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General Motors says Magna's Opel bid has obstacles, RHJ's is easier to accept

General Motors Co. says a bid for Opel from Magna International faces hurdles while a rival offer from Belgian investor RHJ International would be easier to accept. Writing on GM Europe's Web site, John Smith, GM's chief negotiator for the Opel sale, says Magna's bid "contained elements around intellectual property and our Russian operations that simply could not be implemented." He adds: "GM has partners in other parts of the world who have joint ownership of these assets ...

Ford Fiesta shown

By Ben Pulman Motor Shows 04 March 2008 12:42 What’s new on Ford’s Geneva Motor Show stand? The Fiesta of course. Both three and five-door versions of the supermini were on display, and both looked brilliant.

Toyota to sell tens of thousands of fuel cell cars a year by 2020

Toyota FCV-R Hydrogen Fuel Cell Toyota is pushing ahead with hydrogen fuel cell vehicles and plans to be selling tens of thousands a year by 2012, starting with the Toyota FCV-R Toyota may have brought yet another hybrid concept to Geneva, and may we have moaned again about their obsession with flogging hybrid cars. But we can’t argue  they haven’t made a success of turning car buyers on to hybrid cars, however futile a long-term route we may think it is. But it seems Toyota do agree with us on electric cars with no plans to throw their weight behind the EV in a big way, but they are gearing up to try and do with hydrogen fuel cell cars what they’ve done with hybrid cars, and are expecting to be selling tens of thousands of fuel cell powered cars a year by 2020.