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GM cancels Opel Vauxhall sale to Magna

By Tim Pollard Motor Industry 03 November 2009 22:59 General Motors tonight surprised the world by pulling its proposed sale of its European division – Opel and Vauxhall – to Magna. In a dramatic U-turn, Detroit said 'an improving business environment for GM over the past few months' had made it reappraise its spin-off plans.The 11th hour switch means that GM will still retain full ownership of Opel and Vauxhall, which will now 'be restructured in earnest'. Canadian parts giant Magna had won the race to buy a controlling stake in GM Europe, as a newly relaunched Detroit sought to shore up its finances.

Audi A1 S line Style Edition adds value to S Line

The Audi A1 S line Style Edition (pictured) joins the A1 range Audi, as we know, likes to fill every niche it can with new car product, and it also loves to fill in any gap it perceives in its model trim lineup. So the bean counters at Audi have decided that there’s a hole in the A1 range for a car that’s a bit better equipped than an A1 S Line, but not quite as good as the A1 Black Edition. So say hello to the Audi A1 S line Style Edition.

Renault working on 141mpg plug-in hybrid concept

Renault is working on a 141mpg plug-in hybrid concept car to be shown at the 2014 Paris Motor Show, according to Renault head of research, advanced studies and materials, Remi Bastien. Speaking to at Renault’s ‘Innovations’ event last year – showcasing the French manufacturer’s new technology that will underpin its next-generation models – Bastien revealed the new car will make its debut in 2014. On Bing: see pictures of Renaults Find out how much a used Renault costs on Auto Trader This means the ‘2l/100km’ concept car will likely make its first public appearance at Renault’s home Paris Motor Show in October, debuting experimental technology that could later filter down to other models in the Renault range.