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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 ...

1970 Chevelles fetch top dollar at Barrett-Jackson auction

The muscle-bound favorite of enthusiasts and boulevard cruisers everywhere, the 1970 Chevrolet Chevelle, returned in force at the Barrett-Jackson Orange County Collector Car Auction, June 25-27. The top seller at the event was an SS 454 LS6 convertible, which sold for $253,000. That was closely followed by an SS custom coupe, which went for $250,000.

Honda Jazz Hybrid (2013) first official pictures

Honda city car gets a new hybrid drivetrain and dual-clutch gearbox – and a claimed 102.8mpg The new Honda Jazz Hybrid has been revealed, with massive improvements in fuel economy for the smartly packaged and keenly priced urban runabout. Its 102.8mpg (UK) claim puts the current Jazz Hybrid’s figure of 62.8mpg in the shade, as well as that of the Toyota Yaris Hybrid with 81.0mpg. It will be shown at the Frankfurt motor show this September before arriving in UK showrooms in 2014.