Auto news; Magna beats Fiat to buy GM Europe
Auto news; Magna beats Fiat to buy GM Europe Canadian component manufacturer looks to have nosed ahead of Fiat in the race to own Opel and Vauxhall
Daily Auto News Reports: Despite Bondholder Deal, GM to File Bankruptcy Monday
Daily Auto News
General Motors surprised auto industry observers by reaching an 11th-hour deal with a group of bondholders who own $27 billion worth of the company’s debt, but press reports say the development won’t stave off bankruptcy.
Daily Auto News Union: GM Won' Import Cars from China
Daily Auto News
General Motors’ plan to import tens of thousands of Chinese-built cars to the U.S. over the next several years may be on hold.
