Detroit News Online logo Detroit News Online 2 weeks ago

GM tries to restart deal with Magna in Russia

General Motors Co. hopes to salvage a key element of the collapsed plan to sell its Adam Opel GmbH carmaker -- a three-way production deal in Russia. Full Article at Detroit News Online

Related Topics:

  1. General Motors
  2. Sberbank
  3. Vauxhall

Related Articles

  1. Globe and Mail logo
    Magna in talks with GM about plant in Russia
    2 weeks ago

    M agna International Inc. is in discussions with General Motors Co. and auto maker OAO GAZ to build a vehicle assembly plant in Russia, Magna chairman Frank Stronach says, showing that the parts giant remains eager to tap the country's emerging economy. Full Article at Globe and Mail

  2. RIA Novosti logo
    GM decides to retain Opel
    2 weeks ago

    MOSCOW. Full Article at RIA Novosti

  3. Strikes called over sell-off failure
    2 weeks ago

    Opel labor representatives called for work stoppages across Europe to protest General Motor Co's decision not to sell its European subsidiary. Full Article at People's Daily Online

  4. MarketWatch logo
    GM board decides not to sell Opel: reports
    2 weeks ago

    SAN FRANCISCO (MarketWatch) -- General Motors Co.'s board has decided not to sell its Opel unit, according to media reports late Tuesday, citing sources briefed on the decision. Full Article at MarketWatch

Related Quotes

  1. It doesn't hurt our interests, but it speaks of a peculiar culture of communication of American business with its business partners ... This arrogant attitude is directed first and foremost at the Europeans rather than at us.
    Vladimir Putin – Vladimir Putin SOURCE: Detroit News Online 2 weeks ago
  2. We hope by the end of the first quarter to have a restructuring plan agreed with governments and unions
    – John Smith SOURCE: Detroit News Online 2 weeks ago
  3. This is a lesson, and we will need to take this approach to dealing with partners into account in the future
    Vladimir Putin – Vladimir Putin SOURCE: Channel News Asia 2 weeks ago
  4. We see it as a great market
    – Frank Stronach SOURCE: Globe and Mail 2 weeks ago
View all Related Quotes »
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  1. Chief of Russian Sberbank, German Gref, left, and Co-Ceo of Austrian Magna company Siegfried Wolf, 2nd left, meet in a hotel prior to their press conference in Frankfurt, central Germany, Monday, Sept. 14, 2009.
  2. BERLIN - SEPTEMBER 10: John Smith, lead negotiator for U.S. carmaker General Motors, speaks at a press conference to announce GM's final decision over the future of German carmaker Adam Opel on September 10, 2009 in Berlin, Germany.
  3. German Deputy Economy Minister Jochen Homann arrives at the European Commission headquarters ahead of a meeting on the future of Opel in Brussels November 23, 2009.
  4. VANCOUVER, CANADA - NOVEMBER 1: Tanner Glass #15 of the Vancouver Canucks tries to deflect the puck past Craig Anderson #41 of the Colorado Avalanche during their game at General Motors Place November 1, 2009 in Vancouver, Canada.
  5. SHANGHAI, CHINA - OCTOBER 13: General Motors Chief Executive Fritz Henderson (C) and Ding Lei (L), general manager of Shanghai GM, visit the GM sales center at the Pudong District on October 13, 2009 in Shanghai, China.
  6. XINJIN COUNTY, CHINA - OCTOBER 10: A Sichuan Tengzhong Heavy Industrial Machinery Co. , Ltd. plant is seen on October 10, 2009 in Xinjin County of Sichuan Province, China.
  7. MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida.
  8. FORT LAUDERDALE, FL - OCTOBER 08: Frederick 'Fritz' Henderson (L), chief executive officer of General Motors, and Mike Jackson, chairman and chief executive officer of AutoNation, attend a town hall meeting together at Nova Southeastern University on October 8, 2009 in Fort Lauderdale, Florida.
  9. COLMA, CA - SEPTEMBER 30: Signage remains on the sales lot of the closed Saturn of Colma dealership September 30, 2009 in Colma, California. General Motors announced today that they will close its Saturn brand after negotiations with Penske Automotive to sell the brand fell apart.

Cast of Characters

  1. General Motors General Motors
  2. Sberbank Sberbank
  3. Vauxhall Vauxhall
  4. Angela Merkel Angela Merkel
  5. Frank Stronach
  6. Vladimir Putin Vladimir Putin