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GM board will again delay decision on Opel's future, report says

General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.

Call to pass on petrol price cuts

THE AA has joined calls for retailers to pass on a fall in the wholesale price of petrol to motorists. Pump prices have "barely budged" from the late summer high of just over 138p a litre despite a 2p-a-litre fall in the wholesale price of petrol a fortnight ago and a further 3p drop last week, according to the latest AA Fuel Price Report. Petrol averaged 132p at the start of the year, "and this is where it should be heading if the wholesale price collapse persists", the report said.

Skoda MissionL Concept revealed – the Skoda Lauretta, perhaps?

Skoda MissionL Concept - destined to be the Skoda Lauretta Skoda is on a mission to push its sales through the roof in the next year or seven – aiming for 1.5 million sales, no less, by 2018 –  and part of that strategy is to fill the gap in its range between the Fabia and Octavia. So it’s a good thing the Skoda MissionL Concept fits the bill. Not that we have a great deal to go on with the MissionL Concept, as all Skoda have done so far is send us a short press release and the teaser photo above (which was a lot darker until we sent it through Photoshop).