela Merkel, Vauxhall, General Motors Co., Russian, General Motors Corp., OAO Sberbank, United States
GM board opts to keep Opel: sources
Magna :: UT :: USA | about 1 month ago
Credibility The board of General Motors Co has opted to keep Opel, sources briefed on the deliberations said on Tuesday, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Canada's Magna. GM's 13-member board was...
Tags: Vauxhall European, GM Europe, European Opel, Magna International Inc., European Union, General Motors Europe, Keep Opel, General Motors Co., gm board, sell opel
Magna's Opel buy inches closer as Spain gives go-ahead
Magna :: UT :: USA | about 1 month ago
Credibility on Monday inched closer to clinching its Opel buy with approval from Spanish plant workers as the clock ticks down to a November 3 board meeting at which GM is set to decide on the deal. Spain's Opel workers voted to accept Magna's plans for the carmaker,...
Tags: Magna International Inc., Magna/Sberbank, Magna-Sberbank, GM Russia, Spain, workers accepted, opel workers, General Motors Co., Adam Opel AG, Amy Hennes
Magna reaches deal with Opel union
Madrid :: Spain | about 1 month ago
Credibility Magna International Inc. has reached agreement with union leaders over planned job cuts at an Opel plant in Spain, the country's industry minister said Thursday. Spain's industry minister says Magna and Opel's Spanish union have reached a deal on layoffs....
Tags: Magna International Inc., Magna/Sberbank, Spain, job cut, Figueruelas, reduce job, reach deal, magna agreed
Germany says Opel aid is unconditional
Berlin :: Germany | about 1 month ago
Credibility EDT Last updated on Monday, Oct. 19, 2009 6:54AM EDT G ermany has assured GM and the Opel Trust that its €4.5-billion ($6.70-billion U.S.) offer in financial aid for Opel is not tied to the choice of an investor or a plan, a European Commission spokesman...
Tags: Germany, Opel Trust, GM Europe, EU Competition, GME, Magna International Inc., European Union, General Motors Co., bidding process, General Motors Corp.
EU Commission concerned over German Opel aid
Berlin :: Germany | about 1 month ago
Credibility The European Commission voiced concern yesterday over Germany's planned aid for a consortium led by Magna to take a majority in carmaker Opel and suggested that General Motors Co. be allowed to "reconsider" the deal. GM is expected to sell a majority...
Tags: Magna International Inc., Opel Sale Faces EU, European Commission Treaty, Germany, EU Commission, EU Competition Commissioner, Mr Guttenberg, General Motors Co., zu guttenberg, opel deal
GM Nears Opel Deal but Hurdles Remain
Madrid :: Spain | about 1 month ago
Credibility Opel division to a group led by Magna International Inc., but the sale still faces a number of daunting political and regulatory hurdles before it can take effect. People close to the negotiations said Magna and its partner, Russian bank OAO Sberbank,...
Magna meets with Spanish, British Opel unions
Madrid :: Spain | about 1 month ago
Credibility Canadian auto parts maker Magna International Inc. met with Spanish union officials Wednesday to discuss job cuts at an Opel plant targeted to be cut. The loonie continued its stunning gain Tuesday, gaining .73 to close at 96.48 cents US. Bloomberg...
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