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VW and Chinese ‘in talks to buy Vauxhall/Opel’ from GM

GM is considering selling its loss-making European operations, it emerged tonight. If it goes ahead and severs ties with GM Europe, the General would cede control of Vauxhall and Opel, the second biggest car brand in the UK.And in another extraordinary twist, CAR has confirmed that top-level talks have been taking place between Volkswagen and the German government, which is keen to avoid Opel falling into foreign hands. Chinese car makers are circling but Chancellor Angela Merkel, who has close connections to Volkswagen chief Martin Winterkorn, would prefer VW to step up to the plate as a potential buyer than a Chinese brand.

U.S. auto sales continue to plunge in February

February sales for each of the top six U.S. automakers plunged more than 37 percent in February--the worst month since December 1981. "We are in an automotive depression amid 'The Great Recession,' " Standard and Poor's analyst Efraim Levy said in a report.

Hyundai SonataTransform

Hyundai has released the first photos of its Sonata Transform sedan, one of the most important vehicles in the carmaker's lineup. This is its first major facelift since it was launched in 2004. The new design is a departure from its predecessor and the styling language has shifted from what was geometrical to a more organic and softer form, with rounder bumper surfaces and softer edges at the radiator grille and around the headlamps.