General Motors is considering the sale of its Europe-based Opel and Vauxhaul brands to French automotive manufacturer PSA Group, the parent company of Peugeot and Citroen.
The two companies “are exploring numerous strategic
Liberty Automobiles, one of the largest GM dealerships in the UAE, has officially launched the 2013 Opel line-up in its showrooms.
An authorised dealer for Opel since 2002, the company recently unveiled the latest Opel models to a
Liberty Automobiles, one of the largest GM dealerships in the UAE, has announced plans to launch the new 2013 Opel line-up at its showrooms across the emirates next month.
Now the third largest brand in the European passenger car
Liberty Automobiles, the award winning GM dealership and an authorised dealer for Opel, has announced that it will launch the 2013 Opel line-up in its showrooms towards the end of this month in Dubai.
Now the third largest brand i
General Motors' Opel managers will present a business plan next Wednesday to the unit's board that will likely involve closing two plants in Europe to reduce manufacturing capacity by some 30 per cent.
'GM has been saying repea
Belgium-based investor RHJ International is offering 275 million euros ($388m) for a majority stake in General Motors' Opel business in a last-ditch bid to beat early frontrunner Magna.
RHJ's non-binding offer document, entitled "Project B
Germany reached a landmark deal with Canadian auto parts group Magna, General Motors and governments to save carmaker Opel from the imminent bankruptcy of its US parent, German leaders said on Saturday.
Finance minister Peer Steinbrueck to
Abu Dhabi's government-linked investment fund Aabar does not plan to buy any further shares in Daimler or a stake in Opel, a spokesman said.
Asked about a report that Aabar was raising its stake in Daimler, the spokesman said: 'We