INAUTONEWS (Free subscription) | 11/06/2009
Magna International Inc is not looking at taking over any other automakers following the collapse of its deal to buy a stake in General Motors Co’s European operations, the auto parts maker’s co-CEO, Don Walker, said on Thursday. GM’s board of directors had approved the sale of a 55 percent stake in Germany-based Opel to the [...] > Read complete article inside...
Gasgoo.com (Free subscription) | 11/06/2009
Magna International Inc is not looking at taking over any other automakers following the collapse of its deal to buy a stake in General Motors Co's European operations, the auto parts maker's co-CEO, Don Walker, said on Thursday.
The Earth Times Online Newspaper (Free subscription) | 11/06/2009
Washington - Canadian-Austrian car-parts maker Magna International Inc Thursday posted its first quarterly profit since the third quarter of 2008. The company said it earned 51 million dollars, or 45 cents per share, in the third quarter, reversing a...
People Daily (Free subscription) | 11/05/2009
Opel labor representatives called for work stoppages across Europe to protest General Motor Co's decision not to sell its European subsidiary. Klaus Franz, chairman of Opel's works council, said workers would walk out starting today in brief, so-called "warning strikes" over GM's decision to call off a deal with Canadian parts maker Magna International Inc and Russian lender Sberbank. GM's...
INAUTONEWS (Free subscription) | 10/19/2009
European Union and German officials said they’re working to avoid a dispute over 4.5 billion euros ($6.9 billion) in state aid backing General Motors Co.’s sale of its Adam Opel GmbH division to Magna International Inc.. EU regulators want to ensure that any government help for Opel’s disposal meets competition rules before a transaction takes place [...] > Read complete article...
Gasgoo.com (Free subscription) | 10/19/2009
European Union and German officials said they're working to avoid a dispute over 4.5 billion euros ($6.9 billion) in state aid backing General Motors Co.'s sale of its Adam Opel GmbH division to Magna International Inc..
Gasgoo.com (Free subscription) | 09/28/2009
Shanghai, September 28 (Gasgoo.com) Magna International Inc, taking advantages of China's cheaper costs, plans to significantly increase its sourcing of spare parts in China by 2012.
The Business First of Buffalo (Free subscription) | 09/10/2009
General Motors Co. has decided to sell its Opel brand to Canadian auto parts manufacturer Magna International Inc, but has attached strings to the sale, Reuters reports.
People Daily (Free subscription) | 09/07/2009
General Motors Corp isn't under any major political influence to pick a buyer for its European car business, Adam Opel GmbH, German Finance Minister Peer Steinbrueck said on Saturday. Steinbrueck said he told United States Treasury Secretary Timothy Geithner once again that the German government favors a bid by Canadian car parts maker Magna International Inc and Russia's state-owned Sberbank over...
The Earth Times Online Newspaper (Free subscription) | 08/22/2009
Washington/Berlin - General Motors' newly-appointed board Friday failed to support a plan backed by its executives that would sell the US auto giant's European subsidiary, Opel, to Canadian auto supplier Magna International Inc, The Wall Street Journ...
INAUTONEWS (Free subscription) | 08/14/2009
Canadian car parts maker Magna International Inc said yesterday it has ironed out the final details in its bid to buy General Motors Co’s German Opel unit. Magna said “the open questions have been closed” in negotiations between GM and Magna management, and the contract will now go to GM’s board. The GM board will then have [...] > Read complete article inside...
Gasgoo.com (Free subscription) | 08/14/2009
Canadian car parts maker Magna International Inc said yesterday it has ironed out the final details in its bid to buy General Motors Co's German Opel unit.
CBC.ca (Free subscription) | 08/13/2009
Magna International Inc. said Thursday it has ironed out the final details in its bid to buy General Motors Co.'s Opel unit and the deal will now be put before GM's board.
Detroit News Online (Free subscription) | 08/13/2009
Canadian auto parts supplier Magna International Inc. has submitted a revised bid for General Motors Co.'s German carmaker Adam Opel to allay GM's concerns with its prior proposal.
Detroit Free Press (Free subscription) | 08/13/2009
Canadian car parts maker Magna International Inc. said Thursday it has ironed out the final details in its bid to buy General Motors Co.'s German Opel unit.
The 3 latest articles published by users on Magna International Inc. :
aarkstore | 08/04/2009
Magna International Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Magna International Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy. Magna International (Magna) designs, develops and manufactures automotive systems,...
trymi | 07/20/2009
Magna International founder, Frank Stronach, revealed plans to build electric vehicles and its components at factories in Canada within three years. Speaking with officials in the Canadian capital this week, Stronach said that he was not looking for grants or handouts from the government.
trymi | 06/26/2009
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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