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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.

Opel design boss dismissed

Newly appointed Opel design boss Dave Lyon has been dismissed by parent company General Motors, less than a week before he was set to take over the position at the company's troubled European subsidiary in Russelsheim, Germany. Lyon, who was set to receive Opel's design operations from current boss Mark Adams on Aug. 1, was reportedly escorted from GM design headquarters in Michigan late last week under mysterious circumstances.

Chevrolet Corvette Grand Sport (2010) first picture

Corvette Grand Sport (2010) first pictures By Ben Pulman First Official Pictures 27 April 2009 09:14 Despite the hard times, General Motors is pushing ahead with launching new product. Its latest model is this Corvette Grand Sport, and while it won’t revive the company’s fortunes, at least it’ll help ‘Vette enthusiasts forget about the future. It’s a wide-body ‘Vette with track-tuned suspension.