The Seattle Times logo The Seattle Times 1 month ago

Germany fumes over GM ditching Opel sale to Magna

Germany's politicians fumed with anger and Opel workers cancelled cost concessions and readied walkouts after General Motors Co. abandoned the sale of its European subsidiary to parts maker Magna International and Russian bank Sberbank. Full Article at The Seattle Times

Related Topics:

  1. General Motors
  2. Sberbank
  3. Vauxhall

Related Articles

  1. RIA Novosti logo
    What the Russian papers say
    1 month ago

    MOSCOW, November 5 (RIA Novosti) Russia loses the Opel deal, may benefit from the loss/Gazprom may increase its stake in Germany's biggest gas trader/ Russian-French arms deal depends on political impulse - analysts/ Tax agencies want jobless to pay... Full Article at RIA Novosti

  2. Spiegel Online logo
    The World from Berlin: 'GM Has Done Serious Damage to the Trans-Atlantic Relationship'
    1 month ago

    The governors of states where the plants are located have also been particularly vocal in their criticism of the GM decision. Full Article at Spiegel Online

  3. Houston Chronicle logo
    Opel workers across Germany protest GM move
    1 month ago

    RUESSELSHEIM, Germany — Fearing widespread layoffs, thousands of Opel workers walked off the job across Germany today to protest General Motors Co.'s decision to abandon the unit's sale to new owners. Full Article at Houston Chronicle

  4. Globe and Mail logo
    GM's board scuttles Magna's deal for Opel
    1 month ago

    Frank Stronach's vision of turning his Magna International Inc. Full Article at Globe and Mail

View all Related Articles »

Related Quotes

  1. Now they must explain what they can do alone
    View articles, topics, and photos related to this quote – Roland Koch SOURCE: Spiegel Online 1 month ago
  2. GM didn't discuss anything with anyone.
    Vladimir Putin – Vladimir Putin SOURCE: Houston Chronicle 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. It is fantastic news for the UK and right that General Motors does not break up its family and instead retains ownership of (Opel sister brand) Vauxhall
    Tony Woodley – Tony Woodley SOURCE: International Business Times 1 month ago
View all Related Quotes »
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Browse More Photos

Daylife is the web's largest archive of news photos

  1. An undated file picture shows Walter Borst, finance manager of General Motors. General Motors appointed Borst as chairman of the supervisory board of Adam Opel GmbH on December 15, 2009.
  2. DETROIT - DECEMBER 7: Michigan Governor Jennifer Granholm gives a thumbs-up to the crowd of media and General Motors workers as she drives a new Chevrolet Volt extended range electric vehicle to the stage at the Detroit Hamtramck Assembly Plant to a stage December 7, 2009 in Detroit, Michigan.
  3. LOS ANGELES, CA - DECEMBER 2: General Motors Vice Chairman Bob Lutz delivers the Motor Press Guild keynote address during press preview days of the 2009 LA Auto Show at the Los Angeles Convention Center on December 2, 2009 in Los Angeles, California.
  4. DETROIT - DECEMBER 1: General Motors Chairman Ed Whitacre reads a statement announcing that Fritz Henderson will be stepping down as the CEO of the company at a news conference December 1, 2009 at the GM headquarters in Detroit, Michigan. Whitacre will take over as the interim CEO.
  5. KOROLEV, RUSSIA - OCTOBER 02: In this handout from NASA, NASA Administrator Charles Bolden (L) and Ambassador of the United States of America to the Russian Federation, John Beyrle arrive at Mission Control Center Moscow on October 2, 2009 in Korolev, Russia.
  6. ROME - JULY 19: Julia Pakhalina of Russian Federation competes in the Women's 1m Springboard Final at the Stadio del Nuoto on July 19, 2009 in Rome, Italy.

Cast of Characters

  1. General Motors General Motors
  2. Sberbank Sberbank
  3. Vauxhall Vauxhall
  4. Barack Obama Barack Obama
  5. European Union European Union
  6. Magna International, Inc. Magna International, Inc.