1982 Honda Xl 250 R Battery Holder on 2040-parts.com

General Motors board recommends selling Opel to Magna-led group

General Motors Co.'s board has decided to support selling a majority stake in Opel to a group led by Canadian auto parts giant Magna. The move caps weeks of high-stakes maneuvering on both sides of the Atlantic that saw nationalism, labor issues and--perhaps most critical to GM, the use of its technology--all come into play. Magna and Russian lender Sberbank will get a 55 percent interest in Opel, the linchpin of GM's European operations for 80 years, as well as its British sister brand Vauxhall.

SEAT SUV confirmed for 2016

SEAT Compact SUV gets a green light for 2016 (SEAT IBX Concept pictured) SEAT has been threatening to build a compact SUV for years, and back in 2011 it revealed the IBX Concept (pictured above) which was the SEAT take on the Audi Q3. Now, finally, it seems VW has signed-off on SEAT’s compact SUV and the new compact SUV will hit the market in 2016, hopefully giving SEAT’s poor sales a real boost. Expected to be based on the VW MQB platform, the SEAT SUV should enable SEAT to properly compete in Europe and tap in to a market that has grown by 40 per cent in the last few years whilst SEAT’s existing market for its cars has shrunk and been compromised by a weak economy in Europe where the vast majority of SEAT’s sales are made.

Ford recalls trucks to fix fuel-tank straps

Ford is recalling 1.1 million pickups to fix fuel-tank straps that can corrode and possibly break. The recall covers 1997-2003 Ford F-150s, F-250s and the Lincoln Blackwood pickup. The fuel-tank straps could corrode over time, leading to failure and the tank dropping to the pavement.