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Posts related to ‘MGA’

Will US Taxpayers Fund GM Europe Bailout?

GM has decided to keep its European operations, Opel and Vauxhall. Now, it has to figure out how to pay for them. Opel owes the German government over $1.3 billion ...
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GM Screws The Germans, Will Keep Opel

The German government went to a great deal of trouble to finance a bid for Canadian parts firm Magna (NYSE:MGA) and a Russian financial group to buy GM's Opel and ...
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As Germany Opens Opel Funding, GM Could Keep The Unit

The German government got in trouble with EU regulators because it only offered $6.7 billion in aid to one of the bidders for GM's Opel unit. That bidder was Canadian car ...
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GM May Get Opel Back–With Chinese Help

When GM"s board was mulling its options for its European operation including Opel, there were rumors that it might simply choose to keep the company and ride out the car ...
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Media Digest 11/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, concerns about the global economy are growing as the G20 nations are meeting.Reuters says that Congress challenged banks on how they would use bailout funds.Reuters reports that ...
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