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General Motors board delays decision on favored Opel bidder

General Motors Co.'s new board of directors made no recommendation in favor of one of the two rival bidders for Opel, the company said on Tuesday. The board has been updated on the Opel sale process but because talks are continuing with Magna International and Belgian investment company RHJ International, no recommendation has been made, GM said in a brief statement. GM's new board of directors was expected to choose one of the two bidders at a meeting on Monday evening.

German car makers are dropping big engines

[ad#ad-1] It’s the trend at the moment, and one that won’t go down very well with our American cousins, who are fond of saying that ‘There ain’t no substitute for cubic inches’, as the three big luxury German Car Companies – Audi BMW and Mercedes – are planning to move away from their big ‘V’ engines. BMW V10 - on the way out The news started last week, when Audi let it be known that their new S5 will not use the V8, but will instead use a supercharged V6. Earlier this week, news came from BMW that its next generation of ‘M’ cars will forsake the V10s so beloved of M owners, and will instead go for turbo versions of the V8.

How to buy a James Bond car on a budget

The name's Bond, budget Bond By Adam Binnie Motoring Issues 10 July 2014 09:06 News that a classic Aston Martin, full of James Bond gadgets, is to be sold at auction this Saturday 12 July 2014 may leave you yearning for a piece of the action for yourself. The idea of blasting through the Alps in a classic sports car with nothing on the horizon but a vodka martini and a suitcase full of secrets may leave you shaken and stirred, but sadly it is beyond the financial reach of most non-spies. Coys, auctioneers of the aforementioned DB 2/4 Vantage (below), were unable to speculate how much it would sell for, but it is likely to be an eye-watering sum.