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GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.

Jaguar F-Type to get V8 engine option

The Jaguar F-Type will get a V8 powerplant in addition to a supercharged V6 when it launches in 2013, Autoweek has learned. The much-anticipated two-seat sports car was confirmed in April at the New York auto show. Jaguar then elaborated weeks later at the Beijing motor show that the F-Type would get a supercharged 3.0-liter V6 pushing out 380 hp.

Maserati sedan spied near Modena

Maserati has confirmed its upcoming sedan will be called the Ghibli, and a heavily covered four-door model has been captured near Modena, Italy. Is this the purported E-segment sedan that could spell sales volume and an extension of the Maserati brand? We hear the prototype appeared to be smaller than the Quattroporte and with a different interior.