Canadian company aquires Opel from GM.
Canada will have a national auto maker now that Magna International Inc. has won the bidding to take over Adam Opel AG.
“We want to build Opel cars in Canada,” Magna chairman Frank Stronach said late Friday from Vienna as he awaited confirmation that the Canadian auto-parts giant had indeed won the backing of the German government for a deal that would give it and its partners a controlling stake.
'We want to build Opel cars in Canada' - The Globe and Mail
Canada will have a national auto maker now that Magna International Inc. has won the bidding to take over Adam Opel AG.
“We want to build Opel cars in Canada,” Magna chairman Frank Stronach said late Friday from Vienna as he awaited confirmation that the Canadian auto-parts giant had indeed won the backing of the German government for a deal that would give it and its partners a controlling stake.
'We want to build Opel cars in Canada' - The Globe and Mail