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DETROIT, Nov. 8 (UPI) -- U.S. automaker General Motors says it is pushing ahead with plans to work with Canadian parts supplier Magna International Inc. on a Russian production deal. Full Article at United Press International
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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
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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
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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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Frank Stronach's vision of turning his Magna International Inc. Full Article at Globe and Mail
Related Quotes
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We will have to take into account this style of dealing with partners in the future, though this scornful approach toward partners mainly affects the Europeans, not us
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This is a good lesson. … We must take into account this kind of cooperation with our partners in the future
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Everyone was notified after the fact, despite the agreements that had been reached and the documents that had been signed, including legal ones
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Nobody warned anybody about anything
