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General Motors board delays decision on favored Opel bidder

General Motors Co.'s new board of directors made no recommendation in favor of one of the two rival bidders for Opel, the company said on Tuesday. The board has been updated on the Opel sale process but because talks are continuing with Magna International and Belgian investment company RHJ International, no recommendation has been made, GM said in a brief statement. GM's new board of directors was expected to choose one of the two bidders at a meeting on Monday evening.

Ford caps orders on '11 Shelby Mustang GT500

Time is running out to get a 2011 Ford Shelby Mustang GT500. More than 3,300 orders have been placed for the instant icon--arguably the best ‘Stang ever--and Ford is capping orders for this model year at 5,500. Do the math: That means 2,200 or fewer remain.

Alfa Romeo/IED Gloria [w/gallery]

The European Institute of Design (IED) in Turin will unveil its new Gloria concept, developed in collaboration with Alfa Romeo Style Center, at next month's Geneva motor show. These renders of the sports sedan concept, which is 4,200mm long, 1,920mm wide, 1,320mm high sitting on a wheelbase of 2,900mm, show a traditional Alfa grille that feeds into the hood's prominent V-shaped character lines. Two leather hood straps in front of the windshield are a nod to the brand's older models.