Sale of Opel to Magna approved by the German government

Sale of Opel to Magna approved by the German government

An outline agreement between GM and Magna International has almost been reached for the acquisition of Vauxhall and Opel. Currently, GM and the government of Germany are coming up with a... Read more


Saab loan-guarantee decision still a couple of months away

Saab loan-guarantee decision still a couple of months away

It would take two months before the European Commission decides on whether the loan guarantees that Saab is asking from the Swedish government would be breaking rules on state support.... Read more


Saab won EU regulatory approval for a state guarantee of a EUR400 million loan

Saab won EU regulatory approval for a state guarantee of a EUR400 million loan

Saab received a state guarantee of a 400 million euros ($546 million) European Investment Bank loan, which is said to be the key to its sale to Spyker Cars. The EU regulatory approval... Read more


Report: EU says will review Saab loan guarantee a.s.a.p.

Report: EU says will review Saab loan guarantee a.s.a.p.

A review of the Swedish authorities' plan to guarantee a 400 million euro ($562 million) European Investment Bank loan to Saab will be made as soon as possible, according to European... Read more


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