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EBay exotic: 1980 BMW M1

What we have here, according to the seller, is an actual one-owner, 4,418-kilometer (2,739 miles) BMW M1, recently imported to the United States from Germany. That's right--the original BMW supercar, one of 456 reportedly built. While the 277-hp straight-six may not sound too impressive today, keep in mind that the European Ferrari 308 only made about 250 hp at the time.

2012 Lexus RX 450h Facelift leaks

The new Lexus RX 450h with F Sport options A facelift for the 2012 Lexus RX 450h has been leaked from scans of a JDM brochure. The 2012 RX 450h gets the new Lexus grill and F Sport options. We quite like the Lexus RX 450h, even though it would be a better car with a proper engine and a proper gearbox.

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.