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habser | 5 hours ago
The six-week strike involving workers at an India auto-parts maker has finally ended. The conflict adversely affected transmission parts supplies to General Motors and Ford Motor Co. and caused the shutdown of at least two North American crossover vehicle plants.
Law Blog - WSJ.com (Free subscription) | 06/11/2009
About 1,800 workers at Rico Auto Industries, an Indian auto parts maker, have withdrawn a strike that had lasted 45 days and had forced General Motors and Ford Motor to temporarily shut factories in North America.
Rocky Mount Telegram - Business (Free subscription) | 04/11/2009
DETROIT — General Motors Co. board approves deal to sell Opel to Canadian auto parts maker Mag...
Daily Advance - Business (Free subscription) | 03/11/2009
DETROIT — General Motors Co. board approves deal to sell Opel to Canadian auto parts maker Mag...
Sify (Free subscription) | 04/11/2009
General Motors Co. board approves deal to sell Opel to Canadian auto parts maker Magna.
The News Cruncher (Free subscription) | 06/11/2009
Another fine example of why labour unions (and their mob mentality) should be abolished: Opel employees walked off their jobs to attend a mass rally at the auto maker's headquarters Thursday, protesting General Motors Co.'s decision to abandon the unit's sale to Magna International Inc., which the workers had hoped would preserve jobs. Thousands of the 25,000 employees from Opel's four...
Gasgoo.com (Free subscription) | 06/11/2009
Magna International Inc is not looking at taking over any other automakers following the collapse of its deal to buy a stake in General Motors Co's European operations, the auto parts maker's co-CEO, Don Walker, said on Thursday.
INAUTONEWS (Free subscription) | 06/11/2009
Magna International Inc is not looking at taking over any other automakers following the collapse of its deal to buy a stake in General Motors Co’s European operations, the auto parts maker’s co-CEO, Don Walker, said on Thursday. GM’s board of directors had approved the sale of a 55 percent stake in Germany-based Opel to the [...] > Read complete...
The Street (Free subscription) | 05/11/2009
This auto-parts maker could take out its May highs.
L. A. Times Dodgers Blog (Free subscription) | 04/11/2009
The automaker says it will restructure the European firm instead of selling 55% of it to auto parts maker Magna International and Russian lender Sberbank. General Motors Co. said Tuesday it would keep its European Opel unit and restructure it instead of selling a 55% stake to Canadian auto parts maker Magna International and its partner, Russian...
Detroit Free Press (Free subscription) | 06/11/2009
Lear Corp.'s plan to reorganize by converting $3.6 billion of debt to equity won approval from a judge who said the auto-parts maker's proposal faced no substantial objections.
CBC.ca (Free subscription) | 06/11/2009
The executive moves come after the GM board decided this week to keep its European Opel and Vauxhall units. The board rejected a plan to sell a majority stake in Opel to a group led by Canadian auto-parts maker Magna International Inc. and Russian lender Sberbank.
Globe and Mail (Free subscription) | 05/11/2009
With Opel deal scuttled, auto parts maker will turn to other priorities; quarterly profit comes in at $51-million
Examiner (Free subscription) | 04/11/2009
Germany's politicians fumed with anger and Opel workers cancelled cost concessions and readied walkouts after General Motors Co. cancelled the sale of its European subsidiary to parts maker Magna International and Russian bank Sberbank.
Market Watch (Free subscription) | 04/11/2009
NEW YORK (MarketWatch) -- Auto-parts maker Delphi Automotive LLP on Wednesday named a new board of managers, which will be chaired by John Krol, 73, the former chairman of DuPont and lead director for Tyco International Ltd. . Other members are Gary Cowger, 62, most recently group vice president of global manufacturing and labor relations for General Motors; Rajiv Gupta,...
