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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.

Mazda Furai concept burns in Top Gear's hands

It's the 20th anniversary of Top Gear -- the magazine anyway -- and as it celebrates its 20th anniversary, the magazine has copped to the destruction of the Mazda Furai concept, which caught on fire while in its possession an unspecified length of time ago. "The 20th anniversary collectors" edition of BBC Top Gear magazine…reveals a host of until-now untold secrets," says a statement from the magazine's publisher, "including the truth behind the mysterious disappearance of Mazda's astonishing Furai concept (hint: it involves the East Anglia fire service)." Well, that sucks. Look at that picture above!

Detroit will be back, Schwarzenegger tells SAE conference

Borrowing his most famous movie line, California Gov. Arnold Schwarzenegger stepped into the heart of the domestic car industry today, declaring that the Detroit automakers will recover from the economic crisis. "Yes, they're wiped out.