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BMW works hard to avoid gas-guzzler tax

BMW AG hopes to get out from under the gas-guzzler taxes that are tacked on to the sticker prices of some of its high-performance models in the United States. Jim O'Donnell, president of BMW of North America, says the company is studying fuel-efficiency improvements that could eliminate the gas-guzzler taxes on its vehicles as early as the launch of their redesigns in the next few years. The 2010 550i GT incurs a $1,000 gas-guzzler fee, for example.

Insurance group lists its Top Safety Picks

After increasing its standards for 2011 models, the Insurance Institute for Highway Safety says that 66 vehicles--more than double the 2010 total--rate as best in the industry at protecting passengers from front, side, rollover and rear crashes. Only 27 vehicles qualified last year after the group, funded by the insurance industry, required that vehicles pass a roof-strength test to earn a good rating, claiming that stronger roofs would reduce the risk of serious or fatal injury by 50 percent in a rollover accident. The most mentioned carmakers on the 2011 list are Hyundai/Kia and Volkswagen/Audi, both with nine vehicles to get the Top Safety Pick designation.

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.