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VW and Chinese ‘in talks to buy Vauxhall/Opel’ from GM

GM is considering selling its loss-making European operations, it emerged tonight. If it goes ahead and severs ties with GM Europe, the General would cede control of Vauxhall and Opel, the second biggest car brand in the UK.And in another extraordinary twist, CAR has confirmed that top-level talks have been taking place between Volkswagen and the German government, which is keen to avoid Opel falling into foreign hands. Chinese car makers are circling but Chancellor Angela Merkel, who has close connections to Volkswagen chief Martin Winterkorn, would prefer VW to step up to the plate as a potential buyer than a Chinese brand.

Get ready for the New GM

Unless there is some sort of major, unforeseen hiccup, the sale of General Motors' assets--creating a new company--is expected to close Friday. The new GM will be 60.8 percent owned by the U.S. Treasury.

Renault Twin’Z Concept previews 2014 Renault Twingo

The Renault Twin’Z Concept, designed by British designer Ross Lovegrove, is an electric city car previewing the 2014 Renault Twingo. The Renault Twin’Z Concept is a small, just 3623mm long, urban runaround with a small electric motor good for 67bhp and 167lb/ft of torque  and weighing in at 980kg, complete with a fairly sophisticated double wishbone suspension and relatively long wheelbase with a wheel at each corner stance. The Twin’Z is very much a concept car - designed by British designer Ross Lovegrove – and comes complete with the usual concept fripperies like electric suicide doors, cameras instead of rear view mirrors, sweeping LED lights, a solid crystal rear spoiler and big, complicated alloys.