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Magna gets Vauxhall and Opel

Canadian parts maker Magna takes control of Opel and Vauxhall The German Government is to supply funding of €1.5 billion to help the new Opel/Vauxhall operation to finance the transition. The news hasn’t come a moment too soon, as the US Government had given GM only until Monday to resolve the issue before the likely bankruptcy of GM. The Opel/Vauxhall operation will now be ring-fenced from the insolvency of its former parent in the US and will become ana entity in its own right.

Chevy, Buick-GMC bosses out at GM

The brand heads of Buick-GMC and Chevrolet are leaving General Motors Co., continuing a management upheaval sparked by the Dec. 1 ouster of CEO Fritz Henderson. Buick-GMC head Michael Richards, who left Ford Motor Co.

Opel Corsa

Opel has released pictures of the new Corsa, which will make its debut in July at the British Motor Show. Sharing its platform with the Fiat Grande Punto, styling is closer to the larger Astra with dynamic cab-forward proportions. Aided by the strong chin, an additional pane in the side-glass also enables a more forward-reaching profile - as chief designer Niels Loeb said "this is just what we wanted the coupe-like three-door Corsa to be." Inside, the IP neatly evolves themes from the outgoing model, with cues also shared with the new Antara SUV.