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Fiat makes bid to buy Opel

The proposed partnership between Fiat and Chrysler has been thrown into a tailspin with revelations that the Italian carmaker has made a secret offer to purchase a majority stake in Opel. Klaus Franz, chairman of Opel's works council, on Thursday confirmed Fiat's interest in a takeover of General Motors' European subsidiary, suggesting that officials have cleared the way for the signing of a letter of intent as early as April 28. Opel has been in talks with parts supplier Magna International on a possible partnership over the past month.

Opel Flexstreme concept

By Tim Pollard Motor Shows 11 September 2007 03:13 Opel Flextreme: the lowdown Vauxhall’s European sister brand Opel showed off its surprise at Frankfurt today – the new Flextreme concept car. Under that voluminous monocab body lies GM’s E-Flex plug-in hybrid system. It’s the latest trend in hybrids, allowing up to 30 miles of zero-emissions electric operation, after which the diesel engine kicks in to recharge the battery.

McLaren's Stephenson honored by Art Center

McLaren Automotive design director Frank Stephenson was honored this weekend at the 80th anniversary of the Art Center College of Design in Pasadena, Calif. Stephenson is a 1986 graduate of the school, and he received the Creative Spirit Award along with three other alumni. The MP4-12C was also on display at the festivities.