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Beijing Automotive Submits Offer for Opel

Beijing Automotive Industry Holding Co. has submitted an offer for General Motors Corp.’s Opel division. The Chinese company’s bid gives the automaker more options in case their negotiations with Magna fail. Ontario-based Magna International Inc. was selected by the German government a few months ago as the preferred bidder for Opel. Magna is Canada’s largest auto [...] Post from:...

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GM Europe head says to sell Opel to Magna soon: report

FRANKFURT (Reuters) - General Motors Europe President Carl-Peter Forster expects to sell German unit Opel to Canadian auto parts supplier Magna soon, he told a German newspaper.

1Vote!

GM says Beijing Auto has submitted offer for Opel

General Motors Corp. said Beijing Automotive Industry Holding Co. submitted an offer for its Opel division, giving the bankrupt U.S. automaker more options in the event negotiations with Magna International Inc. fail.

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Cummins reopening Ind. plant, while another closes

Cummins Inc. is recalling 400 laid-off workers as it resumes production at a Columbus factory, while nearly 300 people lost their jobs as an auto parts company idled a plant in nearby Shelbyville.

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Cummins reopening Ind. plant, while another closes

Cummins Inc. is recalling 400 laid-off workers as it resumes production at a Columbus factory, while nearly 300 people lost their jobs as an auto parts company idled a plant in nearby Shelbyville. Cummins is preparing to resume production of the Dodge Ram... Sponsored Topics: Cummins - Dodge - Dodge Ram - List of auto parts - Parts and Accessories

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Cummins reopening Ind. plant, while another closes

Cummins Inc. is recalling 400 laid-off workers as it resumes production at a Columbus factory, while nearly 300 people lost their jobs as an auto parts company idled a plant in nearby Shelbyville.

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Cummins reopening Ind. plant, while another closes

COLUMBUS, Ind. -- Cummins Inc. is recalling 400 laid-off workers as it resumes production at a Columbus factory, while nearly 300 people lost their jobs as an auto parts company idled a plant in nearby Shelbyville.

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Auto parts maker idles Shelbyville plant

Meridian Automotive Systems' action puts 295 people out of work.

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Auto parts maker shutting down Indiana plant

Meridian Automotive Systems is idling a central Indiana factory, putting 295 people out of work. The company told city officials on Thursday that it was closing the Shelbyville plant for an indefinite period. The announcement came less than month after... Sponsored Topics: Indiana - United States - Shelbyville - Factory - Society and Culture

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Auto parts maker shutting down Indiana plant

Meridian Automotive Systems is idling a central Indiana factory, putting 295 people out of work.

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Auto parts maker shutting down Indiana plant

Meridian Automotive Systems is idling a central Indiana factory, putting 295 people out of work.

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Auto parts maker shutting down Indiana plant

SHELBYVILLE, Ind. -- Meridian Automotive Systems is idling a central Indiana factory, putting 295 people out of work.

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China moves on Opel with BAIC bid

FRANKFURT/MUNICH (Reuters) - A Chinese automaker has offered to buy a stake in General Motors unit Opel, challenging a deal from Canadian auto parts supplier Magna, sources said on Friday.

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'09 Auto Engine Tech Seminar held in Shanghai

'09 Auto Engine Tech Seminar held in Shanghai By George Gao From:Gasgoo.com July 03, 2009 Shanghai, July 3 (EIN News) The "2009 Automotive Engine Technology Seminar & 2009 Auto Engine Parts Match-making Event" was held in Shanghai Automobile Exhibition Centre on June 30, Gasgoo.com said yesterday. The meeting, which consisted of the auto engine technology seminar and auto engine &...

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Industrial Info Resources: Johnson Controls Plans $100 Million Recycling Center in South Carolina, an Industrial Info News Alert

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- Johnson Controls Power Solutions (Milwaukee, Wisconsin), a subsidiary of Johnson Controls Incorporated (NYSE: JCI) (Milwaukee), is planning to construct a $100 million recycling center in Florence, South Carolina.

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BAIC to show its bid for Opel, in case the Magna deal fails

BAIC to show its bid for Opel, in case the Magna deal fails - trymi

There are reports stating that the top brass of Beijing Automotive Industry Holding Co. is due to have a conference with the officials of GM this week to brainstorm its intentions for Opel , in case the deal with Magna International fail to push through.

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Magna to announce Opel takeover within five weeks

Magna to announce Opel takeover within five weeks - trymi

In a matter of five weeks Magna International and the state run Russian bank Sberbank will know if they will be finalizing their takeover of Opel . July 15 is the date set for finalizing the agreement that should serve as the basis of a contract.

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Magna will have a complete firewall with Opel

Magna will have a complete firewall with Opel - trymi

Because of Magna’s impending takeover of Opel , several carmakers have voiced their concerns about the implications of the takeover since they are using Magna International as the supplier of their car parts. car news , magna opel news , opel news