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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.

1967 Ford Mustang convertible body added to parts catalog

Fans of the 1967 Ford Mustang convertible don't have to wait until they find one stashed in a barn or hiding in a used-car lot to live the dream--they can build one. Ford has added the body shell of the '67 Mustang convertible to its catalog of licensed restoration parts. It is the fourth classic Mustang body to be offered by Ford.

BMW M5 manual mess-up

By Chris chilton Motor Industry 27 January 2007 01:34 North American customers were delighted when BMW bowed to their demands for a full three-pedal manual version of the current V10 M5 super saloon, but aren’t quiet so enamoured with the finished product. The issue is not with the gearbox itself – BMW successfully replaced the European model’s seven-speed SMG box with the old-shape M5’s six-speed manual – but with the compromises that were needed to get there. Without the benefit of computer control for the opening and closing of the clutch plates, M division’s engineers couldn’t eliminate axle tramp under hard take-offs.