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His neck turns red. His cheeks become flushed. Frank Stronach is close to erupting again in another row over one of his ideas. The physical changes are cues for anyone else to leave the room. Come back later. Fight another day. Perhaps. Full Article at Toronto Star
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It is a room where multi-billion dollar deals are scrapped after months of negotiations and chief executives are ousted after eight months in the job. Full Article at The Telegraph
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-- Wilbur L. Ross, Jr. , Chairman & CEO, WL Ross & Co. Full Article at TheAutoChannel.com
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At the Aston Martin’s Rapide factory in Graz, Shane O’Donoghue discovers there’s a little piece of Ireland in every car MUINE BHEAG in Co Carlow (also known as Bagenalstown) boasts a modest population of not much more than 2,500, yet it can also lay... Full Article at Irish Times
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At the same, the U.S. automaker cast around for fresh options for Sweden's loss-making Saab after the collapse of its sale to luxury carmaker Koenigsegg added a new dimension to its tortuous European restructuring plans. Full Article at International Business Times
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Earlier this month the U.S. automaker backtracked on months of talks to sell a majority stake in Opel to a consortium led by Canada's Magna International, opting to keep and revamp the business itself. Full Article at The Post Chronicle
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The GMT900 platform is by far the highest volume chassis General Motors has here in the States, as it underpins the Chevrolet Silverado, Tahoe, Avalanche and Suburban, the Cadillac Escalade/Escalade ESV, and the GMC Sierra, Yukon and Yukon XL. Full Article at AutoblogGreen
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Magna International Inc. will supply major structural components for General Motor Co.'s next generation of full-size pickup trucks and sport-utility vehicles, securing the renewal of a key contract from its largest customer. Full Article at Canada.com
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Nick Reilly, the boss brought in from GM's thriving Asian operations to help revamp Opel, told reports in Duesseldorf on Tuesday that said his plans now call for cutting 9,000 to 9,500 jobs at Opel and British sister brand Vauxhall. Full Article at International Business Times
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Magna International unit Cosma International has announced it will supply the frame [chassis] assembly for General Motors' next generation of full-size light-duty pickups and SUVs. Full Article at Just-Auto.com
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AURORA, Ont. - Magna International Inc. (TSX:MG.A) had some welcome news for recession-battered St. Thomas, Ont. , on Monday, announcing that it has been chosen to supply frame assemblies for General Motors' next generation of full-size pickups and SUVs. Full Article at Canoe
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BRUSSELS (Reuters) -- General Motors will present a plan to European governments to save struggling carmaker Opel within days, a rescue set to cost 3.3 billion euros ($4.9 billion), those involved in talks said today. Full Article at Automotive News
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Three-month stock chart for Magna International on the TSX. (CBC) An operating unit of Magna International Inc. has been chosen to supply frame assemblies for a new generation of full-size pickups and SUV from General Motors. Full Article at CBC News
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Magna International Inc. (TSX: MG.A) had some welcome news for recession-battered St. Thomas, Ont. , on Monday, announcing that it has been chosen to supply frame assemblies for General Motors' next generation of full-size pickups and SUVs. Full Article at Toronto Star
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AURORA, Ont. - Magna International Inc. (TSX:MG.A) had some welcome news for recession-battered Windsor, Ont. , on Monday, announcing that it has been chosen to supply frame assemblies for General Motrors's next generation of full-size pickups and SUVs. Full Article at Canadian Business Online
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AURORA, ON, Nov. 23 /PRNewswire-FirstCall/ - Cosma International, an operating unit of Magna International Inc. and a leading global automotive body and chassis systems supplier, announced today that it will supply the frame assembly for General Motors' Full Article at PR Newswire
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By Peppi Kiviniemi, Adam Cohen And Matthew Dalton BRUSSELS -- General Motors Co. wants European Union governments to help provide €3.3 billion ($4.9 billion) for its Adam Opel GmbH unit, but will restructure the auto maker without state help if needed,... Full Article at Wall Street Journal
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Frank Stronach should thank the gods, or at least General Motors, for taking away his chance to prove he can build cars better than customers of his Magna International empire. Full Article at Canadian Business Online
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Rediff Business Desk in Mumbai He was adopted by a middle class family in Chicago nine months after he was born to an unwed Jewish lady. Full Article at Rediff
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Search the following areas: Following its cancelled sale of Opel to Canada’s Magna International, General Motors will present its turnaround plan for the ailing German car maker next month. Full Article at Leftlane
About Magna International, Inc.
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AP Photo
Don Walker, co-chief executive officer of Magna International Inc. , speaks during a press conference in Tokyo, Japan, Tuesday, Sept. 22, 2009.
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AP Photo
Don Walker, right, co-chief executive officer of Magna International Inc. , speaks as Magna Vice President of Business Development James J. Tobin looks on during a press conference in Tokyo, Japan, Tuesday, Sept. 22, 2009.
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AP Photo
Don Walker, co-chief executive officer of Magna International Inc. , listens to a reporter's question during a press conference in Tokyo, Japan, Tuesday, Sept. 22, 2009.
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Reuters Pictures
Magna International Inc Co-Chief Executive Donald Walker (L) speaks to the media beside Executive Vice President of Business Development James Tobin during a news conference about the company's investment in the Opel car company at Magna's headquarters in Aurora, Ontario September 14, 2...
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Reuters Pictures
Magna International Inc Co-Chief Executive Donald Walker (L) speaks to the media beside Executive Vice President of Business Development James Tobin during a news conference about the company's investment in the Opel car company at Magna's headquarters in Aurora, Ontario September 14, 2...
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Reuters Pictures
Magna International Inc Co-Chief Executive Donald Walker speaks to the media about the company's investment in the Opel car company at Magna's headquarters in Aurora, Ontario September 14, 2009.
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Reuters Pictures
Magna International Inc Co-Chief Executive Donald Walker speaks to the media about the company's investment in the Opel car company at Magna's headquarters in Aurora, Ontario September 14, 2009.
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Reuters Pictures
Magna International Inc Co-Chief Executive Donald Walker speaks to the media about the company's investment in the Opel car company at Magna's headquarters in Aurora, Ontario September 14, 2009.
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Reuters Pictures
Magna International Inc Co-Chief Executive Donald Walker (L) speaks to the media beside Executive Vice President of Business Development James Tobin during a news conference about the company's investment in the Opel car company at Magna's headquarters in Aurora, Ontario September 14, 2...
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AP Photo
Magna International Inc. executives Donald Walker, right, and James Tobin announce details of their joint offer to acquire a 55 per cent interest in Opel during a press conference in Aurora, Ont. , north of Toronto, Monday, Sept. 14, 2009.
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AP Photo
Magna International Inc. executives Donald Walker, left, and James Tobin announce details of their joint offer to acquire a 55 per cent interest in Opel during a press conference in Aurora, Ont. , north of Toronto, Monday, Sept. 14, 2009.
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Reuters Pictures
File photo of Magna International Inc. Chairman Frank Stronach speaking during the annual general meeting of shareholders in Toronto May 6, 2009. German Chancellor Angela Merkel on September 10, 2009 confirmed that General Motors GM will sell Opel to Magna. Picture taken May 6, 2009.
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Reuters Pictures
Magna International Inc. Chairman Frank Stronach (R) shakes hands with GM Europe President Carl-Peter Forster in Cologne September 9, 2009.
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Reuters Pictures
Magna International Inc. Chairman Frank Stronach gives a statement in Cologne September 9, 2009. Stronach said he expects a decision by General Motors on Opel within the next two weeks.
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Reuters Pictures
Magna International Inc. Chairman Frank Stronach gives a statement in Cologne September 9, 2009. Stronach said he expects a decision by General Motors on Opel within the next two weeks.
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Reuters Pictures
Magna International Inc. Chairman Frank Stronach gives a statement in Cologne September 9, 2009. Stronach said he expects a decision by General Motors on Opel within the next two weeks.
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Reuters Pictures
Magna International Inc. Chairman Frank Stronach gives a statement in Cologne September 9, 2009. Stronach said he expects a decision by General Motors on Opel within the next two weeks.
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Reuters Pictures
Magna International Inc. Chairman Frank Stronach gives a statement in Cologne September 9, 2009. Stronach said he expects a decision by General Motors on Opel within the next two weeks.
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Reuters Pictures
A Magna Steyr logo is pictured in Graz June 3, 2009. Canadian auto supplier Magna International aims to close a deal with General Motors over its Opel unit in September, Magna's co-Chief Executive Siegfried Wolf said Wednesday.
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Reuters Pictures
A Magna Steyr logo is pictured in Graz June 3, 2009. Canadian auto supplier Magna International aims to close a deal with General Motors over its Opel unit in September, Magna's co-Chief Executive Siegfried Wolf said Wednesday.
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Reuters Pictures
A Magna Steyr logo is pictured in Graz June 3, 2009. Canadian auto supplier Magna International aims to close a deal with General Motors over its Opel unit in September, Magna's co-Chief Executive Siegfried Wolf said Wednesday.
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Reuters Pictures
Magna co-Chief Executive Siegfried Wolf (L) and GM Europe President Carl-Peter Forster attend a news conference after talks in the headquarters of German car manufacturer Opel in Ruesselsheim June 3, 2009.
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Reuters Pictures
Magna co-Chief Executive Siegfried Wolf (L-R), Klaus Franz, leader of the Opel works council and GM Europe President Carl-Peter Forster attend a news conference after talks in the headquarters of German car manufacturer Opel in Ruesselsheim June 3, 2009.
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Reuters Pictures
Magna co-Chief Executive Siegfried Wolf smiles during a news conference after talks in the headquarters of German car manufacturer Opel in Ruesselsheim June 3, 2009.
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Reuters Pictures
Magna co-Chief Executive Siegfried Wolf smiles during a news conference after talks in the headquarters of German car manufacturer Opel in Ruesselsheim June 3, 2009.
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AP Photo
Don Walker, right, co-chief executive officer of Magna International Inc. , speaks as Magna Vice President of Business Development James J. Tobin looks on during a press conference in Tokyo, Japan, Tuesday, Sept. 22, 2009.
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