Sat, Jul 4th, 2009
BERLIN - Negotiations for the sale of General Motors Corp.'s unit Adam Opel GmbH to Canadian autoparts maker Magna are progressing well and should soon be complete, the head of GM Europe said in remarks released Saturday.
Carl-Peter Forster was quoted as telling the Frankfurter Allgemeine Zeitung that he hoped the sale of Opel to Magna International Inc. could be complete by mid-July.
"It's only about the details," he was quoted as telling the FAZ, according to a copy of remarks released before their publication in the newspaper Sunday.
Related stories from top sites:
GM emerges from bankruptcy protection
Jul 2nd, 2009 - XinHua
CHICAGO, July 10 (Xinhua) -- General Motors, the biggest U.S. automaker, has exited bankruptcy protection with reduced debts of 48 billion U.S. dollars in 41 days, far quicker than expected.
After a quick bankruptcy, now it's General Motors Co.
Jul 2nd, 2009 - Freep.com
The 100-year-old General Motors Corp. was reborn today as General Motors Co. after a historic rush through bankruptcy that lasted all of 40 days. The speed surprised even GM executives...
Opel sale to Magna is down to 'details', says GM Europe chief
Jul 2nd, 2009 - Earth Times
Frankfurt - The sale of General Motors' (GM) European subsidiary Opel to Canadian car parts manufacturer Magna is on track for completion this month, the head of GM Europe said in a newspaper interview to be published Sunday...
GM Europe head says to sell Opel to Magna soon: report
Jul 2nd, 2009 - Reuters
FRANKFURT (Reuters) - General Motors Europe President Carl-Peter Forster expects to sell German unit Opel to Canadian auto parts supplier Magna soon, he told a German newspaper. "I am quite confident after a top-level meeting of GM and Magna...
GM to uphold dealer rights after bankruptcy
Jul 2nd, 2009 - Washington Times
General Motors Corp. reached an agreement with 30 state attorneys general Thursday to maintain the protections and rights dealers enjoy under state laws when the automaker emerges from bankruptcy...




Leave a Reply