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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.

Mini Countryman John Cooper Works edition revealed prior to Geneva show

Mini has revealed the new Mini Countryman John Cooper Works edition, which comes with all-wheel drive and an improved engine making 211 hp. It debuted on Tuesday ahead of its live reveal next week at the Geneva motor show. The Countryman JCW edition will be the first of the performance Minis to offer an automatic transmission in place of the standard six-speed.

Bahrain Grand Prix Cancelled – revealed on Twitter

2011 Bahrain Grand Prix Cancelled Bernie Ecclestone said the cancellation or not of this season’s F1 opener in Bahrain would be down to Crown Prince Salman bin Hamad bin Isa Al Khalifa who was in the best place to judge. But it was actually the Bahrain State’s Information Affairs Authority who made the announcement this afternoon that this year’s Bahrain Grand Prix – due to be staged at the Bahrain International Circuit on March 13th – would not go ahead. The announcement said that “Bahrain’s priority is on overcoming tragedy, healing divisions, and rediscovering the fabric that draws this country together.” Which seems a great deal more important than a bunch of rich guys driving round in circles for the world’s entertainment.