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Fiat, Magna, investment firm are three finalists to buy Opel

Italian automaker Fiat, Canadian parts maker Magna International and Belgian investment firm RHJ International look to be the final three bidders for General Motors' Opel subsidiary. Fiat has confirmed that it put in a bid for Opel. Final bids for Opel were due Wednesday evening.

New Corsa first of 27 new Vauxhalls and Opels in four years

By Tim Pollard Motor Industry 04 June 2014 13:35 Opel and Vauxhall are preparing a barrage of 27 new models and 17 new engines in the next four years in a bid to stop the slide and return to profitability, the chief executive pledged today. Karl-Thomas Neumann said he hoped to increase its European market share to 8% by 2022, from the current 5.8%, by focusing on small cars and using the global reach of the GM family and its technology. If successful, that would mean becoming the second best-selling brand here.

Daihatsu Pico

The second of Daihatsu's entourage of models is the Pico. Following the layout of a two-seat quadricycle, laid out by the Twizy, the Pico has been developed as a vehicle ‘offering the appeal that only a compact car can provide to accommodate social and environmental changes such as the aging population, regional locations and delivery businesses'. The Pico features an LED central belt that circles the vehicle, relaying information such as the Pico's speed to pedestrians and other road users.