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GM cancels Opel Vauxhall sale to Magna

By Tim Pollard Motor Industry 03 November 2009 22:59 General Motors tonight surprised the world by pulling its proposed sale of its European division – Opel and Vauxhall – to Magna. In a dramatic U-turn, Detroit said 'an improving business environment for GM over the past few months' had made it reappraise its spin-off plans.The 11th hour switch means that GM will still retain full ownership of Opel and Vauxhall, which will now 'be restructured in earnest'. Canadian parts giant Magna had won the race to buy a controlling stake in GM Europe, as a newly relaunched Detroit sought to shore up its finances.

Audi A3 1.6TDI announced

The Audi A3 1.6TDI - one of a range of A3s featuring the new 1.6 litre diesel from Audi Audi has announced that they are introducing a new 1.6 litre common rail diesel engine across the A3 range, which will oust the old A3 1.9TDIe and the A3 and Cabriolet 1.9 TDI. The new engine offers the same 104bhp as the old 1.9 litre unit, but manages to improve economy by over 8% to 68.9mpg and cuts CO2 to 109g/km. The new A3 gets stop-start and energy regeneration to achieve the same performance and power from the smaller engine.

New Mercedes-Benz SUV coupe for Beijing

Mercedes-Benz Mercedes-Benz has teased its answer to the BMW X6 ahead of its unveiling at the 2014 Beijing Motor Show. The coupe SUV – which is likely to be called the MLC – will be based on the ML and shown at Beijing in concept form, before a production vehicle is revealed next year. Like the X6, the Mercedes-Benz concept coupe SUV features a rakish rear roofline and is likely to divide opinion among buyers.