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MG exploring sports car concepts, eyeing US return

MG Motor, now part of China's SAIC along with Rover Group successor Roewe, is considering a sports car in addition to long-term plans for a return to the U.S. market, according to Edmunds. The company is in the early stages of exploratory work on a sports car following the opening of a new design studio in Shanghai, a sports car that is expected to mirror the classic MGB mold, if it is determined that today's MG could in fact field a worthy competitor to the Miata.

GM cancels Opel Vauxhall sale to Magna

By Tim Pollard Motor Industry 03 November 2009 22:59 General Motors tonight surprised the world by pulling its proposed sale of its European division – Opel and Vauxhall – to Magna. In a dramatic U-turn, Detroit said 'an improving business environment for GM over the past few months' had made it reappraise its spin-off plans.The 11th hour switch means that GM will still retain full ownership of Opel and Vauxhall, which will now 'be restructured in earnest'. Canadian parts giant Magna had won the race to buy a controlling stake in GM Europe, as a newly relaunched Detroit sought to shore up its finances.

Volkswagen builds 30 millionth Golf (2013)

VW has built its 30 millionth Golf. The milestone car, a Mk7 TDI Bluemotion model, rolled off the Wolfsburg production line today (14 June 2013) and will be displayed at the factory’s open day to celebrate. On average, 2000 Golfs have been sold worldwide every day since its 1974, according to VW’s maths. Over the past 39 years there have been seven generations of Golf, from the Giugiaro-styled original right up to today’s range, which offers 227bhp in GTI Performance form, or 88mpg in the case of the Bluemotion.