Volvo Penta Omc Cobra Sx Sterndrive Outdrive Upper Unit Gear Case 1.43 1.51 1.60 on 2040-parts.com

Newsflash: Magna 'agrees to buy GM Europe': latest news

Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.

Renault Megane CC (2010) Teased

Renault are teasing the 2010 Megane CC ahead of a launch at Geneva in March We’ve got used over the last few years to car makers milking the launch of every new model, update, trim change and engine mod with a few judiciously ’Arty’ teaser photos to whet the appetites of prepect buyers. Although in truth they’re really providing stories for online news. We’re always hungry for stories and car makers know that.

Are the Mini Coupe and Roadster on their way out?

The slow-selling Mini Coupe and Roadster could be replaced by an all new sports model soon, Australian site CarSales is reporting. The pair haven't fired up the Mini faithful as some other recent models from the brand, and a refreshed Mini lineup is on the horizon including 18 new cars based on Mini's two platforms. Knowing Mini's ability to spin off models, that number doesn't sound too far-fetched.