Welcome to the North American Subaru Impreza Owners Club Saturday October 21, 2017
Home Forums WikiNASIOC Products Store Modifications Upgrade Garage
Go Back   NASIOC > NASIOC General > News & Rumors > Non-Subaru News & Rumors

Welcome to NASIOC - The world's largest online community for Subaru enthusiasts!
Welcome to the NASIOC.com Subaru forum.

You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, free of charge, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, so please join our community today!

If you have any problems with the registration process or your account login, please contact us.
* Registered users of the site do not see these ads. 
Thread Tools Display Modes
Old 05-13-2009, 02:45 AM   #1
Scooby Guru
Member#: 73805
Join Date: Nov 2004
Location: NEPA
forward in Italian

Default GAZ May Team Up With Opel, Magna International In Post-GM Carve-Up

Russian carmaker GAZ has put its hand up for a significant stake in German brand (and soon-to-be-former GM branch) Opel, and will team up with Magna International should they be successful in snatching the company away from competing bidder Fiat S.p.A.

If Magnaís bid gets them the keys to Opel, the role of GAZ would be to handle production of future Opel vehicles at its modernised plant in Nizhny Novgorod, Russia. According to reports circulating in the German media, the Magna-GAZ tie-up could potentially churn out five million vehicles per yearState-owned lender Sberbank would likely join Magna and GAZ, however at this stage its unclear what the ownership split would be.

Indeed, thereís still the issue of Fiat to contend with, for the Italian automaking conglomerate is determined to add GMís European divisions (Opel, Vauxhall and Saab) to its recent acquisition of Chrysler. With Opel recently wheeling out the delectable Insignia and new Astra, itís arguably the jewel in GMís European crown. Competition for ownership is bound to be fierce, with GAZ/Magna and Fiat not the only interested parties. This could get interesting.
* Registered users of the site do not see these ads.
AVANTI R5 is offline   Reply With Quote
Sponsored Links
* Registered users of the site do not see these ads.

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Toyota Teams Up with California on Plug-In-Hybrid Developement AVANTI R5 Non-Subaru News & Rumors 2 07-26-2007 04:40 PM
Whatís up with all the fatties in GA.? StiDreams Off-Topic 7 04-04-2006 08:38 AM
OT: so yea, whats up with the Scion TCs in the area? CaptinMorgan97 Mid Atlantic Impreza Club -- MAIC 48 02-27-2006 06:53 PM
What he heck is up with the roads/drivers in Boston? blue-sun New England Impreza Club Forum -- NESIC 17 01-22-2005 07:34 PM
What's up with the emo crowd in your city? chris619 Off-Topic 40 09-26-2004 05:25 AM

All times are GMT -4. The time now is 04:29 PM.

Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
Powered by Searchlight © 2017 Axivo Inc.
Copyright ©1999 - 2017, North American Subaru Impreza Owners Club, Inc.