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GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.

Ferrari Approved

By Stephen Dobie Motoring Issues 16 January 2008 18:45 Buying a Ferrari – if you have the money not exactly a method of torture in the first place – has just improved. Second-hand models sold through Ferrari UK’s 15-strong dealer network are set to be backed up by Ferrari Approved, a scheme adding some piece of mind to anyone buying a car up to nine years old. Aiming to sidestep the stereotype of unreliable Italian cars, it means the average 900 pre-owned supercars Ferrari UK dealers sells each year are intended to be as good as new.

Ferrari offers winter-driving school in Aspen

Planning a winter getaway to Aspen? Ferrari has something that promises to direct-inject your sabbatical. The first Ferrari driving school to tackle snow and ice in the United States launches in Colorado in January and will roll into the early spring.