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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.

Ford preparing fastest ever four-door—in Australia

Ford's struggling Australian outpost is set to unleash its fastest-accelerating car yet in the form of a limited- edition version of the four-door Falcon GT Boss 335 sedan running various chassis-based performance enhancements, according to Australian media reports. Known internally at the company's Ford Performance Vehicles division under the code name Panther, the Blue Oval's supersedan is set to run the same supercharged 5.0-liter V8 as the standard Falcon GT Boss 335—itself a locally developed version of the Mustang's 90-degree Coyote unit with unique cylinder heads and renamed Miami. It delivers 449 hp at 5,750 rpm and 420 lb-ft of torque at 2,200 rpm.

Driven: Honda CR-Z

The Honda CR-Z has been a long time coming. Although the concept debuted in 2007, as a project it's been kicking around Honda for over 10 years. Since the first Insight was launched in 1999, there have been numerous stop-start projects to produce a hybrid successor to the much-loved CR-X coupe.