What do you think will happened with Vauxhall?

#1
http://www.independent.co.uk/news/b...ed-about-deripaska-link-to-magna-1693364.html

Concerns are growing in Whitehall over links between Oleg Deripaska, the billionaire Russian oligarch, and the consortium set to rescue Opel and Vauxhall, the European arms of General Motors (GM).

GAZ, Mr Deripaska's automotive group, owned the Birmingham van maker LDV when it nearly collapsed earlier this year, before selling it to the Malaysian vehicle importer Weststar. Mr Deripaska's businesses have been badly hit by the credit crunch, and he was one of the first Russian entrepreneurs bailed out by the Kremlin.

Despite these difficulties, GAZ has teamed up with the Canadian car parts firm Magna and Russian bank Sberbank in their proposed takeover of Opel and Vauxhall. GAZ would make Opel vehicles in Russia, while Magna has vowed to invest up to €700m (£610m) in Opel.
Reportedly Mr.Deripaska and Lord Mandelson are good friends. But how mr.Deripaska does run his numerous plants?

http://www.independent.co.uk/news/w...s-ignite-dissent-in-russian-town-1690418.html

Cold, hunger and job losses ignite dissent in Russian town

Impoverished workers resort to eating salads of weeds and nettle soup
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The town, with a population of just over 20,000, has been suffering as its three major factories have hit hard times during the economic crisis
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The final straw came when the town lost its heating and hot water as the only local power station couldn't afford to keep running. Even kindergartens and hospitals were left without hot water. The town's gas supply was also cut off.
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...the impoverished residents of Pikalevo have resorted to eating nettle soup and salads made from dandelions and weeds. The paper also notes that "suspiciously few cats and dogs remain on the streets". One rueful commentator on the town's online forum raises the possibility that shoelaces boiled with salt might taste like spaghetti.
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One of the factories in Pikalevo is affiliated with the vast Basic Element company, which is run by Oleg Deripaska...
It is alas Russia run by moron Putin and his thieves tycoons.
 

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