The European Commission is warning the German government not to add strings to its support of the planned Magna International Inc. takeover of General Motors Co.’s Adam Opel GmbH European subsidiary by requiring the protection of German jobs and plants. The Canadian auto-parts supplier and its Russian investment partner OAO Sberbank have an agreement with GM to purchase a 55% stake in Opel, which includes the U.K.’s Vauxhall unit. GM is to retain 35% of the new company and Opel workers ...
Premium Content (PAID Subscription Required)
"EU Competition Commissioner Warns Germany Not to Add Strings to Opel Deal" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.