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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.

Top 12 consumer car debuts at 2012 U.S. auto shows

The 2012 calendar year brought a lot of excitement in the automotive industry. Sales numbers show a gradual recovery, and pending federal fuel-efficiency requirements have fueled a slew of mainstream green technologies that don't dampen driving dynamics. Among the glitz of auto shows, some of our most memorable reveals from the year include such high-profile machines as the 2013 SRT Viper and Acura NSX concept.

Lotus has a PR meltdown on Facebook

Lotus Facebook PR Lotus has responded to the rumours flying around about their possible demise by posting a PR statement on Facebook. Badly. Earlier today we addressed the rumours flying around about Lotus – which range from administration to takeover via the disappearance of CEO Dany Bahar.