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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.

1961 Jaguar E-Type ‘Barn Find’ sells for £110k

Rarity is all in the classic car world, which is one of the reasons why the early, pre-Fiat Ferraris command huge prices (there were only 33 Series 1 Ferrari 250 GTOs built and you would now have to pay north of $40 million for one) and why the E-Type – glorious and desirable though it is – commands a fraction of that. In fact, you can pick up a very decent E-Type in good condition for as little as £50k, and even E-Types that have been fully restored and with low mileage don’t often break the £100k barrier. So why has this tatty 1961 flat-floor E-Type sold for £119,020 at Bonhams auction at the RAF Museum in Hendon?

Mercedes E-class facelift (2013): first official pictures

The four-eyed Mercedes E-class is dead. Ushered in with this facelifted-for-2013 version of the executive express stalwart are refreshed looks, better engines and new safety systems. Mercedes claims the new E-class is the cleanest in the executive class, and that much of the car's gadgetry will also be seen on the upcoming S-class limo. Talk me through the 2013 Mercedes E-class facelift Up front, the most noticeable change is the switch from E-class trademark quad headlights to one-piece clusters festooned with LED trinketry.