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GM board will again delay decision on Opel's future, report says

General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.

Future Audis may time traffic lights for you

Here's a trick efficiency-chasing hypermilers have been using for years: spotting the cycles of stoplights from 100 to 200 yards out and letting the car coast up to the light just before it turns green, then carrying on without ever letting the car come to a complete stop. These hypermilers, along with professional truck drivers, do this because they know that accelerating from a standstill burns the greatest amount of fuel, and because letting a car coast up to the light with the automatic transmission downshifting by itself is easier on the transmission than stomping on the brakes right beneath the stoplight. Oh, and it's easier on the brake pads as well.

Want a 28% return on investment? Buy a Classic Ferrari.

The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.