Magna International no longer hides its interest in Opel

Magna International Inc. has confirmed today that it is in talks with Opel, General Motors and German government representatives regarding the various potential options for the future of Opel; options that could include a minority stake in Opel.

No assurance is given as to a possible operation resulting from the current involvement of Magna.

We are the most diversified global automotive supplier. We design, develop and manufacture systems, assembly lines, modules and components, technologically advances. We manufacture and assemble complete, vehicles primarily for sale to original equipment manufacturers cars and light commercial vehicles.

Our skills include design, engineering, testing and manufacture of automotive interior systems; systems seats; Body and Chassis systems; vision system; electronic systems; exterior systems; transmission systems; roof systems as well as engineering and assembling complete vehicles.

We have approximately 70,000 employees in 240 manufacturing operations and 86 development centers, engineering and marketing of products spread over 25 countries.