Jump to content
  • Greetings Guest!

    CheersandGears.com was founded in 2001 and is one of the oldest continuously operating automotive forums out there.  Come see why we have users who visit nearly every day for the past 16+ years. Signup is fast and free, or you can opt for a premium subscription to view the site ad-free.

Sign in to follow this  

Motor Authority: GM receives three final bids for Opel

Recommended Posts


General Motors CEO Fritz Henderson has previously confirmed that a new buyer for Opel would be picked by the end of this month, but until now we didn’t have much detail on how many companies were actually competing for the European brand. It has now emerged that three bidders remain in the race for Opel.Those three bidders include auto parts supplier Magna International, private equity group Ripplewood Holdings and Chinese automaker Beijing Automobile Co. (BAIC), all of which have now submitted their respective final bids for Opel.

Read more

View the full article

Share this post

Link to post
Share on other sites

damn, i guess i am no longer high bidder on eBay for Opel. Crap, I must not have been signed in.

Magna is probably the best situation for the car fan but i thought i had heard that ripplewood was the top front runner.

too bad penske can't buy them.

Edited by regfootball

Share this post

Link to post
Share on other sites
GM prefers Ripplewood Holdings now ...

And that would be because GMNA would like to regain control? The German Government doesn't like that plan.

Share this post

Link to post
Share on other sites
i am sure GM ultimately wants opel back in the fold and honestly Germany has too many automakers.

GM does want Opel back. In any case, this partial separation is temporary, provided GM returns to profitability.

Share this post

Link to post
Share on other sites

Your content will need to be approved by a moderator

You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets



Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.