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General Motors board recommends selling Opel to Magna-led group

General Motors Co.'s board has decided to support selling a majority stake in Opel to a group led by Canadian auto parts giant Magna. The move caps weeks of high-stakes maneuvering on both sides of the Atlantic that saw nationalism, labor issues and--perhaps most critical to GM, the use of its technology--all come into play. Magna and Russian lender Sberbank will get a 55 percent interest in Opel, the linchpin of GM's European operations for 80 years, as well as its British sister brand Vauxhall.

Ferrari 612 Scaglietti 60th Anniversary (2007): first official pictures

By Jack Carfrae First Official Pictures 30 January 2007 11:35 Ferrari 612 Scaglietti 60th Anniversary: the lowdown This week marks the beginning of Ferrari’s extravagant 60th anniversary celebrations – and they’re led by that rarest of things: a Ferrari special edition. Between kicking off a cross-continental marathon and announcing a Ferrari theme park, Maranello has unveiled plans to produce a limited run of 60 unique versions of the 612 Scaglietti. Each car will commemorate the 60 most significant events in the history of the company, ranging from F1 World Championship wins to the launch of milestone models such as the F40 and Enzo.

Concours d'LeMons: Living a different kind of automotive lifestyle

The “winner” was perhaps the worst car I'd ever seen. The 1980 French KV Mini looked like something made in a backyard by a 10-year-old. This thing was not going to pass government standards in any country in the world.