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Early-build Ford GTs to cross the block at summer auctions

Their ancestors triumphed at Le Mans, and now two of the modern versions of the Ford GT are aiming for lofty finishes at summer auctions. The sixth and seventh Ford GTs built will cross the block at the Meadow Brook and Pebble Beach concours. And these are rare cars.

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.

Tokyo Auto Salon 2012: Video

The three-day Tokyo Auto Salon held every January is the equivalent of the SEMA show in the United States. Luke Huxham and his friends over at eGarage.com put together a colorful and varied display of the 2012 show in this video. From static displays, D1 drift exhibitions and the famed Tokyo Auto Salon models, the video gives you a feel for what is going on in Japan in the drift and aftermarket-tuning arenas.