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GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.

McLaren F1 for sale – the best one in the world?

The McLaren F1 - NOT the 'New' car for sale - we're not allowed to show that picture! But with only 64 road cars made (plus the handful of LM models – which would set you back considerably more), and the ability to stand shoulder to shoulder with the modern ‘Best Car in the World’ title holder – the Bugatti Veyron – it should be no surprise that they fetch such high prices. And if any more McLaren F1s set on fire, as we reported recently, the ones left will all go up in value.

Renault launches cheapo Twingo

The Renault Twingo is a car we had to do without in the UK for years. Renault never thought it worthwhile bringing this slightly odd-ball car to the UK. Many of us drove it on holidays in Europe, where it was a mainstay of holiday rental fleets for years, but it never crossed the channel.