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Magna hires German ex-governor Dieter Althaus

Magna hires German ex-governor Dieter Althaus

Car parts maker Magna International Inc. on Friday hired Dieter Althaus, a former German state governor, to tend its political contacts and relations with important customer Volkswagen AG.
Althaus, a member of Chancellor Angela Merkel's Christian Democrats, was governor of the eastern state of Thuringia until late last year. He is to start work Monday as a vice president for Magna.
Magna co-CEO Siegfried Wolf said the move makes clear that his company, based in Aurora, Ontario, wants to strengthen its position in Germany.
A consortium led by Magna appeared poised last year to take a majority stake in General Motors Co.'s German-based Opel unit. However, GM eventually canceled the sale and decided to retain Opel.
The Magna bid was favored by Germany's government and by regional governors including Althaus, whose state is home to one of Opel's four German plants.
Althaus stepped down in September after his party lost its majority in a state election.
In January 2009, he was involved in a skiing accident in Austria that left a woman dead. He was convicted of negligent manslaughter and fined, and his own head injuries left him out of action for more than three months.


Updated : 2021-03-03 20:41 GMT+08:00