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General Motors board recommends selling Opel to Magna-led group

General Motors Co.'s board has decided to support selling a majority stake in Opel to a group led by Canadian auto parts giant Magna. The move caps weeks of high-stakes maneuvering on both sides of the Atlantic that saw nationalism, labor issues and--perhaps most critical to GM, the use of its technology--all come into play. Magna and Russian lender Sberbank will get a 55 percent interest in Opel, the linchpin of GM's European operations for 80 years, as well as its British sister brand Vauxhall.

Jaguar XK 2010/2011 Upgrades – Ultimate XKR Special Edition

The 2010 Jaguar XKR - with all the options With the Geneva Motor Show just two weeks away, Jaguar has decided to roll out some upgrades to the Jaguar XK range and take the XKR further in to Supercar territory with the addition of two new options – the Speed Pack and the Black Pack. The car Jaguar will be taking to Geneva has both the new option packs fitted and is being billed as the Ultimate Jaguar XKR Special Edition. The info from Jaguar is slightly confusing, as it looks as if US buyers can opt for the fully loaded ‘Jaguar XKR Special Edition’ but UK and European buyers will need to specify both the new Speed and Black packs on a standard XKR to achieve the same end.

Nissan Leaf Revealed – 3 more Electric Cars to come

The Nissan Leaf revealed at Tokyo Not surprisingly, Carlos Ghosn – Nissan’s boss – has revealed that Nissan are working on a range of electric cars to be released in the next few years. Considering Nissan partners with Renault, and Renault announced something similar at Frankfurt, it’s not a huge shock toi the system that yet another car maker is going to churn out a range of EVs. First up is the Leaf, with Nissan aiming to launch an electric version of their NV200 van later in 2010.