opel

Magna alone was prepared to promise that it would keep every Opel factory in Germany open regardless of its efficiency.

General Motors' board of directors convenes later on Friday and sources close to the deal said the meeting would address the sale of Opel.

Little is known of RHJ's plans for Opel, though the automaker's Ghent, Belgium, plant might have been a priority for RHJ.

adaptive forward lighting from opel . it helps to see what ' s just around the corner . from bb do , south africa.

It was an admission both of how fragile Opel remains and how cross with the German government still is with GM.

Unless Fiat or Magna was prepared to come up with the money within 24 hours, Opel and Vauxhall would join their parent in insolvency.

It was an admission both of how fragile Opel remains and how cross the German government still is with GM.

It had never wanted to sell Opel, which despite being lossmaking is GM's main repository of expertise in technologies for smaller cars.

GM plans to keep Opel talks open until at least the end of the month, with an official announcement likely early next month.

Up until recently, Mr. Henderson had been a proponent of a deal that would sell 55% of Opel to Magna.

All of these decisions may yet be impacted by GM's ongoing troubles and the pending sale of a substantial portion of Opel as well.

Gamma 2, the platform on which it is to be based, will be shared with the next-generation Opel Corsa and the upcoming confirmed Beat.

This vision will then have to be translated physically and aesthetically into a future Opel vehicle.

The Opel Astra takes its place in Europe's largest and most competitive segment where no automaker is really giving any ground.

Magna was one of three bidders that submitted a plan to takeover Opel's operations yesterday.

Fiat and Magna's plans for Opel have been widely speculated on, though Ripplewood Holding's plans are also still in the dark.

At the heart of the controversy is whether Berlin would ever allow Opel to go bankrupt or step in to support GM financially.

It is based on an Opel design and went on sale in Shanghai in November 2009, a year ahead of North America.

Her comments followed GM's announcement late on Friday that its board had not made a decision concerning Opel.

GM's decision pitches the Detroit-based company into a new confrontation with the German government over Opel.

Of course, welding Fiat, Opel, and Chrysler into a sleek global carmaker would be a huge task.

The new Zafira, still a long way off in an uncertain future for the brand, looks like more of that re-invention on the part of Opel.

Even so, combining Opel and Fiat could save at least Euro 1 billion a year.

In private, GM's advisers and some board members acknowledge getting Opel to break even may be the best the company can do.

Selling off its Opel business was identified as a major priority by GM as it neared the end of this month. The bond exchange was another.

In July, Beijing Auto was set back in its global push when it was forced to drop a bid for control of GM's Adam Opel GmbH unit.

In an official statement, GAZ said it would be responsible for manufacturing Opel passenger cars at its Nizhny Novgorod plant.

Opel's new design language can be seen on the front and rear of the 2010 Astra, especially in the car's lighting treatments.

We've covered how the new Astra is in line with Opel's new design paradigm, epitomized by the Car of the Year winning Insignia model.

It also came to an agreement to sell control of its Opel division in Europe but reversed course and decided to keep it.

The final bids for Opel and its European affiliates are due by today in a sales process that has started to slip out of GM's hands.

Similar to the last three-door Opel Astra, the new Astra Sport Hatch will be more rakish and with a lower roofline.

The fate of Opel's U. K. , Poland, Belgium and Spain assembly plants is up in the air.

Yesterday Ms Merkel said Berlin had to act quickly to avoid Opel being dragged into a possible GM insolvency.

By the late 1930s Opel was the largest carmaker in Europe and GM was established as a global automotive giant.

But so far Fiat (and soon Chrysler) CEO Sergio Marchionne is only open to a 10% stake in the merged Opel-Fiat company, according to Reuters.

But it is a great project that has so far survived the economic crisis, as the Opel case also shows.

Opel is currently under a cloud after Germany declined to bail it out.

Despite the broader economic woes, he said, Opel must perform better.

Fiat, considered Magna's largest competitor in the bidding for Opel, lost out on the bidding.

Some bidders reportedly planned to move some Opel production out of Europe to save on production costs.

The company said it will work with European labor unions to develop a plan for meaningful contributions to Opel's restructuring.

GM agreed to spin off the Opel division before the troubled company went into bankruptcy earlier this year.

Sberbank intends to make Opel's technology available to its client, GAZ, Russia's second-biggest indigenous carmaker.

GM reached a preliminary deal Friday on the sale of a majority of its German auto subsidiary, Adam Opel GmbH.

Fiat, which has already formed an alliance with Chrysler, is now attempting to form a three-way alliance with Chrysler and Opel.

Still, Opel labor is divided on which buyer to favor, with immediate concerns about jobs being the major factor.

to win Opel and now Saturn from the rapidly disintegrating General Motors may prove to be an example of what happens when things go right.

Officially, Berlin is sticking to the line that it wants Opel sold as a precondition for providing financial support.

A possible outcome was understood to be that both bidders could be given access to management information at Opel.

When I was 12 years of age, I had become fascinated by the incredible speed records established by Max Valier and Fritz von Opel.

The Opel Zafira followed a year later as did a slew of other imitators.

Expanding it into Asia, or making Lancia and Fiat into broader European brands to rival Volkswagen, Renault or Opel would be extremely hard.

Eventually, Russia's OAO GAZ will build up to 180, 000 Opel-engineered cars in its Nizhny Novgorod, Russia, assembly plants.

They already share a B platform (for the Corsa and the Grande Punto) and Fiat would be happy to use Opel's excellent new C and D platforms.

He claimed that Germany was meddling too much in Opel's affairs for such a short-term solution.

Were the German government even to consider taking a stake in Opel, other German carmakers would cry foul.

It will go on sale this summer badged the Opel Insignia OPC in Continental Europe and as the Vauxhall Insignia VXR in the United Kingdom.

Opel's works council has mooted a similar plan in the battle to help rescue the troubled European arm of General Motors.

In Europe, GM has racked up years of losses at its Adam Opel GmbH unit.

"The agreement with General Motors does prevent us from selling Opel in the United States, " Magna founder Frank Stronach said.

The Opel Insignia model is also being rebranded as the Buick Regal for the United States and China markets.

Ultimately, I need to do this with Chrysler, but Opel gets me there much faster and with more immediate returns.

The European Union's competition regulator said she would study the terms of General Motors' plan to spin off Opel, its European arm.

Two of Opel's nine factories are thought to be especially vulnerable: Bochum in Germany and Antwerp in Belgium.

A majority stake of Opel is up for sale due to GM's need for cash and Opel's need for assistance.

The sooner Mr Reilly can concentrate on running Opel rather than just battling to save it, the better.

GM is reportedly considering bringing its Opel Insignia-based Buick Regal to the United States.

The first official photos of Opel's high-performance Insignia OPC are finally out in the open.

Opel later said it did not need the help anyway.

Akerson said troubles in Europe have hindered progress the auto maker was making in restructuring it's Opel European division.

In fact, it was almost as large as the Ford Cortina, Opel Ascona and Chrysler Alpine.

It will also lose control of its critical Opel unit in Europe when it sells its majority stake.

Opel is the German subsidiary of General Motors America, GM Europe is a window.

But GM had been leaning towards RHJ, fearing that Magna and Sberbank could siphon off Opel technology for Russia's car industry.

Given the overcapacity in European carmaking, an orderly insolvency of Opel would have made sense.

What makes the OPEL range different is its superior performance and durability, proven over more than a decade in local market conditions.

But the business logic is that only a greatly slimmed-down Opel can survive in an industry with chronic overcapacity.

GM had never wanted to sell Opel, which is the repository of much of its technology for small cars.

Fritz Henderson, GM's chief operating officer, went further on March 3rd, saying that GM might even be willing to cede control to save Opel.

In addition, the partnership with GAZ suggests that Opel might shift its focus east from its current core markets in Europe.

Unlike the grand coalition, it will not gnaw away at earlier reforms and might think harder about whether to bail out companies like Opel.

Mr Reilly says Opel should be cash neutral by the end of the year.

Opel has said it needs at least $4. 2 billion in capital to survive and become less dependent on GM.

But without Opel, GM's strong position in the big emerging markets with the highest growth potential would be undermined.

By late August, amid signs of incipient economic recovery, GM's board was re-examining the possibility of holding on to Opel.

Opel's separate national manufacturing and sales companies will be replaced by a single GM Europe operating company, based in Frankfurt.

Although it makes some quite good cars, Opel is burdened with twice as many factories as it needs.

Moreover, BAIC's pledge to keep Opel's German plants open is understood to last only two years.

It is founded by the Adam Opel, has been one hundred years of history.

Saturn currently stands as GM's Opel import division, but that responsibility will soon switch over to Buick.

This logic can backfire, as in the case of Beijing Auto and Germany's Opel.

If Opel closes, GM's own prospects, already uncertain, would be dealt a further blow.

Financial investors are controversial in Germany, where fears have been expressed that RHJ might seek to "flip" its Opel stake quickly.

It remains unclear what other Opel models, if any, would be bound for U. S. Buick dealers.

The sale of Opel would be GM's decision, but the government would have to authorize any state-guaranteed loans.

According to Automotive News, GM's agreement with Magna prevents Magna from selling Opel vehicles in the United States and China.

We don't have a solution that will eventually turn Opel into a competitive company.

"Beijing Auto looks at Opel and sees this as a game-changer, " says Mike Dunne , managing director of J.

RHJ aims to shrink production to return Opel to profit and may be open to selling it back to GM at a later date.

Dealers report strong demand for the new Chevrolet Equinox crossover and the Opel Insignia-based Buick LaCrosse.

On French TV, Opel car adverts are now broadcast with the voiceover in German, now a signifier of efficiency even in Paris.

Magna intends to use Opel's plants to build vehicles for other carmakers (it already does this on a small scale in Austria).

Opel, he added, had sufficient liquidity to continuing trading for the foreseeable future.

Beijing Automotive Industry Corporation is bidding for GM's Opel business in Europe.

He discussed the IPO plan on Wall Street and went to Detroit to lobby for an Opel deal.

It is the latest part of GM's reorganisation, which is also set to see the Opel and Vauxhall brands going to Canada's Magna.

"Circle Lightning" , which means that Opel's unmatched strength and speed; Opel's always full of vigor and vitality.

According to a recent report, Opel's upcoming 2011 three-door Astra sport hatch is virtually identical to this official Opel design sketch.

Labor is a key consideration for Germany and its politicians because Opel employs 25, 000 workers within the country's borders.

We're hopeful for an unveiling of the new Opel Insignia OPC in the near future.

Currently, the Opel's products have been more than 20 countries around the world more than 100 markets.

Unfortunately her own government is wavering, with talk this week of help for Opel, a subsidiary of America's troubled General Motors.

Opel's new owners are threatening to cut some jobs and, perhaps, shut a couple of small factories in Belgium and Britain.

Saturn has consolidated its vehicle-development efforts with those of GM's European arm, Opel.

Opel was supposed to make a purely commercial decision on its buyer.

Earlier this month, news had come that GM was still shopping around Opel.

Opel's own brand difficulties, including a partial sell-off of GM's interest, could slow development down, however.

Daimler, BMW and Volkswagen said this week that they would tolerate only short-term bridging loans for Opel.

The Financial Times says that GM and RHJ could sign a memorandum of understanding over the sale of Opel within just days.

Mr Forster says GM is prepared to sell an equity stake in Opel of 25-50%.

Designed to prevent Opel from losing short-term operating cash due to a GM bankruptcy, Germany has agreed to provide $2. 1 loan to Opel.

Weeks before, GM pulled plans to sell its German unit Opel, angering government leaders in Germany.

Earlier this month, General Motors GM. UL agreed to sell a 55 percent stake in Opel to a group led by Magna.

German officials will meet Saturday to discuss possible aid for Opel, GM's largest European unit.

Marchionne even went as far as to call Opel the "perfect partner" for Fiat.

Magna takes the managerial role of Opel and Vauxhall, despite owning only 20% of the automakers.

'We cannot have an Opel that is chronically unprofitable, ' he said.

It was also shocked when GM asked on May 27 for $415 million more in bridge financing to keep Opel running.

Opel will need about 1 billion euros (1. 4 billion US dollars) in operating cash over the next month.

"We will, and I want to stress that again, preserve all the German Opel locations, " said Magna co-Chief Executive Siegfried Wolf.

Vauxhall and most Russian Chevrolets were designed and engineered by Opel.

Italy's Fiat also expressed interest in Opel but offered no cash in its bid.

Since GM is also selling Opel, its European operation, GM will find itself driven primarily by the demands of the Chinese market.

According to the Financial Times, it is the Beijing Automotive Industry Holding Co. (BAIC) that has expressed interest in Opel and Vauxhall.

Some doubt that Fiat's lean management has the resources to spread itself across Chrysler, let alone Opel too.

GM wants to retain Opel because of the "improving business environment" , but its decision sparked a furious backlash in Germany.

Opel is also expected to launch a new two-mode hybrid version although it won't arrive until the end of 2010.

Opel, the embattled German arm of General Motors, is considering a similar plan.

But the Germans fear the Chinese are interested in Opel only as a technology resource, not as a brand to revive.

Mr Marchionne sees Fiat and Opel as complementary brands that could share platforms and development costs.

After all, Opel models and know-how have helped the group's push into Latin America and China.

According to a recent Reuters report, a Fiat-Opel merger would likely spell the end for Fiat's Lancia premium brand.

Already Fiat and Chrysler are forging an alliance, and Fiat is also going after part of Opel.

After months of spy shots and teaser images, Opel has officially taken the wraps of the 2010 Astra.

Still, where buying Opel fits into the Chinese government's blueprint for the auto industry is unclear.

On the Continent, you can trade in the Vauxhall for an Opel.

Securing $2. 1B in financing with the help of parent company GM, the bargain promises to keep Opel afloat for the near term.

And though Opel's cars are improving, the competition is relentless.

Opel's eventual rescue will be nationalisation under another guise.

He is confident that the same will apply to Opel, should that too fall into his lap.

Opel is of critical importance to GM's future.

In addition, BAIC proposes to shut down GM's Belgian Antwerp plant and cut Opel's workforce across Europe, these people said.

And while Opel's cars are improving, the competition is relentless.

Some, such as General Motors in the US and its German affiliate Opel, have asked their governments for multi-billion state help.

Over the past year he has been developing a more ambitious strategy, at first constructed around Chrysler, but now including Opel.

GM earlier this week said it will pare production of Opel vehicles built in the region.

Magna would also likely use Opel as a kind of automaking outsourcer, producing cars on contract for other brands.

Opel has small car design skills and green technology important to GM's global operations.

Opel's bail-out has become an election-year issue in Germany, where Magna has strong backing.

Push Opel's sale into legal limbo and factories could start to close, or the firm could collapse.

In the meantime, BAIC would use Opel's German plants to export cars to China.

Without Opel, GM's promises to build a fleet of smaller and more fuel-efficient cars in North America would lack conviction.

A sale would require the approval of the Opel Trust, which holds a 65% stake in the car maker.

Check this out: more spy pics of the Opel Insignia OPC.

The trusteeship was created by the government in June to spin off Opel and oversee the sales process.

RHJ, by contrast, was only interested in turning Opel around, just like GM.

GM has already revealed its European Volt doppelganger, the Opel Ampera.

Russian car maker GAZ will act as Opel's industrial partner.

German politicians are at odds over state help for Opel.

Three companies submitted bids for Opel this week, meeting the May 20 deadline.

GM is actually looking to sell Adam Opel, not GME Europe AG.

GM belatedly sees similar virtue in Opel.

The Opel Performace Centre (OPC) vehicle will have some unique badging to identify the sporting heritage.

However, even after the restructuring is implemented, Opel will still have a long, hard road to negotiate.

GM Europe, whose core Opel brand is based in Germany, reported 117, 921 registrations.

Opel is a classic bankruptcy.

Later, the group promoted five cosmetic brands such as OPEL and HASA covering skin care, hair care and color makeup.

After months of previews, teasers and small official photos, the 2010 Opel (Vauxhall) Astra has finally been let out of the bag.

But even after the restructuring is implemented, Opel will still have a long, hard road to negotiate.

Germany's largest union, IG Metall, says it will talk with Opel "as soon as possible. "

Under the wooden bonnet there'sa 1981 Opel with a 100-horse-power engine.

Okay, let's continue the charade that Vauxhall is somehow a distinct brand that is separate from Opel.

Here are some more real-life pictures of the 2010 Opel Astra in action following its media release only one week ago.

The carmaker backed out of plans to sell its Opel business last year, while a deal to offload its Saturn brand fell apart.

And it plans a $2bn Opel factory in China, giving the German brand a foothold in the world's most promising car market.

Both Magna and RHJ plan to cut around 10, 000 Opel jobs in Europe, or a fifth of the workforce.

Opel employs about 25, 000 people in Germany, representing roughly half of GM Europe's total workforce.

WHAT BENEFIT TO OPEL?

In China, BAIC plans to build Opel models specifically geared towards its home market.

Partly because of Fiat's shared history with GM, Mr Marchionne says that Opel fits perfectly.

Whatever the case, the 2010 Opel Astra will make its debut at the 2009 Frankfurt Motor Show.

Opel is yet to confirm its production but if given the green light we should see the compact electric car on the market by 2012.

Sales for GM's European Opel and Vauxhall brands fell 13% to 98, 469 vehicles.

The Canadian supplier wants to buy 55 per cent in Opel alongside Russia's Sberbank.

RHJ has offered to invest 275 million euros for a 50. 1% stake in Opel, requesting 3. 8 billion euros in government funding.

Opel's skills would give Beijing Auto a critical edge in China's car wars.

One frontrunner to buy the 55 per cent stake in Vauxhall and Opel is RHJ International, a Brussels-based investor.

The Buick Sail is based on GM's Opel Corsa, which is built in Brazil and sold in about 80 countries.

1bn ($4. 2bn) investment to build a new small car to replace the Opel Astra.

At last year's show GM, facing bankruptcy in America, put a majority stake in Opel up for sale.

Currently, about 25, 000 Opel employees work in Germany, with fewer than 1, 000 in Russia, according to information on GM Europe's Web site.

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