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GM board will again delay decision on Opel's future, report says

General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.

BMW, Daimler experiment with upscale rent-by-the-ride

Two European luxury brands are tiptoeing into car sharing, a radical move for carmakers whose business for the past 100 years has been selling to individuals. German archrivals Daimler AG and BMW AG have launched sharing programs. The automakers say the move was prompted by changing attitudes about car ownership, especially among young buyers, and increased urban congestion.

Bentley will return to top-level motorsport

Bentley will return to top-level motorsport, new chief executive Wolfgang Durheimer has revealed. Bentley pulled out of racing after its 2001-2003 stint at Le Mans, culminating in an outright win in its last year at the 24-hour race. But Durheimer, who was previously Porsche's R&D chief and who now runs the Volkswagen Group's entire motorsport division, is keen that Bentley will return to the track and revive Crewe's long and storied motorsport history.