Opel deal!
Last Updated:
Fiat looses, Magna wins.
-Magna owns 20%
-Russian Sberbank owns 35%
-Opel employees own 20%
-GM still owns 35%
That means GM could still have access to Opel cars for sales in the US.
Not bad news.
Last Updated:
Fiat looses, Magna wins.
-Magna owns 20%
-Russian Sberbank owns 35%
-Opel employees own 20%
-GM still owns 35%
That means GM could still have access to Opel cars for sales in the US.
Not bad news.
Well, it would have been weird to suddenly have Chrysler and Opel under the same umbrella… What I wonder is if Magna will lose other business from the understandable fear of other companies that their solutions might find their way to Opels…
Um, how come it adds up to total of 110% interest????
Great to see the investors are confident enough to give 110%.
That totals 110%
why does that all add up to 110%?
The employees are retarded…They will destroy the place…Like Idiocracy.
I think you mean that the Opel employees own 10%. Otherwise your numbers add up to 110%!
You are all right about the 110%..
Sorry…
I just read on autoblog that Magna would like to build cars in Canada and possibly supply cars to Saturn. That would be better than those Samsung cars. Although they will probably be more expensive. Oh well, I guess it’s always a trade off.
Oh and one other thing. Hey Vince, did you know that those numbers add up to 110%? 🙂