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Saturday November 7, 2009
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  • Opel Not Going Russian After All 7 Nov 2009 02:16 GMT
    ... 20 percent; the Putin-dependent oligarch Oleg Deripaska's GAZ plant was to become the “industrial partner,” paying ... its ambition to advance from parts-supplier to automobile-manufacturer in the protected Russian market. The German ...

  • Failed Opel Deal Surprises Russia 6 Nov 2009 04:31 GMT
    ... incorporated into the strategy” to develop domestic carmakers. He has discussed the deal with Merkel ... present its proposals for reforming the Russia car industry. Peskov said the commission had been ... opening ceremony for a bridge. The city’s GAZ plant, controlled by Oleg Deripaska, was long ...

  • Magna in talks with GM about plant in Russia 6 Nov 2009 04:36 GMT
    ... GM about plant in Russia Auto maker GAZ is also in negotiations; after failure of Opel sale, 'GM ... sketched out a plan to create 300,000 automotive jobs in that country. ...

  • GM IGNITES OPEL STORM 6 Nov 2009 04:36 GMT
    ... workers would be offered 10 per cent. GAZ, the Russian ailing auto maker controlled by Oleg Deripaska, ... Dudenhoeffer, the director of Germany's Centre for Automotive Research at the University of Duisburg-Essen, thinks ...

  • Inergy bets on Russian automotive rebound 5 Nov 2009 00:11 GMT
    ... By PlasticsToday Staff Published: November 4th, 2009 Automotive fuel systems supplier Inergy Automotive Systems has ... Inergy, some analysts expect that the Russian automobile industry will recover and could soon be ... tanks for local car assembly operations for GAZ, AvtoVAZ and Nissan. Inergy also has processing facilities ...

  • Putin slams GM over Opel reversal, warns of consequences 5 Nov 2009 17:33 GMT
    ... led to the transfer of technology to GAZ, Russia's second-largest car manufacturer. GM's reversal sparked outrage in Germany, where ... of a re-organisation plan established when the carmaker filed for bankruptcy protection in June. But ...

  • Avtovaz left in spiral of decline 2 Nov 2009 21:31 GMT
    ... car industry and the role of foreign carmakers in that process. Avtovaz’s crisis stems from ... ludicrously non-competitive – they make the Chinese manufacturers look good,” one senior industry analyst says ... analyst says of Avtovaz and local rival Gaz. , which owns a 25 per cent ...

  • GM Board Votes to Keep Opel, Bypassing Magna Group 4 Nov 2009 02:54 GMT
    ... meaningful contributions to Opel’s restructuring.” The U.S. carmaker, which emerged from bankruptcy in July, wouldn’t ... Opel into Russia with the help of GAZ Group, a vehicle manufacturer controlled by entrepreneur GM wants to work ...

  • Years of neglect leave Avtovaz in spiral of decline 3 Nov 2009 03:28 GMT
    ... car industry and the role of foreign carmakers in that process. Avtovaz's crisis stems from ... ludicrously non-competitive - they make the Chinese manufacturers look good," one senior industry analyst says ... analyst says of Avtovaz and local rival Gaz. French carmaker Renault, which owns a 25 ...

  • Putin surprised by GM decision not to sell Opel 4 Nov 2009 19:41 GMT
    ... of Canadian-Austria Manga and Russian Sberbank and GAZ Group, Prime Minister Vladimir Putin’s spokesman Dmitry Peskov ... priority now is support to our own automobile sector, including GAZ”. He also noted that ... the authorised capital of the German car manufacturer Opel. The proposal suggested that Magna and ...

  • GM pulls out of Opel sale 4 Nov 2009 02:34 GMT
    ... six-hour board meeting on Tuesday, the US carmaker said it would hold on to Opel and ... Russia's ambitions to overhaul its gravely damaged automotive industry with the help of Opel. However, ... to resume its co-operation with Russia's carmaker Gaz. The board's move came after the European ...

  • GM abandons planned sale of Opel 4 Nov 2009 07:31 GMT
    ... six-hour board meeting on Tuesday, the US carmaker said it would hold on to Opel and ... Russia's ambitions to overhaul its gravely damaged automotive industry with the help of Opel. However, ... to resume its co-operation with Russia's carmaker Gaz. The board's move came after the European ...

  • Germany faces more severe cuts 4 Nov 2009 23:12 GMT
    ... Opel. People close to GM said the carmaker would now go back to this “viability plan” ... of Sberbank and via an agreement with Gaz, the carmaker owned by Oleg Deripaska, the ... to resume working directly with the Russian car group. But the success of such a ...

  • GM decides to keep and restructure European Opel unit; votes down sale to Magna 4 Nov 2009 01:37 GMT
    ... to resume work directly with Russian automaker GAZ on modernizing its operations and other projects. GM had ... Ford Motor Co., according to the European Automobile Manufacturers' Association. European sales had fallen 6.6 per ...

  • GM decides to retain Opel 5 Nov 2009 13:37 GMT
    ... Months of negotiations between the U.S.-based auto manufacturer and a consortium including Canada's components manufacturer ... to a Russian automaker, most likely the GAZ Group, Russia's second largest automaker. However, GM has ... helped GM grow stronger, and the global automotive market has in the meantime resumed some ...


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