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GM begins clearance sale for Hummer

General Motors is shutting down the Hummer brand for good, taking the last of its four discarded U.S. brands off the market. GM had said it would consider offers to buy Hummer after a deal to sell the brand to Sichuan Tengzhong Heavy Industrial Machinery failed to receive Chinese government approval in February.

Redesigned Opel Astra revealed ahead of Frankfurt rollout

Opel, General Motors' financially embattled European subsidiary, has ripped the covers from its sixth-generation Astra ahead of the car's planned debut at the Frankfurt motor show in September. The five-door hatchback traditionally is one of Europe's best-selling models and originally was expected to play an important role in the Saturn lineup in the United States. Under GM's pared-down lineup, the Astra's Delta 2 chassis is likely provide the underpinnings for a small Buick, initially in China, and then in the United States, depending on market conditions.

2012 Hyundai Genesis R-Spec sedan to start at $47,350

An eight-speed transmission, a 5.0-liter V8 and 429 hp--if you guessed Audi, Mercedes-Benz or BMW, you'd be wrong. Does a sticker price of $47,350 with shipping costs give it away? That's the cost of the 2012 Hyundai Genesis R-Spec, which is on sale now.