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Saturday November 7, 2009
Automotive Industry Today
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Magna International News is an EIN News Service for automotive industry professionals. Constantly updated news and information about automotive.
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Latest Magna International News

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  • Shares of auto parts company Magna International close up more than 14 per cent 7 Nov 2009 00:14 GMT
    ... Shares of auto parts company Magna International close up more than 14 per cent TORONTO - Shares of Magna International ...

  • Magna Announces Third Quarter and Year to Date Results 7 Nov 2009 15:11 GMT
    ... Magna International Inc. (TSX: MG.A; NYSE: MGA) today ... Release. We are the most diversified global automotive supplier. We design, develop and manufacture technologically ...

  • GM vote protects Opel small-car tech 7 Nov 2009 12:42 GMT
    ... peers at a dinner on Monday that Magna International was paying too little, among other ... vote to keep Opel helps GM protect small-car technology used in models sold around the ... turn it into a strong performer,” DesRosiers Automotive Consultants president Dennis DesRosiers says. GM management ...

  • Opel chief leaves following failed deal 7 Nov 2009 07:10 GMT
    ... makes a speech during the Eleventh International Automobile Forum in Graz October 28, 2009. REUTERS/Herwig ... group led by Canadian auto parts company Magna International Inc (MGa.TO) Forster's departure marks the first ...

  • GM boss: U.S. aid can be used to fix Opel if needed (11/05/2009) 7 Nov 2009 05:31 GMT
    ... to sell 55 percent of Opel to a partnership of Canadian auto parts supplier Magna International Inc. and Russian lender Sperbank. The move angered German and Russian politicians as ...

  • GM cancellation of Opel sale raises new uncertainty, infuriates German politicians 7 Nov 2009 11:10 GMT
    ... The GM board's unexpected decision to call off the sale to auto parts maker Magna International Inc. and Russian lender Sberbank was a startling end to months of haggling ...

  • GM says Europe chief Forster to leave post 7 Nov 2009 02:12 GMT
    ... a majority stake in Opel to a group led by Canadian auto parts maker Magna International Inc. and Russian lender Sberbank. Forster, who has been GM's top European executive ...

  • Sources: GM Europe CEO Forster to leave post 7 Nov 2009 06:17 GMT
    ... a majority stake in Opel to a group led by Canadian auto parts maker Magna International Inc. and Russian lender Sberbank. One of the people also says that Hans ...

  • GM: Forster will leave Opel unit 7 Nov 2009 06:52 GMT
    ... sell a majority stake in Opel to a group led by Canadian auto-parts maker Magna International Inc. and Russian lender Sberbank. Forster, who has been GM’s top European executive ...

  • Little solidarity for German Opel strikers 7 Nov 2009 01:40 GMT
    ... had lobbied hard for GM to sell its European operations to Canadian autoparts maker Magna International and Russia's Sberbank in the hope of keeping all the German plants running. ...

  • Opel chief quits after GM decides to keep European unit 7 Nov 2009 02:10 GMT
    ... over its decision this week to abandon a sale of Opel to Canadian group Magna International and Russian partner Sberbank. Spiegel also reported that Bob Lutz, 77, an industry ...

  • Opel president in Europe quits after GMs decision 7 Nov 2009 15:35 GMT
    ... over its decision this week to abandon a sale of Opel to Canadian group Magna International and Russian partner Sberbank. Der Spiegel also reported that Bob Lutz, 77, an ...

  • GM could deploy U.S. funding overseas 7 Nov 2009 05:16 GMT
    ... reversed its decision to sell in a surprise move this week. Although the buyer, Magna International Inc., had plans to cut jobs, GM's indication that it would trim its ...

  • Hillary Clinton departs on European, Asian tour 7 Nov 2009 03:50 GMT
    ... its big European subsidiary after almost a year of sales talks with Canadian group Magna International and Russian partner Sberbank, citing "an improving business environment" in Europe. Although U.S. ...

  • GM's Europe chief steps down after Opel sale U-turn 7 Nov 2009 13:14 GMT
    ... GM’s Europe chief steps down after Opel sale U-turn Published: ... plan to sell the German carmaker to Magna, the Canadian car parts maker. He had strongly criticised the ...


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