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Reports that General Motors will sell Opel dismissed as 'nonsense'

German press reports that General Motors Co. is putting its European unit Opel/Vauxhall up for sale were dismissed as speculation by the division and as "nonsense" by a German state with an Opel factory. The magazines Auto Bild and Spiegel reported that GM is considering putting Opel up for sale as management is losing confidence that its European arm will return to profitability.

Tesla EV stores could be banned in New Jersey

New Jersey has become the third U.S. state to halt the sales of Tesla cars sold directly through Tesla from company-owned outlet stores. New Jersey follows in the steps of Arizona and Texas in implementing a rule that would ban Tesla from operating its stores, which are alleged to violate state dealer-franchise laws mandating vehicles sales through third-party dealerships.

Cadillac ATS to get turbo power

Cadillac has given us a sneak peek at the engine lineup that will power the 2013 ATS sedan set to bow in January at the Detroit auto show. The spotlight powerplant is a 2.0-liter turbocharged four-cylinder making 270 hp and 260 lb-ft of torque. It uses a twin-scroll setup for a broad torque range.