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GM board will again delay decision on Opel's future, report says

General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.

Lincoln hires ex-Cadillac designer

Lincoln has hired ex-Cadillac designer Max Wolff to be its design director starting on Jan. 3. Wolff, 38, will oversee the look of Ford's luxury brand as it plans to launch seven new vehicles over the next four years, including its first C-segment small car.

Paint your nails with Ford Mustang colors!

When the Ford Mustang came out in 1964, some dared deride it as a "secretary's car," as if just happening upon the discovery that women might -- for some reason, who knows, the harried dames -- enjoy driving automobiles as well. What a concept. Fifty years later, Ford seems to be making the same discovery all over again.