<![CDATA[Jalopnik: Magna]]> http://cache.jalopnik.com/assets/base/img/thumbs140x140/jalopnik.com.png <![CDATA[Jalopnik: Magna]]> http://jalopnik.com/tag/magna http://jalopnik.com/tag/magna <![CDATA[REPORT: Frank Stronach loses chairmanshipping of Magna]]> Frank Stronach, founder of auto parts behemoth Magna International, has stepped himself down from his position, siting government policy as a stifling influence over the auto industry. The grand old man of parts will stay on the board of directors. More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=5788005&view=rss&microfeed=true <![CDATA[How your rear windshield could be turned into a giant speaker]]> A new system from auto supplier Magna turns a car's rear window into a giant subwoofer, using a combination of exciters, a 200-watt amplifier and a special sealant that allows the glass to vibrate at low frequencies. More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=5763019&view=rss&microfeed=true <![CDATA[Magna To Buy Opel If German Government Gives OK]]> Car parts manufacturer Magna has agreed to buy GM Europe, which includes the Opel and Vauxhall brands, according to BBC News. The German government still needs to approve the deal, but may choose insolvency instead. More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=5272634&view=rss&microfeed=true <![CDATA[Chrysler Attempting To Sell Jeep To Renault-Nissan Or Magna]]> Struggling to restructure itself to meet demands for the bailout, Chrysler is in talks with Renault-Nissan and parts supplier Magna to sell off its assets. Those assets include Jeep. More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=5130954&view=rss&microfeed=true <![CDATA[Chrysler Productivity Ties Toyota; Sales...Not So Much]]> Apparently answering today's QOTD with a "hell yes," our friends in Auburn Hills have tied the super-best automaker from the Land of the Rising Sun in at least one category: Most productive manufacturer, according to this year's Harbour Report. What does that mean? That Chrysler assembles a vehicle in 30.37 hours on average, exactly the same figure reported by Toyota. How'd they do it? Outsourcing! More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=395109&view=rss&microfeed=true <![CDATA[PopMech Analyzes The Tesla Lawsuit Shenanigans]]> This week we heard about a couple of lawsuits mythical electric sports car almost-manufacturer Tesla has managed to get tied up in. The first one saw Magna suing Tesla for breach of contract over its transmission design, the other was Tesla going medieval on Fisker for allegedly stealing designs associated with the Tesla Whitestar Hybrid for its Fisker Karma Hybrid. Well Popular Mechanics has gone out and consulted a lawyer-type about the guts of these lawsuits and what the likely outcomes of the twin tussles might be. We just want the slap fights to be over. [Popular Mechanics] More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=381690&view=rss&microfeed=true <![CDATA[Chrysler Group Sales Speculation: Russian Billionaire To Fund Magna Bid For Chrysler!]]> OK, so we'll totally called this one. True, we called it humorously, but whatevs, we'll take our wins when and where we can. Under the terms of an agreement announced early Thursday companies owned by Oleg Deripaska, the Russian entrepreneur, will pay $1.54 billion to acquire 20 million Class A shares of Magna International. Magna CEO Frank "Stroke Me, Stroke Me" Stronach claims the transaction has nothing to do with the Chrysler bid — but it's hard not to think that the additional hot injection of cold Russian capital from Deripaska doesn't have something to do with it. So this means if the Magna deal goes through we'll have the same guy who owns GAZ also now owning part of the Chyrsler Group — so we guess GAZ will finally be able to steal those Jeep designs legally. Ah, the joys of Capitalism! [Hat tip to AllenParkPete!] – Ray Wert More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=259297&view=rss&microfeed=true <![CDATA[Chrysler Group Sales Speculation: Magna Only Bidder Left?]]> Yet another strange-ass news mag we've never heard of out of Deutschland (but with a very Automotive News-like website) is reporting that the not-so-equal side of the merger-of-equals is playing games with private equity. They believe Magna International may be the only bidder the German-American hybrid's interested in selling the 'merican side off to. It's their belief the folks at Cerberus (now with Super Wolfgang Bernhard Potential!) and Blackstone may be nothing more than window dressing for the real talks with the Canadian auto supplier. As always, time will tell and as usual, the speculatin' sure is fun! – Ray Wert More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=258200&view=rss&microfeed=true <![CDATA[Chrysler Group Sales Speculation: Magna Confirms "Involvement"]]> We just received the following press release from the Canadian auto supplier:
Magna Confirms Involvement in Potential Sale of Chrysler Group
More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=252069&view=rss&microfeed=true <![CDATA[Chrysler Group Sales Speculation: Canadian Supplier Magna In Talks With Private Equity For $4.7 Billion Purchase]]> CNBC reported a little earlier this morning that a private equity group along with Canadian supplier Magna International's readying, or already has submitted, a bid for the Chrysler Group of between $4.6 and $4.7 billion dollars. Just wanted to tell you so that you can get ready to start blaming Canada for something more than that hockey hullabaloo and that bitch Anne Murray. – Ray Wert More »
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