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Andersson Changes GM to GAZ
Since American government does not cherish the heads of General Motors, Russian GAZ Group decided to offer one of them a good position. GM executive, Bo Andersson has already accepted the position of the chairman of GAZ board, but the final settings will be done on June 29 when company’s general annual meeting will take place and the list of major candidates will be discussed.
Russian Manufacturer Plans to Purchase Opel
Russian number-one auto manufacturer, GAZ, is planning to purchase Opel, the brand that was one of the three General Motors planned to sell. At this moment GAZ is talking with its main creditors, Russia’s Sberbank and Canadian auto parts maker Magna, whether they will have enough funds for the project.
Russia Is Going to Produce Italian Diesel Engines
Russian auto maker, GAZ, became a partner with General Motors in Italian VM Motori. This way both companies can produce the diesel engines of the highest class from the world famous Italian manufacturer.
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