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GM axes deal with Peugeot Citroen: how it helps Vauxhall

Wolfgang Rattay, Newscom, RTR Strange as it sounds, the sale of GM’s 7% share it only just bought in Peugeot is good news for Vauxhall buyers. The reason is that it is the last stage of GM’s plan to improve the plight of Opel and Vauxhall by getting rid of all the distractions and focusing on improving the cars and the marketing. The Peugeot move has to be seen in the context of GM pulling Chevrolet out of Europe only a few weeks ago.

Dealer's belief in Porsche led to $5 million store

Car dealer Jack Daniels IV is used to seeing the grins on people's faces when they hear his name. And he's OK with it. "People have said, 'It's my favorite drink, so I thought I'd buy a car from you,' " says Daniels, who in April opened the largest Porsche dealership in America.

Renault looking to 'relaunch the 5 below Clio'

Spurred on by the success of BMW's Mini, Fiat's 500 and VW's Beetle, Renault is actively considering the relaunch of the 5 to slot below the Clio, CAR has learned. However, a new Renault 5 would not be a retro car, according to senior sources in Paris. 'We have no retro cars in our plan,' said our mole.