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Radical SR8LM Nurburgring Record – The Video

Video of the Radical SR8LM Nurburgring Record Below Back in August we reported that the Radical SR8LM had taken the Nurburgring record for a production car, just a week after Gumpert had claimed the record for themselves. Not that it was the first time Radical had held the record. They achieved a time of 6:55 in 2005 with the Radical SR8, but this time was 7 seconds faster that that at 6:48.

The fall and rise of the budget car

Twenty years ago, the classic bargain brands like Lada seemed to be going the same way as the Soviet empire that spawned them. Woefully dated and badly made, only a weirdo would have bought a new Lada rather than a second-hand model from Ford, Vauxhall or VW. However, one of the big trends in the car industry today is the re-emergence of bargain cars.

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.