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.

Wörthersee Tour 2011

The annual Wörthersee Tour meeting saw the VW Group wheel out a larger than usual selection of concepts to appease the flocks of GTi devotees who made the pilgrimage across to Austria for Europe’s largest VW Festival. Now in its 30th year, the Wörtherseetour meeting brings together lovers of all VW Group models. We take a look at what the OEMs offered their fans: Volkswagen Volkswagen saw fit to unveil two sporting variations of the new Golf cabriolet model.

Refreshed 2014 Chevrolet Malibu arrives

Just a bit more than a year after launching the 2013 Malibu, Chevrolet took the wraps off its revised 2014 Malibu, saying the car is roomier (1.25 extra inches in the rear seat), more refined and more efficient than the outgoing model. The car gets a fresh face, revised interior, and a new 2.5-liter four standard. The 2.5-liter I-4 is direct injected and has variable valve lift control and start/stop for 196 hp and 186 lb-ft of torque.