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Reports that General Motors will sell Opel dismissed as 'nonsense'

German press reports that General Motors Co. is putting its European unit Opel/Vauxhall up for sale were dismissed as speculation by the division and as "nonsense" by a German state with an Opel factory. The magazines Auto Bild and Spiegel reported that GM is considering putting Opel up for sale as management is losing confidence that its European arm will return to profitability.

GM, Ford and Chrysler sales advance on crossover, small-car demand

General Motors, Ford and Chrysler posted higher July sales, helped by demand for crossovers as well as small, fuel-efficient vehicles. GM said today its sales rose 8 percent last month from a year ago, with passenger car demand rising 8 percent and crossover sales increasing 20 percent. At Ford, sales rose 6 percent, with car demand advancing 3 percent and light truck sales up 12 percent.

BMW Toyota diesel engine deal not for Lexus

Lexus won't get BMW diesel engines despite the Toyota deal The deal for BMW to supply Toyota with diesel engines for its range in Europe will not extend to Lexus models. The deal for BMW to supply diesel engines to Toyota for Europe (and joint work on advanced lithium ion battery technology) makes a lot of sense. BMW’s diesel engine are possibly the best there are, and Toyota need good diesel offerings in Europe to mop up sales.