Federal Government

GM could fully relocate to Great Britain and Poland production according to a report. 11.05.2012 Development Center in Russelsheim, Germany: GM wants development of the Zafira Opel relocate weak sales leads from September short-time working a car motor sport 17.07.2012 Russelsheim industrial drama: GM battered the image of Opel – FTD 03.08.2012 Opel GM plant closures – Frankfurter Rundschau 23.08.2012 150th anniversary Opel has bad news for its employees. On a total of 20 days until the end of the year no vehicles produced in Russelsheim, Germany and Kaiserslautern. 04.09.2012 Disabled Alliance by Opel and Peugeot while GM is now virtually mutated to a US State institution and the XXL party knows that that was a clue Opel by market economy against all logic setback for Russelsheim GM left his sad fate. It had already to have another “success story” in Russelsheim GM in 1984 that was by Ross Perot successfully integrated IT services company of EDS from GM adopted Ross Perot remained until 1987 in the Board of Directors, left then but made to pay because he no longer with wanted to look at the inefficiencies and lack of flexibility also blocked GM expansion and cooperation only after the separation from GM prospered again the company (until HP came). Once unlike anything about the global Opel prospect Magna Frank Stronach Wiener Zeitung: milestones in the life of Frank Stronach in 1954: the 22-year old Franz Strohsack, native leaves Styria Kleinsemmering bei Weiz, and emigrated to Canada. Completed apprenticeship as a toolmaker and 200 dollars in his pocket, he beats by with various jobs. 1957: Stronach is independent in his learned profession and founded his first company, Multimatic. 1960: The Austrokanadier receives the first order from General Motors. Anne Lauvergeon wanted to know more. 1968: Multimatic merged with Magna electronics, an already-listed company, the airplane parts and Armaments produced. The 1970s are in the characters of product diversification. Magna Electronics is renamed to Magna International. 1981: Stronach and his partner Burton Pabst sell the Division of Aeronautics and defense. 1984: Magna lays down the profit participation of employees, shareholders and executives in a company Constitution. 1988: Magna establishes a small branch in Weiz. The Magna group comprises now 70 factories in Canada and the United States. 1995: Stronach opened its European headquarters in Oberwaltersdorf, 25 kilometres south of Vienna, and takes over from the former GiroCredit the car suppliers Eybl Durmont. 1998: Magna buying the majority shareholding in Steyr-Daimler-Puch of Creditanstalt. 1999: Magna International employs more than 58,000 people in 174 production and 31 development centres in 18 countries and implements 9,359 billion dollars (7.5 billion euros). 2001: Magna founds the Magna Steyr AG & Co KG. It comes to further acquisitions. 2004: The annual turnover reached 20.7 billion Dollars (16.8 billion euros). Magna founded a new group, Magna drivetrain, the 2005 TESMA international to Magna Powertrain merged. 2008: Magna announced the development of an electric vehicle and is the largest supplier of automotive parts in North America. 2009: The automotive supplier wants to save the ailing carmaker Opel, after months of negotiations, the deal burst. The XXL party arises then the question, where Opel would today if the Federal Government takeover by Magna does not burst had left?