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Corvette and Silverado win North American Car and Truck/Utility of the Year

Chevrolet kicked off the first press day of the 2014 Detroit Auto Show by taking home awards for the North American Car and Truck/Utility of the Year. The Bowtie brand swept both awards with the new 2014 Corvette Stingray and the Chevrolet Silverado. If the news sounds familiar, it's because the same two vehicles won our Best of the Best/Car and /Truck award just last month.

German courts rule Prym Mercedes 500 K Roadster belongs to heirs

A very rare 1935 Mercedes 500 K Roadster owned by Dutch collector Frans van Haren has been declared the property of the heirs of the car’s first owners. When Frans van Haren, a Dutch car collector, bought a rare 1935 Mercedes 500 K Roadster at RM Auctions Montery sale last year he knew there was no declared history prior to 1970. Even so, he paid almost $4 million for the car.

GM reportedly set to sign deal on Thursday to sell Opel

General Motors Co. likely will sign a deal on Thursday to sell a majority stake in Opel to a group led by Magna International Inc., German news agencies reported, citing sources close to the negotiations. GM agreed on September 10 to sell 55 percent of Opel to Canadian supplier Magna and its Russian partner Sberbank, but the deal stumbled amid labor union demands for a veto on factory closures and concern in the UK and Spain that 4.5 billion euros ($6.7 billion) in aid pledged by the German government for restructuring Opel favored the carmaker's German factories.