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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.

Audi R8 LMX – the most powerful R8 yet – costs from £160,025

The Audi R8 LMX (pictured) is the first production car with laser lights The new Audi R8 LMX is actually the most powerful R8 road car Audi has produced, but they seem keener you know that it has laser beam headlights. But that’s because they’ve beaten BMW to the punch on the laser front. As a run-out version of the current R8, the R8 LMX has a lot to offer, with more power, more toys, a hefty price tag and a debut in the UK at the Goodwood Festival of Speed next month.

Lexus readies hybrid LS with V12 grunt, V6 economy

By Phil McNamara Motor Industry 03 June 2007 02:34 Lexus claims its new LS600h hybrid will return 29.7mpg – despite having 444bhp on tap. The company has announced new details of its flagship hybrid, which gets a European premiere at September's Paris motor show. Lexus claims that the petrol/electric hybrid drivetrain offers the performance of a V12, but with V6 fuel economy and emissions.