Cars
Italy's Fiat Group has just issued a 'Spartan' press release announcing that today it has officially submitted an offer for General Motors' European businesses of Opel and Vauxhall. The Italian automaker did not disclose any details whatsoever on the offer but it did say that should the transaction be concluded, it would create a new company encompassing the activities of Fiat Group Automobiles (including its stake in Chrysler) and Opel. We'll keep a close eye on this developing story and will pass on any information as soon as we come across it.
- Fiat To Supply Opel With Commercial Vehicles Made In Turkey
In this day and age, automakers are either buying each other up forming new groups or constantly deepening their cooperation with their counterparts. The Fiat Group, which recently acquired a 20% stake in Chrysler, is now expanding its commercial vehicle...
- Report Says Opel-magna Deal Hits Snag, Gm Close To Signing Agreement With Belgium's Rjh
General Motors is close to signing an memorandum of understanding with RHJ International, a Belgium-based industrial holding company, to sell a stake of its European division that includes Opel and Vauxhall, as talks with Magna International have hit...
- Red Flag? German Minister Says Chinese Bid For Opel Came Too Late
According to a statement made to the press today by Germany's Finance Minister Peer Steinbrueck, China's Beijing Automotive Industry Corp (BAIC) had submitted an offer for GM's Opel division but the bid came too late for the government to...
- European Opel And Vauxhall Dealers Want To Buy 20% Stake From General Motors
Instead of waiting for fate to strike, Opel and Vauxhall dealers in Europe have decided to take matters into their own hands by making a proposition to buy a direct equity stake in the European automaker that has been put up for sale by General Motors....
- Fiat Rumored To Be Interested In Buying A Majority Stake In Opel
Not long ago, the Fiat Group was partially in the arms of General Motors and in deep financial woes with many analysts then questioning the automaker's future. Now, the Italians have emerged as an automotive powerhouse that's not only fighting...
Cars
BREAKING: FIAT Group Submits Offer for GM's Opel and Vauxhall Units
Italy's Fiat Group has just issued a 'Spartan' press release announcing that today it has officially submitted an offer for General Motors' European businesses of Opel and Vauxhall. The Italian automaker did not disclose any details whatsoever on the offer but it did say that should the transaction be concluded, it would create a new company encompassing the activities of Fiat Group Automobiles (including its stake in Chrysler) and Opel. We'll keep a close eye on this developing story and will pass on any information as soon as we come across it.- Fiat To Supply Opel With Commercial Vehicles Made In Turkey
In this day and age, automakers are either buying each other up forming new groups or constantly deepening their cooperation with their counterparts. The Fiat Group, which recently acquired a 20% stake in Chrysler, is now expanding its commercial vehicle...
- Report Says Opel-magna Deal Hits Snag, Gm Close To Signing Agreement With Belgium's Rjh
General Motors is close to signing an memorandum of understanding with RHJ International, a Belgium-based industrial holding company, to sell a stake of its European division that includes Opel and Vauxhall, as talks with Magna International have hit...
- Red Flag? German Minister Says Chinese Bid For Opel Came Too Late
According to a statement made to the press today by Germany's Finance Minister Peer Steinbrueck, China's Beijing Automotive Industry Corp (BAIC) had submitted an offer for GM's Opel division but the bid came too late for the government to...
- European Opel And Vauxhall Dealers Want To Buy 20% Stake From General Motors
Instead of waiting for fate to strike, Opel and Vauxhall dealers in Europe have decided to take matters into their own hands by making a proposition to buy a direct equity stake in the European automaker that has been put up for sale by General Motors....
- Fiat Rumored To Be Interested In Buying A Majority Stake In Opel
Not long ago, the Fiat Group was partially in the arms of General Motors and in deep financial woes with many analysts then questioning the automaker's future. Now, the Italians have emerged as an automotive powerhouse that's not only fighting...