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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.

Report Claims Pothole Repair Blackhole Is £12bn

FIGURES from the Asphalt Industry Alliance (AIA) have revealed the extent of the nation’s pothole crisis, with a report claiming the "catch-up" cost of getting roads back into reasonable a condition has soared to £12 billion. The total is an increase on the £10.5 billion figure reported last year, and remains high despite more than two million potholes being filled in England and Wales over the last 12 months. This was despite a 20% decrease in the shortfall in annual road maintenance budgets reported by local authorities, with the shortfall reducing from an average of £6.2 million to £5.1 million per authority in England.

Jaguar: 0-75 years in under 4 minutes

Jaguar are celebrating their 75th Anniversary in 2010 If Jaguar had reached the milestone of 75 years of car making even five years ago, playing the ‘History’ card would have been a dangerous game. The perception then was that Jaguar were living on former glories and their cars were stuck in the past. After all, the XJ looked to many as if it had changed little in almost forty years (although it was very comtemporary under the skin) and the S-Type looked even older.