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The War of Nerves Around Opel

It seems that buying Opel by the Canadian-Austrian manufacturer of automotive components Magna Рis a case that is resolved. However, the ongoing negotiations between Magna and the parent corporation of  Opel РGeneral Motors (GM) Рis increasingly becoming a war of nerves. Thus, an information has been released from the depths of GM Read more

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The possibility of Opel bankruptcy is still there

The possibility of the bankruptcy of the German automaker Opel is still there. This statement was made by the Minister of Economy of Germany Gutenberg. “All of this can still happen” – he said. Previously, Karl-Theodor zu Gutenberg has repeatedly stated that the acquisition of the German automaker Opel by Magna International Inc. carries many Read more

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General Motors is no longer alive

Global Automotive World is rapidly changing its appearance under the influence of the global economic crisis. General Motors, founded in 1908, the largest automakers in the world for 77 years, applied to the court a statement of voluntary bankruptcy on June 1, which provides court protection from creditors. Most recently, symbolizing the power and dynamism Read more