Russia Now Owns Former GM Brand Opel

May 31, 2009

How appropriate:

Germany’s Opel has been sold – with a joint-Russian-Canadian bid the winner in the race to buy one of Europe’s oldest and most well-known carmakers.

Russia’s biggest lender [state controlled] Sberbank and automotive giant GAZ – along with Canadian car parts firm Magna – have successfully bought Opel from US motor giant General Motors, which is filing for bankruptcy.

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3 Responses to Russia Now Owns Former GM Brand Opel

  1. [...] to the video link Founding Bloggers. Germany’s Opel has been sold – with a joint-Russian-Canadian bid the winner in the race to buy [...]

  2. Guitanguran on June 1, 2009 at 9:17 am

    Doggone it! I got totally distracted by how long that commentator’s neck was…

  3. Dr. Jans Pacebags, esq. on June 2, 2009 at 1:13 am

    so much for “creating new jobs” & “saving existing jobs” obama.

    yet another lie in the liberal pantheon….

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