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GM cancels Opel Vauxhall sale to Magna

By Tim Pollard Motor Industry 03 November 2009 22:59 General Motors tonight surprised the world by pulling its proposed sale of its European division – Opel and Vauxhall – to Magna. In a dramatic U-turn, Detroit said 'an improving business environment for GM over the past few months' had made it reappraise its spin-off plans.The 11th hour switch means that GM will still retain full ownership of Opel and Vauxhall, which will now 'be restructured in earnest'. Canadian parts giant Magna had won the race to buy a controlling stake in GM Europe, as a newly relaunched Detroit sought to shore up its finances.

Mazda3 MPS and i-stop to launch at Geneva

With a new model of the Mazda3 released at Bologna, Mazda has now added more to the range with the announcement that the Mazda3 MPS and i-stop will be launched at Geneva in March. The Mazda3 MPS is the ‘Hot Hatch’ version  of the Mazda3. Aggressive styling, including a big air scoop at the front, new grill trim and front fogs, a big spoiler at the back and twin exhausts, leave you in no doubt that the MPS means business.

Lexus CT 200h – the Lexus LF-Ch concept that was

The Lexus CT 200h will debut at Geneva next month Update: 26th Feb: Lexus has now done the full Geneva reveal of the Lexus CT 200h Lexus did threaten when they brought the LF-Ch concept to the Frankfurt Motor Show in all its goldness that the future for Lexus was hybrids. And despite the less than universal praise the LF-Ch concept received for its looks ‘only a mother could love’ we’re going to get the production version at Geneva next month – the Lexus CT 200h. Lexus are calling the CT 200h “…the first full hybrid vehicle in the premium compact segment” and want us to think of the CT 200h as a big car with all the luxuries you would expect, but in a smaller package and kind to fluffy bunnies.