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At least four suitors are in the race for insolvent German supplier Karmann’s roof business, a source close to the situation said, with Canada’s Magna International Inc. leading the pack.

Tags: Canada, German Supplier, Karmann, Leads, Magna International, Magna International Inc, Suitors

Belgian financial investor RHJ International offered $387.6 million for a 50.1 percent stake in General Motors’ Opel business in a last-ditch effort to beat rival suitors led by Magna International.

Tags: 6 Million, Financial Investor, General Motors, General Motors Opel, Gm, Last Ditch Effort, Magna International, Majority Stake, Percent Stake, RHJ International, Suitors, USD

At least six potential suitors including TRW Automotive Holdings have considered bidding for Delphi Corp. a day before a deadline for offers on the assets of the bankrupt auto parts maker, sources briefed on the matter said today.

Tags: Assets, Auto Parts, bankrupt auto parts maker, Delphi, Delphi Corp., Reuters, Suitors, TRW, Trw Automotive Holdings, Trw Reports

Germany pressed the three bidders for General Motors’ unit Opel to improve their offers for the carmaker today, saying they needed to assume greater risks and make credible commitments to preserve jobs and sites.

Tags: Bidders, Credible Commitments, General Motors, Germany, Jobs, Opel, Suitors

Germany pressed the three bidders for General Motors’ unit Opel to improve their offers for the carmaker today, saying they needed to assume greater risks and make credible commitments to preserve jobs and sites.

Tags: Bidders, Credible Commitments, General Motors, Germany, Jobs, Opel, Suitors

Saab has selected three suitors for continued talks as it searches for a new owner, the money-losing General Motors unit said in a court filing on Tuesday.

Tags: General Motors, Money, Saab, Suitors, Whittles

General Motors’ Swedish unit Saab will speed up talks this week with a number of potential suitors, according to a Wall Street Journal story citing a top executive of the company.

Tags: General Motors, Journal Story, Saab, Speed Week, Suitors, Top Executive, Wall Street, Wall Street Journal