Welcome to another chapter in the strange world once called GM Europe. Within a week the deal for Opel with Magna International and their Russian partners seems on the rocks. Saab is waiting for a loan from the European Investment Bank and is seeing production slow in comparison to orders.
GM has rankled negotiations by insisting [...]
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Belinda Stronach to Rejoin Magna
April 12, 2007That’s right, Pappa Frank’s little girl has given up on her foray into politics and is returning to the CEO position at the Magna International. For those who have been asleep, Magna is one of the companies in the running to buy Chrysler from Daimler. It seems like a pretty timely move for Belinda to [...]