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From Russia, With Love: Owner of GAZ buys 5% of GM

Okay, so maybe GAZ wasn't really interested in buying Land Rover and Jaguar from Ford, but that hasn't stopped Russian billionaire Oleg Deripaska from buying a big chunk of another U.S. automaker. Deripaska is the owner of GAZ and he just bought 5% of General Motors on the open market. Said to be worth about $16.8 billion, Deripaska seems perfectly capable of coughing up the $900 millio

UPDATE: Russian automaker GAZ says no to Jaguar

Days after reports that Gorky Automobile Plant (GAZ) owner Oleg Deripaska was interested in purchasing the brand from Ford Motor Co., a spokesperson for the maker of the Volga announced that the automaker is not interested after all. GAZ, she states, is only interested in commercial vehicles and powertra

Russian automaker GAZ interested in Jaguar?

So far potential suitors looking to purchase Jaguar from Ford have been named out of pure speculation. One such suitor whose interest in Jaguar seems to be gaining traction in the international press is Oleg Deripaska, the sixth richest man in Russia and owner of the GAZ motor empire, Russia's largest automaker. The 38-year-old Russian businessman, whose worth is an estimat