Opel front-runner Magna International’s consortium partner Sberbank said the race to acquire the carmaker was all but over, though Beijing Automotive Industry Holding Corp. (BAIC) may still lodge a bid in the coming days.
Originally posted 2009-07-02 02:01:00. Republished by Old Post Promoter
Articles tagged with: Automotive industry
Beijing Automotive drafting Opel bid; Sberbank says race over
Written on March 10, 2010
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Turkish autos output tumbles in March
Written on August 8, 2009
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Turkish car production dropped 43 percent year-on-year in March to 37,125 units, the Automotive Industry Association (OSD) said on Wednesday, as the global economic crisis saps domestic and export demand.
Originally posted 2009-04-08 17:37:21. Republished by Old Post Promoter
Beijing Auto aims to join big league
Written on July 5, 2009
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Opel bidder Beijing Automotive Industry Holding Corp. wants to join other Chinese state-owned automakers, such as Shanghai Automotive Industry Corp. and China FAW Group Corp., in the top tier of China’s auto industry.
Beijing Automotive offers 660 million euros for Opel
Written on July 5, 2009
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Beijing Automotive Industry Corp. (BAIC) has made bid worth 660 million euros ($922 million) for Opel, a German newspaper said.
Beijing Auto submits offer for Opel, sources say
Written on July 3, 2009
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Beijing Automotive Industry Holding Corp. (BAIC) has submitted an indicative, non-binding offer for Opel, sources familiar with the situation said on Friday.
Beijing Automotive submits offer for GM’s Opel, sources say
Written on July 3, 2009
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Beijing Automotive Industry Holding Corp. (BAIC) has submitted an indicative, non-binding offer for Opel, sources familiar with the situation said on Friday.
Beijing Auto submits offer for Opel, sources say
Written on July 3, 2009
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Beijing Automotive Industry Holding Corp. (BAIC) has submitted an indicative, non-binding offer for Opel, sources familiar with the situation said on Friday.
Scrapping schemes boost June car sales in France, Spain
Written on July 1, 2009
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New-car sales improved in both France and Spain in June, thanks to government subsidies aimed at giving life support to the automotive industry during the economic crisis. French new-car sales rose 7.
