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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.

More than 800 cars apply for Monterey Motorsports Reunion

The 2012 Rolex Monterey Motorsports Reunion will celebrate the 50th anniversary of the Shelby Cobra, and more than 800 applications for participation have been received. There will be 17 race groups at the track Aug. 17-19, but participation is limited to 550 cars.

CAR 20 Most Wanted of 2014: Maserati Levante

By the CAR editorial team First Official Pictures 13 December 2013 09:00 If Maserati’s plot to sell 50,000 cars annually by 2016 is to succeed, the Trident’s super-SUV needs to fly out of showrooms fast enough to give salesmen whiplash. Ambitious? Yes, but Maserati’s up-sleeve trick is getting the platform from sister brand Jeep and its much-improved Grand Cherokee.