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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.

Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.

Buick Regal (2011) Revealed

General Motors has revealed the 2011 Vauxhall Insignia based Buick Regal Now that the American car industry is starting to release mainstream cars that make sense, it does make sense for us to report on them. And in the case of the 2011 Buick Regal there is another very good reason. This is a Vauxhall Insignia with a bit of Yankee glitz.