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7 matches for 'negotiations'

• Report: At least three parties interested in Saab

  —Leftlane News

  Number of comments: 17
  According to reports out of Sweden, at least three independent groups have shown substantial interest in picking up where Koenigsegg’s negotiations to acquire Saab ended. Chinese automaker Beijing Automotive Industry Corporation, which was set to become a minority investor in Koenigsegg, is said to have been the first to contact General [...]

  Posted: November 27, 2009, 10:55am EST
  by Andrew Ganz

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• Renault's Apparent Cold Feet Killed Saturn-Penske Deal, Report Says

  —Auto Observer

  

  Just as General Motors was about to seal the deal to sell Saturn to the Penske Automotive Group on Sept. 30, French automaker Renault, which had pledged to supply small vehicles to the venture, backed out, an executive involved in the negotiations told a [...]

  Posted: November 25, 2009, 10:29am EST
  

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• Saft Confirms Location for Li-ion Battery Factory in Jacksonville, Florida

  —Green Car Congress

  Number of comments: 2
  

  Following receipt of a $95 million grant from the US Department of Energy under the American Recovery and Reinvestment Act and successful negotiations between Saft, the state of Florida, and the city of Jacksonville, construction will soon begin in Jacksonville for a lithium-ion battery factory.

  The total estimated cost of [...]

  Posted: November 13, 2009, 1:15pm EST
  by Mike Millikin

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• GM Executive VP Nick Reilly named interim CEO at Opel/Vauxhall

  —Autoblog

  

  Filed under: Europe, Hirings/Firings/Layoffs, GM, Opel, Vauxhall

  
  
  It's been one heck of a week for Opel. After months of negotiations between Magna and its partners on the one hand and General Motors on the other, the American parent company opted [...]

  Posted: November 10, 2009, 5:30pm EST
  by Noah Joseph

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• Berlin, Magna, Sberbank: We Want Our Money Back!

  —The Truth About Cars

  Number of comments: 8
  Magna and Sberbank want their money back. Everything they had so far invested into Opel needs to come back from GM, says Das Autohaus in Germany.” We are in negotiations with GM and we hope that we don’t have to go to court “, said Sberbank boss German Gref. “If [...]

  Posted: November 10, 2009, 12:27pm EST
  by Bertel Schmitt

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  — blogs linking 'The Truth About Cars' this week

• Opel boss to depart following failed Magna takeover

  —Leftlane News

  Number of comments: 21
  Following General Motors failed sale of Opel to Magna International, Opel head Carl-Peter Forster will reportedly step down from his post. General Motors announced earlier this month that it would retain its German Opel brand despite months of negotiations with Canada’s Magna International. According to Spiegel Online, Forster has decided to [...]

  Posted: November 06, 2009, 12:35pm EST
  by Drew Johnson

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  — blogs linking 'Leftlane News' this week

• Ford and Canadian Auto Workers reportedly reach a deal

  —Autoblog

  

  Filed under: Plants/Manufacturing, Ford, UAW/Unions, Canada

  
  
  Ford Motor Company and the leadership of the Canadian Auto Workers union have reached a tentative agreement after a marathon four-day wrap-up to negotiations. Union membership needs to approve the [...]

  Posted: October 31, 2009, 5:09pm EDT
  by Dan Roth

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  — blogs linking 'Autoblog' this week