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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.

Prodive’s David Richards looks at Honda F1

It was a real surprise that Honda decided to pull out of F1 for 2009. True, they haven’t yet seen the sort of success that their efforts, and money, should have yielded, but they have a superb product and, more importantly, potentially one of the best set-ups in F1 led by the best of the best, Ross Braun, who was pretty much responsible for the renaissance at Ferrari and Michael Shumacher’s domination of the sport. But there could well be a light at the end of the tunnel for the Honda F1 Team.

SsangYong Korando CSX Commercial: It’s a van – sort of

SsangYong are continuing their Korando offensive with the Korando CSX Commercial, a van based on the Korando. The Ssangyong Korando is a decent effort to take on cars like the Hyundai ix35 and Ford Kuga, and now they’re having a punt at turning the Korando in to a ‘van’. But they haven’t exactly gone overboard with the detail and appear to have simply removed the back seats and painted out the back windows so no one can see what you’re carrying.