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GM Sale to Magna Cancelled

GM has cancelled the sale of Opel and Vauxhall to Magna It’s been fraught with problems from the start, but what fire-sale isn’t? The unions have been unimpressed with what Magna were offering. The EU has had a pout and a stomp about the sale.  Lord Mandy has said lots but done little.

Volkswagen Golf GTD Mk 7 revealed

The 2013 VW Golf GTD has been revealed ahead of a Geneva Motor Show debut with 181bhp, 67.3mpg and 109g/km emissions. The new VW Golf GTD get VW’s new 2.0 litre 4-cylinder diesel which offers an impressive 181bhp and a very decent 280lb/ft of torque, enough to get to 62mph in 7.5 seconds and on to a top speed of 143mph. The extra power (up 13bhp and 22lb/ft of torque) may mean better performance than the Mk 6 GTD, but it’s not at the price of poorer economy.

Tesla repays government loans – a first, say Tesla. Chrysler disagree.

2013 is turning in to a very good year for Tesla. The Tesla Model S has had more praise heaped on it than almost any car ever has, they are making an operating profit and their shares are going through the roof. So with the stars aligning for Tesla they’ve taken the opportunity to pay back $465 million of US Department of Energy loans, nine years early.