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GM wants to wrap up Opel sale quickly

General Motors is anxious to wrap up the sale of Opel, a top executive said Tuesday. The bidding has been narrowed to Canadian auto parts conglomerate Magna--which is favored by the German government--and Belgian investors RHJ International. "I think everyone is anxious to get this thing done," GM CFO Ray Young said, according to Automotive News.

Corvette revives Grand Sport name for 2010 model

The legendary Grand Sport name is being revived for the 2010 Corvette, Chevrolet said on Friday. The 2010 Grand Sport lets Corvette buyers give the two-seater a meaner look and tighter suspension without going all the way to the Z06 model. And it lets you do this with the options of an automatic transmission and folding top, if you choose.

P1 Supercar Club in administration

The P1 Supercar Club seems to have fallen by the wayside. [ad#ad-1] In a buoyant economy, with plenty of ‘Readies’ floating around, the Supercar Club Concept (where members pay an annual fee for the use of a fleet of Supercars for a fixed number of days a year) works well. Clubs in the UK have sprung up all over the place, inspired by the success of the P1 Supercar Club, co-founded by Damon Hill in 2000.