Opel Brand Sold

Friday, September 11th, 2009 1,026 Views

Magna International Inc. (“Magna”) and Savings Bank of the Russian Federation (“Sberbank”) announced that their joint offer to acquire a 55% interest in Adam Opel GmbH (“Opel”) has been selected by both General Motors Company (“GM”) and the Opel Trust as the preferred solution to address the future of Opel.

General Motors is Getting Ready for The Cruze

Monday, July 20th, 2009 3,108 Views

General Motors has introduced a scheme where it will buy back the older Opel models that it sold in India in exchange for the Chevrolet Optra Magnum.