Beck Arnley 201-1515 Switch, Oil Pressure W/light-engine Oil Pressure Switch on 2040-parts.com

Newsflash: Magna 'agrees to buy GM Europe': latest news

Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.

New Ford Fiesta Automatic

The Ford Fiesta now gets an automatic option Of course, this is not just about catering for the small numbers of Europeans who can’t use their left foot. It is probably about catering for the huge number of Americans who won’t. As we’ve reported, Ford is on a big push to get America to love the new Ford Fiesta, and without an auto option on offer they will be restricting their sales numbers.

Peugeot 107 Millesim 200. Add it to the list

The Peugeot 107 Millesim - the latest 200th anniversary model We’ve said it before and we’ll say it again. Hats off to Peugeot for being in business for 200 years. Being in business for 200 days can be a struggle, never mind being around since the middle of the Napoleonic wars.