Spiegel Online logo Spiegel Online 1 month ago

The Opel-Magna Debacle: A Disgrace for the Populists

A black eye for German Chancellor Angela Merkel

Magna, Magna, Magna. German politicians became so transfixed on one solution in the crisis at Opel that they fell into the populism trap and lost touch with reality. Full Article at Spiegel Online

Related Topics:

  1. General Motors
  2. Sberbank
  3. Vauxhall

Related Articles

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    GM opts to keep Opel, scraps sale to Magna!
    1 month ago

    Washington: US automaker General Motors has scrapped an on-again, off-again plan to sell its big European division, Opel, which had triggered a political and diplomatic controversy. Full Article at Zee News

  2. Canada.com logo
    Magna investors cheer death of Opel deal
    1 month ago

    General Motors' surprise decision to keep Opel, its European automaking unit, not only upset Frank Stronach's longtime aspiration to become an automaker, it also ticked off politicians, union leaders and car executives on both sides of the Atlantic,... Full Article at Canada.com

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    GM's board scuttles Magna's deal for Opel
    1 month ago

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  4. International Business Times logo
    GM opts to keep Opel, scraps sale to Magna
    1 month ago

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Related Quotes

  1. GM didn't discuss anything with anyone.
    Vladimir Putin – Vladimir Putin SOURCE: Atlanta Journal Constitution Vendor 1 month ago
  2. I have always said that if the right long-term sustainable solution is identified, then the government would be willing to support this
    Peter Mandelson – Peter Mandelson SOURCE: The Age 1 month ago
  3. It loses money and is extremely high-cost poduction in Germany, but if you write off Opel, you also [write off] Vauxhall in the U.K., and therefore the whole European market
    – Dennis Keene SOURCE: Popular Mechanics 1 month ago
  4. There is very little daylight between what RHJI proposed, what Magna proposed and what GM will propose
    View articles, topics, and photos related to this quote – John Smith SOURCE: The Age 1 month ago
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  6. BERLIN - DECEMBER 09: Ronald Pofalla, Minister of the Chancellery talks to German Agriculture and Consumer Protection Minister Ilse Aigner prior to the weekly German government cabinet meeting at the Chancellery (Bundeskanzleramt) on December 9, 2009 in Berlin, Germany.
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  8. BERLIN - DECEMBER 08: Former German Chancellor Helmut Kohl and his wife Maike Richter-Kohl attend a private dinner at Bellevue Pallace on December 8, 2009 in Berlin, Germany. German President Horst Koehler honored Kohl for the lifework of the former German chancellor.

Cast of Characters

  1. General Motors General Motors
  2. Sberbank Sberbank
  3. Magna International, Inc. Magna International, Inc.
  4. Vauxhall Vauxhall
  5. Angela Merkel Angela Merkel
  6. See stories, photos, and quotes about Frank Stronach Frank Stronach