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Bad Saab News: GM to Close Saab
Bad news for Saab: GM will close down Saab after the deal to sell the Swedish automaker to Spyker Cars fell through. GM, itself in deep financial trouble, will have to ditch the sporty Saab brand, which it took...
created by Jordan Yerman | 6 days ago | updated 6 days ago
311 views | 10 recommendations | 2 comments
311 views | 10 recommendations | 2 comments
Koenigsegg closed the deal for buying SAAB
Swedish car manufacturer – Koenigsegg – closed the deal on buying SAAB. It's the second collapsed deal for General Motors to sell it's lossmaking brands to outside investors. It took two months of...
created by Giedre Sarkunaite | 4 wks ago | updated 4 wks ago
80 views | 0 recommendations | 0 comments
80 views | 0 recommendations | 0 comments
Canadian Auto Company Magna to cut 10,500 jobs; 4,500 in Germany
In the last week the major news in the automotive industry was that ailing auto giant General Motors have sold their Opel and Vauxhall companies to Canadian auto part manufacture Magna International Inc.
Now...
created by israeli.agent | 14 wks ago | updated 14 wks ago
176 views | 42 recommendations | 4 comments
176 views | 42 recommendations | 4 comments
Opel and Vauxhall sold to Magna by General Motors
General Motors have said they are to sell their Opel and Vauxhall companies to Canadian car parts manufacturer Magna. This seems to have been welcomed by most apart from here in the UK where British unions have... German Government Continues to work on Opel Solution
Early on this year it was thought that a deal had been in place for the sale of the German GM Automaker Opel to Magna Canada. There was some involvement by Russian partners. GM prefers the Belgique... GM to Sell Cars on eBay
General Motors Co. announced today that they will allow buyers to purchase cars from California Chevrolet, Buick, GMC, and Pontiac dealers through the eBay online marketplace. Two months after GM filed for... Ford posts surprise Second Quarter profit
Ford Motor Company, the only major American automaker that did not take stimulus money, has posted a surprise second quarter profit. Ford posted a profit of $2.8 Billion in the second quarter. ... THE OBAMA DEBACLE?
Despite overheated rhetoric by its defenders, history will not prove kind to George W. Bush and his foreign policy decisions that have been or well be debacles. The Obama administration is quite right to argue repeatedly that the Bush team left behind a foreign policy mess... Swedish Koenigsegg bought Saab
Swedish luxury car manufacturer Koenigsegg made a deal with US General Motors and bought Saab. While General Motors is failing to get any profit European Koenigsegg seems to grow bigger. According to Financial...
created by giedre-sa.com | 27 wks ago | updated 27 wks ago
2618 views | 36 recommendations | 8 comments
2618 views | 36 recommendations | 8 comments
It Will Take a Miracle for GM to Pay U.S. Back
I was impressed by What I Learned Today about the “bill of goods” that is being sold to the American taxpayer in the form of the government rescue of General Motors: $30.1 billion = 60 percent stake in New... ‘Pack Up Your Troubles in Your New S__t Bag’
The kind of bag Americans might soon need is different than the song-inspiring bag into which they packed all their troubles nearly a century ago — and it’s not a “kit” bag. In 1915, when George Asef and Felix Powell came up with the lyrics for the song, “Pack Up... GM Says Bankruptcy Won't Affect Its 2010 Olympic Sponsorship Deal
Despite filing for bankruptcy protection today, GM says it will stay committed to its Olympic Sponsorship deal with the 2010 Vancouver Olympic Games. US President Barack Obama announced that GM will file for...
created by Yuliya Talmazan | 29 wks ago | updated 29 wks ago
149 views | 4 recommendations | 1 comment
149 views | 4 recommendations | 1 comment
Obama Announces General Motors Bankruptcy Filing for Chapter 11
US President Barack Obama is announcing General Motors' bankruptcy protection filing, stating that the federal government is a "reluctant shareholder" and does not want to get involved in day-to-day management of...
created by Jordan Yerman | 29 wks ago | updated 29 wks ago
1554 views | 36 recommendations | 4 comments
1554 views | 36 recommendations | 4 comments
Germans approve Magna Opel Deal
Opel is the German Arm of troubled General Motors. For days there has been speculation whether or not Magna or Fiat, and the Russian Company Sberbank would take over the company.Late Friday night, the... GM Plans to File for Chapter 11 Bankruptcy June 1
General Motors (GM) is planning to file for Chapter 11 bankruptcy protection on June 1, seeking additional funding from the US treasury as it sells off its assets and restructures. "The automaker will be provided...
created by Jordan Yerman | 30 wks ago | updated 30 wks ago
189 views | 24 recommendations | 4 comments
189 views | 24 recommendations | 4 comments
