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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.

2015 Ford Mustang spotted testing

Well, we've seen some images of the new Mustang out testing. We can say definitively that it's got four wheels and a longish hood. We decided not to buy the photos because with all the black cladding, it may as well be an R34 Skyline with aftermarket headlights.

50,000 new drivers lose licence within two years

Under current legislation, any new driver who receives six (or more) penalty points within two years of passing their test automatically has their licence revoked. Swiftcover.com has been sifting through the official data, and found that almost 50,000 new drivers have been banned in this fashion in the last four years. On Bing: see pictures of new drivers Find out how much a first car costs on Auto Trader The data, which comes from the Drive and Vehicle Licencing Agency (DVLA), reveals that 48,983 drivers have had their licence revoked under the 1995 Road Traffic (New Drivers) Act since 2009.