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GM board will again delay decision on Opel's future, report says

General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.

Paul Walker talks about the Lexus LFA

Our friends at Lexus, spurred by our reminiscing, sent us this interview conducted with Paul Walker when he drove the Lexus LFA at Willow Springs earlier this year. It hasn't yet been released on Lexus' official channels, and we would be remiss not to share it. He loved the car.

Video: Corvette ZR1's record Nurburgring lap

By Ben Pulman Motor Industry 16 July 2008 09:00 With a supercharged 6.2-litre V8 pumping out 620bhp and 607lb ft and only needing to push 1519kg, the Corvette ZR1 was never being to be slow. But few people outside of General Motors could have expected the ZR1 to lap the Nurburgring faster than a Nissan GT-R. Well, the ZR1 has just blitzed the GT-R’s time by nearly four seconds, clocking a 7:26.4 lap time.