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Opel not for sale, GM exec says

General Motors Vice Chairman Steve Girsky says Opel is not for sale. "We're developing plans to make Opel work," he said at the Automotive News World Congress on Tuesday. Opel and PSA/Peugeot-Citroen were mentioned as possible targets of Fiat-Chrysler CEO Sergio Marchionne, who said on Monday he may seek to combine his company with another automaker to increase efficiencies and cut development costs.

Historic Celebration On Track For Bumper Year

SUMMER might be a distant dream but the organisers of this July's Silverstone Classic historic race meeting already have a reason to be cheerful. This year marks a milestone for the event, as a record 84 motor clubs have already signed up to attend. According to event management, this number beats the grand total of 77 clubs who attended the 2013 event.

Toyota proposing $1.1 billion unintended acceleration settlement in US

Toyota are setting aside an additional $1.1 billion to settle claims in the US of unintended acceleration in their cars. In the ongoing saga of unintended acceleration in the US caused by floor mats, Toyota has revealed it is to set aside an additional $1.1 billion to settle claims and fit new equipment to cars affected by the floor mat problem. Toyota are going to install a brake override system in 3.25 million vehicles, set aside $250 million to compensate owners who have already sold their cars, another $250 million for affected owners whose cars can’t get the brake override system, throw in a care plan  for parts related to unintended acceleration and throw $30 million at research in to car safety.