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Fiat, Magna, investment firm are three finalists to buy Opel

Italian automaker Fiat, Canadian parts maker Magna International and Belgian investment firm RHJ International look to be the final three bidders for General Motors' Opel subsidiary. Fiat has confirmed that it put in a bid for Opel. Final bids for Opel were due Wednesday evening.

Mini Clubvan announced, hipsters rejoice

Mini is getting into the commercial space with the Clubvan, which has two seats, five doors and a flat floor for easy loading. Mini says the van is designed for both business and leisure cargo carrying. When the U.S.-bound Mini Clubvan arrives this fall, it will use the company's base engine for power, which means 121 hp from a 1.6-liter engine.

Computer gamer headed for Formula 1

THE WINNER of a computer game competition is now headed for the real world of Formula One with World Champion Sebastian Vettel’s Infiniti Red Bull racing team. Jann Mardenborough won Nissan’s competition to find a new racing driver by beating his rivals on a racing simulator game. His prize was a seat in a variety of racing cars since his victory in 2011 and now he will race in the GP3 series, which is the recognised route to Formula One.