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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.

Updated 2014 Volkswagen Polo prices confirmed

Volkswagen has confirmed its new 2014 Polo supermini will go on sale in the UK on 23 April 2014, with prices starting from £11,100 for the entry-level 60hp 1.0-litre S variant. Prices rise to £19,715 for the range-topping five-door Polo Blue GT model fitted with VW’s 150hp 1.4-litre TSI petrol turbo engine with cylinder deactivation technology. It is mated to a six-speed manual as standard, or the firm’s seven-speed DSG gearbox as an option.

A look at Cadillac future products

General Motors has green-lighted the development of a large flagship sedan for Cadillac, sources say, part of its plan to position its luxury brand's lineup to take on the German luxury stalwarts in every key sedan segment. The flagship sedan is to be built on a new rear-wheel-drive platform and arrive by 2015. The long-rumored rwd flagship would challenge the BMW 7-series and Mercedes-Benz S-class and is a key to GM's ambitions to expand Cadillac in China.