1977 Honda Atc90 Grab Bar With Taillight 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.

Ford posts record first-quarter profits

Ford Motor Co. said first-quarter net income increased 15 percent from a year earlier to $1.61 billion, as rising U.S. auto sales pushed North American profits to a record, offsetting deeper losses in Europe.

Geneva Motor Show 2011 - Recap

Last week, the Car Design News team headed out to Geneva to cover the motor show, just as we've always done. But there was something different about it this year. This 81st recurrence of the Swiss motor show not only saw Jaguar celebrate the 50th anniversary of the iconic E-Type and the first Italdesign vehicles created under the stewardship of Volkswagen, it also heralded a significant step forward for Car Design News' coverage of motor shows.