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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.

Washington auto show: Ford develops ‘intelligent cars'

There are plenty of smartphones, and now Ford is pitching the idea of “intelligent cars” that can communicate with each other to avoid accidents. Ford is investing heavily into the technology and will launch a fleet of prototypes this spring, the company said on Thursday at the Washington auto show. The idea is to use wireless signals on a secured channel to allow cars to communicate with each other.

Autoweek in review: Win a Chrysler 300 SRT, the new Viper under $100K, and we play with an Aston Martin

Want a chance to win a Chrysler 300 SRT? Of course you do. The Autoweek America Adventure is a road trip you'll never forget—and it may even be your path to 300 SRT ownership.