Topic / Magna International

Magna International

Magna International related content:

Magna International stories:

VW to Resume Awarding Magna Car Parts Contracts, Bild Reports
Nov 13th, 2009 - Bloomberg
Nov. 13 (Bloomberg) -- Volkswagen AG plans to resumeawarding contracts to Magna International Inc. for car parts,Bild Zeitung reported. Since losing a bid to purchase General Motors Co.’s Opeldivision...
GM offers Opel workers words instead of freedom
Nov 10th, 2009 - Reuters
RUESSELSHEIM/BERLIN (Reuters) - General Motors Co dashed hopes on Tuesday that Opel would play a greater role within its vast empire and only offered vague assurances that Detroit would lengthen the leash on its rebellious European carmaker.
GM's Lutz to Oversee Opel
Nov 6th, 2009 - Wall Street Journal
A team of General Motors Co. executives will arrive in Germany on Monday to fine-tune a restructuring plan for Adam Opel GmbH and search out a new leader for the European unit, company officials said. The U.S...
Magna Jumps Most Since 1991 After Surprise Profit
Nov 6th, 2009 - Bloomberg
Nov. 6 (Bloomberg) -- Magna International Inc., the auto-parts supplier that tried to buy a majority stake in GeneralMotors Co.’s Opel unit, rose the most since 1991 in Torontoafter reporting an unexpected third-quarter profit.
Magna focusing on core business after Opel saga
Nov 5th, 2009 - CNNMoney
* Magna not looking to buy a stake in any other automakers * Q3 profit $0.45/share vs year-ago share loss of $1.93 * Sales down 16 pct to $4.67 billion * Analysts expected loss of $0.19/share...

Magna International videos from YouTube:

1:28
Frank Stronach - Magna International
Newmarket Chamber - Business Excellence Awards 2008
5:20
Spotlight - Magna International...
Magna Said to Be Frontrunner for Opel - Live! From Austria: Exclusive Interview with Co-CEO Siegfried Wolf (Bloomberg News)
2:13
Magna International
Sensational report says Magna International bidding $4.7B for Chrysler. Report by Niall McGee.
5:14
Spotlight - Magna International...
Canada's Magna Chosen as Buyer for Opel Unit - Live! From Berlin: Exclusive Interview with Co-CEO Siegfried Wolf (Bloomberg News)

Magna International stories from Digg:

Business as usual between Vw and Magna
Business as usual, according to Volkswagen AG, which has dropped its threat to halt awarding contracts to Magna International Inc. now that it won't be(Autos)
aka4wheelsSat, Nov 14th, 20091 Diggs, 0 Comments
Palazzo Belmonte: an oasis in a modern world
Palazzo Belmonte is a sophisticated Italian Historical Residence by the sea, less than 2 hours from Naples International Airport, south of the magical Amalfi Coast, in an unspoilt corner of Italy which lies in the heart of Magna Graecia. The perfect location for an unforgetable classy wedding in Italy.(Travel & Places)
LolaLovesMeFri, Nov 13th, 20091 Diggs, 0 Comments
Angela Merkel wants to see Opel restructuring plan asap
In response to the uproar caused by its choice to throw out months of negotiations with parts supplier Magna International Inc., General Motors Co. confirmed(Autos)
aka4wheelsSun, Nov 8th, 20091 Diggs, 0 Comments

Magna International from WikiPedia:

Magna International Inc. (TSX: MG) is a Canadian company based in Aurora, Ontario. It is Canada's largest automobile parts manufacturer, and one of the country's largest companies. It owns the successful Magna Steyr automobile production company of Austria.

The company was founded in 1957 by the Austrian-born Frank Stronach as Multimatic. This company merged with Magna Electronics in 1969, and the combined company became Magna International in 1973.

On May 30, 2009, it was announced that a deal had been reached to transfer General Motors Corporation (GM)-owned Opel and Vauxhall assets to a separate company majority-owned by a consortium led by Magna International. Subsequently, however, the deal was placed in limbo as GM declared opposition to it while the German government supported it.