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GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.

New York auto show 2012 review by Ben Oliver

New York is not a city in love with the automobile. The titans of Wall Street may have the money to buy Ferraris and Lamborghinis but you rarely see them on the street: if the city's appalling roads didn't break them, its appalling driving would. But maybe that's why New York's 112 year-old 'auto show' is still so popular.

Toyota and Lexus cars may have problems with stalling engines

More than a quarter-million Toyota cars sold worldwide--including many Lexus cars--have engines that may suddenly stall while the car is moving, Toyota said on Thursday. So far, Toyota has not recalled the vehicles, which total about 270,000 units. And its announcement in Japan did not say how Toyota discovered the problem.