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GM cancels Opel Vauxhall sale to Magna

By Tim Pollard Motor Industry 03 November 2009 22:59 General Motors tonight surprised the world by pulling its proposed sale of its European division – Opel and Vauxhall – to Magna. In a dramatic U-turn, Detroit said 'an improving business environment for GM over the past few months' had made it reappraise its spin-off plans.The 11th hour switch means that GM will still retain full ownership of Opel and Vauxhall, which will now 'be restructured in earnest'. Canadian parts giant Magna had won the race to buy a controlling stake in GM Europe, as a newly relaunched Detroit sought to shore up its finances.

Audi TT (2014) in detail: news, prices, specs

By Ben Barry First Official Pictures 08 August 2014 10:39 Could the third-generation Audi TT finally be about to live up to the mini-me Porsche 911 billing that its looks have always promised but its dynamics never delivered? As tech development boss Oscar Da Silva Martins talks CAR round a cutaway of the car’s monocoque ahead of its launch in November, it seems a tantalising possibility. With a clever mixture of aluminium and steel, the new TT’s kerbweight is not only some 140kg shy of the iconic Mk1 of 1998 but also 50kg lighter than its steel-and-aluminium-based predecessor, despite extra equipment that boosts both safety and convenience.

Ford Focus RS 500 revealed

The limited edition, matt black Ford Focus RS 500 According to Ford’s micro-site for the Focus RS 500 the reveal of the limited edition Focus RS will happen on Wednesday. But we’ve managed to jump the gun a little and bring you the Focus RS 500 in all its matt black goodness a day or two early. We’re sure you won’t object.