Car manufacturers and the iPhone generation

434 More

Earning the right to be successful

432 More

Knowledge is power

478 More

Selling cars – it’s all about timing

716 More

Truemag

  • Home
  • About
  • Advertise
  • Archives
  • Contact
  • Subscribe

Three final bids for Opel

General Motors has received three final bids for its struggling Opel business, which includes Vauxhall in the UK.

Canadian car parts maker Magna, Belgian-based investor RHJ International and China’s Beijing Automotive Industries are the bidders.

Magna, backed by Russia’s Sberbank, has made a last-minute change to its bid in order to placate concerns about its Russian partner’s influence.

It remains the favourite to buy a majority stake in Opel.

“General Motors confirms that it has received final offers for a stake in Opel/Vauxhall from three bidders. The final bids will now be analysed and compared by GM,” GM said in a statement.

Source: BBC News

Jul 20, 2009MTI
  • Spanish Opel workers reach deal
  • RHJ raises its bid for Opel
  • German government pledges loan to successful Opel bidder
  • Magna still favourite for Opel takeover
  • Fiat will cut 10,000 Opel jobs
  • Three bids submitted for Opel
  • Honda top, Land Rover bottom in new reliability survey"Gratification study" brings more gloom to US auto industry
    You Might Also Like
     
    A Traders Tale – Part Two
     
    VW and Porsche to merge
    MTI
    10 years ago Manufacturers, News28
    Most viewed
    Top 100 UK Dealer Groups
    29,774 views
    The car sales process and the “9 point plan”
    8,870 views
    webuyanycar review – They will buy any car but beware of the asterisk
    3,981 views
    Most commented
    Car sales and the power of silence…
    25 Comments
    Car dealers still not prepared to play the “we buy any car” game
    23 Comments
    A Traders Tale – Part Four
    22 Comments
    Win a pre-loaded Ipod Shuffle!
    19 Comments
    Bargain of the Week – StreetKa 1.6i Luxury
    14 Comments
    Bridal Hair Berkshire
    Fox Body to 2018 Mustang Parts
    and Accessories
    oil change grand prairie
    About MTI

    Motor Trade Insider
    is written by people working actively in the motor trade for people on the inside and people on the outside.

    Our aims
    Build a bridge between consumers and the trade, create Interesting and informative content, break down barriers and create better understanding, expose bad practices and rip-offs and promote outstanding products and service.
    Have something to say?
    We are always looking for experienced writers who can write good original quality posts on motor-trade-insider.com. Please contact us if you would like us to consider you. Make sure you give us details of your own blog or a link to some articles you have written.
    2017 © Motor Trade Insider
    Truemag theme by StrictThemes