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Vauxhall and Opel 'not for sale' - CEO Akerson

GM chief executive Dan Akerson has overnight dismissed claims that its Vauxhall/Opel European division is for sale. CAR's European editor Georg Kacher, and media outlets in Germany, reported last month that German chancellor Angela Merkel had weighed in to the debate and encouraged Volkswagen to step in and take GM Europe off GM's hands. Vauxhall and Opel have also been linked to a possible sale to the Chinese.

Cash-for-clunkers deal to end Monday night, government says

The Obama administration plans to cut off dealer funding for the cash-for-clunkers program on Monday at 8 p.m. Eastern, after finding that the $3 billion fund is nearing depletion, Transportation Secretary Ray LaHood said. "The overriding objective was to be conservative and to provide an adequate window for a soft landing," a senior administration official said in a conference call with reporters Thursday.

Midsize 2015 Chevy Colorado coming fall 2014

Chevy introduced the 2015 Colorado pickup on Monday at the Los Angeles Auto Show. The midsize truck is expected to deliver class-leading power, payload and trailering rating when it goes on sale in fall 2014, at least according to the Bowtie. Chevy hopes the Colorado will be the most powerful midsize truck (in an admittedly small segment) thanks to its three-engine lineup.