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GM cancels Opel Vauxhall sale to Magna

By Tim Pollard Motor Industry 03 November 2009 22:59 General Motors tonight surprised the world by pulling its proposed sale of its European division – Opel and Vauxhall – to Magna. In a dramatic U-turn, Detroit said 'an improving business environment for GM over the past few months' had made it reappraise its spin-off plans.The 11th hour switch means that GM will still retain full ownership of Opel and Vauxhall, which will now 'be restructured in earnest'. Canadian parts giant Magna had won the race to buy a controlling stake in GM Europe, as a newly relaunched Detroit sought to shore up its finances.

Alfa Romeo 4C UK debut at 2013 Goodwood Festival of Speed

The launch Edition of the Alfa Romeo 4C (pictured) will be in action at the 2013 Goodwood Festival of Speed. We had the launch – finally – of the production version of the Alfa Romeo 4C at the Geneva Motor Show in March, and now visitors to the Goodwood Festival of Speed in July will get the chance to see the 4C in action as it makes its UK ‘Dynamic’ debut. Weighing in at under 1000kg, the 4C is a hugely promising sports car from Alfa, which seems to offer all you want from an Alfa including decent performance from the 1750cc four cylinder turbo from the Giulietta Quadrifoglio Verde, which promises 0-62mph in around 4.5 seconds Alfa are actually bringing the Launch Edition of the 4C to Goodwood for visitors to lust over, which gets extra tweaks including a carbon fibre body kit.

Mercedes-Benz teases Mercedes MLC in Alabama

Mercedes MLC Teased As far back as June we reported that Mercedes was planning on building a rival to the BMW X6 – which we dubbed the Mercedes MLC. Which made us conclude – when Mercedes announced it was adding a fifth model to its production line at it Alabama plant in the U.S. – that the car they would be churning out would be the M-Class Coupe.