Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 22, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: Vauxhall

Vauxhall stories: 3 news summaries

 GM to Sell Opel 
 to Canada's Magna 

Detroit firm also recommends Vauxhall go to Magna

Sep 10, 09 9:30 AM CDT
(Newser) - After painfully drawn-out negotiations, General Motors’ board has agreed to sell its Opel unit to Canadian firm Magna International, maintaining a tie that will keep Opel a "a fully integrated part of GM's global product development organization," the company said. The German government, which earlier this year loaned... More »

MORE ABOUT:
Angela Merkel • Magna International Inc. • Germany • Canada • bankruptcy • General Motors • Detroit • acquisition • Big Three • Opel • Vauxhall

(Newser) - A Canadian auto supplier took a huge step toward acquiring GM's European brands today, the Wall Street Journal reports. Emerging from negotiations, Germany's finance minister approved Magna's merger with GM's German arm Opel, pledging about $2.1 billion to help keep Opel afloat. But details remain: Germany is still... More »

MORE ABOUT:
Germany • General Motors • Opel • Vauxhall

GM's Opel, Vauxhall Get a Shot at Survival

Canadian firm wants to buy brands, but deal needs German help

May 29, 09 11:48 AM CDT
(Newser) - Canadian auto supplier Magna wants to buy GM’s European brands, offering Opel and Vauxhall a chance at survival, the Wall Street Journal reports. A deal for Opel would need temporary German funding. Angela Merkel’s government is debating putting up some $2 billion—but wants GM and the US... More »

MORE ABOUT:
Angela Merkel • Magna International Inc. • Germany • General Motors • Treasury Department • auto industry • Opel • Vauxhall

3 Stories


from our news partners