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Magna gets Vauxhall and Opel

Canadian parts maker Magna takes control of Opel and Vauxhall The German Government is to supply funding of €1.5 billion to help the new Opel/Vauxhall operation to finance the transition. The news hasn’t come a moment too soon, as the US Government had given GM only until Monday to resolve the issue before the likely bankruptcy of GM. The Opel/Vauxhall operation will now be ring-fenced from the insolvency of its former parent in the US and will become ana entity in its own right.

35,000 Toyotas recalled over safety concerns

A total of 35,124 Toyotas in the UK are being recalled following safety concerns over the airbag modules, seat rails and steering columns. Toyota Airbag could fail to go off Some 24,785 UK-registered Toyota RAV4 and Hilux models are being recalled following a possible issue with the spiral cable assembly in the airbag module. Due to the position of a retainer in the system, Toyota admits “there may be a risk when the steering wheel is turned of damage to certain circuits that provide connectivity to the airbag.” This would prevent the airbag from working in a crash, and would illuminate a warning light on the dashboard.

Schumacher being taken out of coma

MICHAEL SCHUMACHER is being slowly brought out of his induced coma but a leading neurosurgeon has warned it remains too soon to determine his long-term prognosis. Seven-times Formula One world champion Schumacher, 45, has spent the last month in the University of Grenoble hospital fighting for his life after sustaining brain injuries following a skiing accident in the resort of Meribel. Concern was growing as to whether he would ever make a recovery, or even wake again, but manager Sabine Kehm has now provided official confirmation that steps are under way to bring him out of his coma following the accident on December 29.