Yamaha Snowmobile Passenger Handle 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.

Volkswagen shows off new 1.8-liter engine for Jetta, Passat, and Beetle

Volkswagen is rolling out a new 1.8-liter turbocharged and direct-injected TSI engine which will debut in the Jetta, Beetle, and Passat later this year. This thrifty new engine will replace the 2.5-liter five-cylinder engine now available in those models. But the 1.8-liter is no slouch: it produces the same 170 hp as the outgoing five-cylinder engine, while adding 7 lb-ft torque for a total of 184.

AutoWeek Fantasy Camp: Follow along with the fun this weekend

The 2011 AW/ZF Fantasy Camp starts this Friday, May 13, then hits the track Saturday. Be sure to check autoweek.com and our special Fantasy Camp page to see what our participants think of this year's crop of performance vehicles. They'll get on-track experience plus breakout sessions that cover ride, handling and performance.