Was Merkel deceived by the US Administration?

On Monday Angela Merkel became the first Chancellor of Germany to address a joint session of the US Congress.  Prior to her address she met briefly with President Obama. Ford announced a $1 Billion Profit,...

Magna purchase of Opel cancelled, GM shocks Germany

As part of General Motor's restructure plan, the troubled Auto Manufacturer had concluded a deal with Magna, a Canadian Company, to sell it's European assets, Opel and Vauxhall to Magna and Russia's Sherbank....

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...

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...

GM Goes Bust - American Icon Collapses

American Icon General Motors Corp.(GM) has gone bust.Yesterday,the motor giant,once hailed by Time as a symbol of American success, collapsed in landmark Chapter 11 bankruptcy with 88,000 employees.Amid the worst...

Canada's Magna Good for Opel, Merkel

Canadian Auto Parts giant will be good for Opel.  This is the opinion of Andrea Merkel, Chancellor of the Federal Republic of Germany.  Merkel says that Magna will promote future prospects of the...

Update: Congress no bailout, US car Industry dead; GM refuses Solarworld (so...

dFlash DW-TV Europe Update Nov-20 Bancrupt GM with no bailout by congress, no $25bn aid, high on the horse US car industry dead: GM, Ford, Chrysler and Cerberus Hedge fund go. GM says no, wants to ground electric...

Lack of demand shuts Opel plants in Germany

Slow down in the economy spreading auto sector in germany now manufacturor has started shuting iheir plants.."German carmaker Opel has announced it is temporarily suspending production at two of its plants due a sharp reduction in the demand for cars in the European market....

CHEVROLET VOLT ELECTRIC CAR, FIRST SECRET PHOTOS FLORIDA

GM goes ahead. The SUV crisis pushes the development of the CHEVROLET VOLTelectric car to the limit. The secret photos are shot in Florida. The name Volt is to see. In general the volt looks more civil than the...

1959 Opel gets 375 miles per gallon

Hybrid car-makers take note."Could you believe that a 1959 Opel made the 1975 Guiness World Record book? Its claim to fame is getting an amazing 376.59 miles per gallon of gasoline, and that in a 1973 contest...

GM Europe July vehicle sales fall (Reuters via Yahoo! News)

" 2 hours, 53 minutes ago FRANKFURT (Reuters) - General Motors' (NYSE: GM - news ) vehicle sales in Europe fell 1.6 percent in July, led lower by the Opel brand, but GM still gained market share, the world's biggest carmaker said on Monday. GM sold 156,680 cars and vans in...

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