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Employees at a Volkswagen factory work on an assembly line in ...

(Reuters) — Fri, 13 Nov 2009 12:25:00 GMT

(Reuters) - Employees at a Volkswagen factory work on an assembly line in the city of Kaluga, 188 km (117 miles) southwest of Moscow, October 20, 2009. REUTERS/Alexander Natruskin

An Opel car is seen in front of the Opel plant in Bochum November ...

(Reuters) — Sun, 08 Nov 2009 13:06:00 GMT

(Reuters) - An Opel car is seen in front of the Opel plant in Bochum November 4, 2009. REUTERS/Ina Fassbender

General Motors Europe head Carl-Peter Forster pictured during ...

(AFP) — Sat, 07 Nov 2009 00:28:00 GMT

(AFP) - General Motors Europe head Carl-Peter Forster pictured during the 'Goldenes Lenkrad' (Golden Wheel) awards ceremony in Berlin, November 4. Forster is quitting in disgust at GM's decision to hang on to its European unit Opel/Vauxhall, Spiegel magazine has reported in its online edition. Photo:Philipp Guelland/AFP

Opel cars seen, at an Opel car dealership, in Hamburg. Germany's ...

(The Canadian Press) — Thu, 05 Nov 2009 01:52:00 GMT

(The Canadian Press) - Opel cars seen, at an Opel car dealership, in Hamburg. Germany's politicians fumed with anger and Opel workers canceled cost concessions and readied walkouts after General Motors Co. abandoned the sale of its European subsidiary to parts maker Magna International and Russian lender Sberbank. THE ASSOCIATED PRESS/Axel Heimken

Canada's Magna (logo, seen top) has bowed to a decision by US ...

(AFP) — Wed, 04 Nov 2009 15:41:00 GMT

(AFP) - Canada's Magna (logo, seen top) has bowed to a decision by US giant automaker General Motors to halt its purchase of GM's European division Opel (logo, seen bottom), saying it would continue to support the two companies. Photo:Geoff Robins/AFP

An Opel employee works on the assembling of an Astra car at ...

(AFP) — Wed, 04 Nov 2009 14:20:00 GMT

(AFP) - An Opel employee works on the assembling of an Astra car at the company plant in Bochum, 2007. General Motors has brought the sale of its European car division Opel/Vauxhall to a screeching halt, fuelling fear and anger in Germany as the US group reset its global auto strategy. Photo:Volker Hartmann/AFP

An Opel employee works on the assembling of an Astra car at ...

(AFP) — Wed, 04 Nov 2009 10:14:00 GMT

(AFP) - An Opel employee works on the assembling of an Astra car at the company plant in Bochum, 2007. The government said on Wednesday it would work closely with General Motors after the US automaker scrapped an on-again, off-again plan to sell its big European division, Opel, that had triggered a political and diplomatic controversy. Photo:Volker Hartmann/AFP

An Opel logo on a car is seen against the blue sky over Duesseldorf. ...

(The Canadian Press) — Wed, 04 Nov 2009 02:07:00 GMT

(The Canadian Press) - An Opel logo on a car is seen against the blue sky over Duesseldorf. Opel's employee council says workers have agreed to make cost-cutting contributions worth US$390 million a year to ease the auto maker's sale to a consortium led by Canadian auto parts maker Magna. (THE ASSOCIATED PRESS/Frank Augstein)

Siegfried Wolf, co-CEO of auto parts producer Magna Inc. listens ...

(Reuters) — Wed, 28 Oct 2009 13:16:00 GMT

(Reuters) - Siegfried Wolf, co-CEO of auto parts producer Magna Inc. listens to a journalist at an Opel press conference during the media day at the international car show 'IAA' in Frankfurt, September 15, 2009. REUTERS/Kai Pfaffenbach

Magna-Steyr, the Austrian arm of Canadian car parts supplier ...

(AFP) — Wed, 28 Oct 2009 12:58:00 GMT

(AFP) - Magna-Steyr, the Austrian arm of Canadian car parts supplier Magna International, said Wednesday it would extend short-time work by another six months for more than 3,000 employees. Photo:/AFP

The logo of the German car manufacturer Opel. Workers at the ...

(AFP) — Mon, 26 Oct 2009 16:44:00 GMT

(AFP) - The logo of the German car manufacturer Opel. Workers at the Opel auto plant in Spain voted Monday to accept a plan by Canadian auto parts maker Magna International that would see the loss of 900 jobs at the factory, unions said. Photo:Kaveh Rostamkhani/AFP

The European Commission has given itself until November 27 to ...

(AFP) — Mon, 26 Oct 2009 12:46:00 GMT

(AFP) - The European Commission has given itself until November 27 to rule on whether Magna's purchase of General Motors' European arm Opel poses competition concerns. Photo:Michael Urban/AFP

An Opel logo at the front of an Opel car at the Opel headquarter ...

(The Canadian Press) — Mon, 26 Oct 2009 11:24:00 GMT

(The Canadian Press) - An Opel logo at the front of an Opel car at the Opel headquarter in Ruesselsheim, central Germany. European Union regulators on Monday set a Nov. 27 deadline to examine whether Magna and Sberbank's takeover of General Motors Co.'s European unit Adam Opel GmbH could cause competition problems. (THE ASSOCIATED PRESS/Michael Probst/ file)

Manfred Eibeck (2nd right), Executive Vice-President of Magna ...

(AFP) — Fri, 23 Oct 2009 11:44:00 GMT

(AFP) - Manfred Eibeck (2nd right), Executive Vice-President of Magna Europe, meets with Unions at the Opel factory in Spain in a new bid to reach agreement on the plant's future. The Spanish government has warned that the Spanish plant could be closed down if workers refuse to ratify a deal between unions and Canadian auto parts maker Magna International. Photo:Dominique Faget/AFP

Manfred Eibeck (2R), Executive Vice-President of Magna Europe, ...

(AFP) — Thu, 22 Oct 2009 18:10:00 GMT

(AFP) - Manfred Eibeck (2R), Executive Vice-President of Magna Europe, meets with Unions at the Opel factory in Spain in a new bid to reach agreement on the plant's future on October 21, in Madrid. Unions at the Opel factory in Spain Thursday reached a deal with Canadian auto parts maker Magna International on the plant's future, the government and unions said. Photo:Dominique Faget/AFP

Manfred Eibeck (2nd right), Executive Vice-President of Magna ...

(AFP) — Thu, 22 Oct 2009 15:30:00 GMT

(AFP) - Manfred Eibeck (2nd right), Executive Vice-President of Magna Europe, meets with Unions at the Opel factory in Spain. The union at the Spanish plant have reached a deal with the Canadian auto parts maker on the plant's future, the government and unions have said. Photo:Dominique Faget/AFP

Opel workers and demonstrators, seen as one holds a poster in ...

(The Canadian Press) — Tue, 20 Oct 2009 11:46:00 GMT

(The Canadian Press) - Opel workers and demonstrators, seen as one holds a poster in the shape of a traffic sign which reads 'For employment in Opel', during the demonstration of Opel workers against possible job cuts in the Opel's plant in Figueruelas, in Zaragoza, northeastern Spain, Saturday, Sept. 19, 2009. (THE ASSOCIATED PRESS/David Ramos)

The Opel plant in the western German city of Kaiserslautern. ...

(AFP) — Thu, 15 Oct 2009 17:36:00 GMT

(AFP) - The Opel plant in the western German city of Kaiserslautern. US auto giant General Motors was expected to ink a final deal to cede control of its loss-making European unit Opel after 80 years in the driving seat. Photo:Thomas Wieck/AFP

A woman is reflected in the logo of an Opel car as she arrives ...

(Reuters) — Thu, 15 Oct 2009 17:26:00 GMT

(Reuters) - A woman is reflected in the logo of an Opel car as she arrives at the Opel assembly plant in Antwerp September 14, 2009. REUTERS/Francois Lenoir

Flags outside the Opel car factory building in Antwerp. The ...

(AFP) — Tue, 13 Oct 2009 20:48:00 GMT

(AFP) - Flags outside the Opel car factory building in Antwerp. The official signing to seal the takeover of General Motors' Opel unit by Canadian parts manufacturer Magna International has been delayed by two days and will be completed on Thursday, a German newspaper reported. Photo:Georges Gobet/AFP

The Vauxhall car plant in Luton, north of London. Unions have ...

(AFP) — Tue, 13 Oct 2009 18:07:00 GMT

(AFP) - The Vauxhall car plant in Luton, north of London. Unions have struck a deal to save two Vauxhall car plants in Britain with the new Canadian parent company, the country's biggest trade union Unite has announced. Photo:Max Nash/AFP

Tempers are rising in Europe over Germany's promise of billions ...

(AFP) — Sun, 11 Oct 2009 04:34:00 GMT

(AFP) - Tempers are rising in Europe over Germany's promise of billions of euros (dollars) in state aid to support the sale of General Motors' loss-making European unit Opel/Vauxhall. Photo:Georges Gobet/AFP

Magna's Co-CEO Siegfried Wolf poses the Opel stand during the ...

(AFP) — Thu, 01 Oct 2009 18:50:00 GMT

(AFP) - Magna's Co-CEO Siegfried Wolf poses the Opel stand during the 63rd International Motor Show (IAA) in the central German city of Frankfurt am Main in September 2009. The two partners in the drawn-out takeover of European car maker Opel will sign a deal with its mother company General Motors within days, a senior member of one of the firms said on Thursday. Photo:Thomas Lohnes/AFP

Magna International Inc. Chairman Frank Stronach speaks to shareholders ...

(Reuters) — Tue, 22 Sep 2009 19:28:00 GMT

(Reuters) - Magna International Inc. Chairman Frank Stronach speaks to shareholders during the annual general meeting in Toronto in this May 6, 2009 file photo. REUTERS/ Mike Cassese

Don Walker, co-chief executive officer of Magna International ...

(The Canadian Press) — Tue, 22 Sep 2009 08:05:00 GMT

(The Canadian Press) - Don Walker, co-chief executive officer of Magna International Inc., listens to a reporter's question during a news conference in Tokyo. (THE ASSOCIATED PRESS/Shizuo Kambayashi)

Magna International Inc. Co-Chief Executive Officer Donald Walker ...

(Reuters) — Tue, 22 Sep 2009 05:23:00 GMT

(Reuters) - Magna International Inc. Co-Chief Executive Officer Donald Walker speaks to shareholders during the annual general meeting in Toronto May 6, 2009. REUTERS/ Mike Cassese

Magna International Inc. executives Donald Walker, left, and ...

(The Canadian Press) — Mon, 14 Sep 2009 19:37:00 GMT

(The Canadian Press) - Magna International Inc. executives Donald Walker, left, and James Tobin announce details of their joint offer to acquire a 55 per cent interest in Opel during a press conference in Aurora, Ont., north of Toronto, on Monday, September 14, 2009. THE CANADIAN PRESS/Darren Calabrese

Magna International Inc. co-chairman Siegfried Wolf. (THE ASSOCIATED ...

(The Canadian Press) — Mon, 14 Sep 2009 18:53:00 GMT

(The Canadian Press) - Magna International Inc. co-chairman Siegfried Wolf. (THE ASSOCIATED PRESS/Daniel Roland/ file)

Cars are parked outside the Opel assembly plant in Antwerp, ...

(Reuters) — Fri, 11 Sep 2009 21:48:00 GMT

(Reuters) - Cars are parked outside the Opel assembly plant in Antwerp, September 11, 2009. REUTERS/Francois Lenoir

Cars drive by an Opel dealer in Antwerp, Belgium, Thursday Sept. ...

(The Canadian Press) — Fri, 11 Sep 2009 13:00:00 GMT

(The Canadian Press) - Cars drive by an Opel dealer in Antwerp, Belgium, Thursday Sept. 10, 2009. (THE ASSOCIATED PRESS/Virginia Mayo)

A sign painted by a demonstrator is seen at the Opel car manufacturer ...

(The Canadian Press) — Fri, 11 Sep 2009 02:05:00 GMT

(The Canadian Press) - A sign painted by a demonstrator is seen at the Opel car manufacturer plant in Bochum, western Germany. General Motors Co. said Thursday that a consortium of Canada's Magna International Inc. and Russian lender Sberbank would acquire a majority stake in its European subsidiary Opel. (THE ASSOCIATED PRESS/Frank Augstein)

A placard 'Opel Magna' is seen in front of the Opel plant in ...

(Reuters) — Thu, 10 Sep 2009 17:51:00 GMT

(Reuters) - A placard 'Opel Magna' is seen in front of the Opel plant in Bochum September 10, 2009. REUTERS/Ina Fassbender

Magna International Inc. Chairman Frank Stronach gets in the ...

(Reuters) — Thu, 10 Sep 2009 17:39:00 GMT

(Reuters) - Magna International Inc. Chairman Frank Stronach gets in the passenger seat of a Ford battery electric vehicle (BEV), which is being developed in partnership with Magna, during a news conference in Ottawa June 2, 2009. REUTERS/Chris Wattie

Workers walk to a factory building of the German Opel car company, ...

(The Canadian Press) — Thu, 10 Sep 2009 14:22:00 GMT

(The Canadian Press) - Workers walk to a factory building of the German Opel car company, owned by General Motors Corp., in Eisenach, central Germany. Magna international and its Russian partner have been chosen by the General Motors board as the preferred buyer for the American automaker's Opel division. (THE ASSOCIATED PRESS/Jens Meyer)

German Chancellor Angela Merkel waves as she pays a visit to ...

(The Canadian Press) — Thu, 10 Sep 2009 13:39:00 GMT

(The Canadian Press) - German Chancellor Angela Merkel waves as she pays a visit to the Opel car factory in Ruesselsheim, central Germany last March. Merkel confirms, welcomes GM decision to sell Opel to Magna. (THE ASSOCIATED PRESS/Michael Probst, File)