Get ready for the New GM

Unless there is some sort of major, unforeseen hiccup, the sale of General Motors' assets--creating a new company--is expected to close Friday. The new GM will be 60.8 percent owned by the U.S. Treasury.

VW Beetle GSR: Price from £24,900

The Beetle GSR is a homage to the Yellow-Black Racer Beetle from the 1970s (GSR stands for Gelb Schwarzer Renner – which means Yellow-Black Racer) which featured a similar paint job, boosted power (a whole 49bhp) and was also limited to 3,500 units. But the 2013 version of the Beetle GSR does at least offer much more get up and go than the 1970s GSR managed. That means the GSR comes with VW’s 2.0 litre turbo with 207bhp which is enough to get the yellow Bug to 62mph in 7.3 seconds on its way top 142mph, and is the same power output all Beetles with the 2.0 litre TSI will get from May 1st (up from 197bhp).

Chrysler recalls minivans for airbag fix

The Chrysler Group is recalling about 300,000 Chrysler Town & Country and Dodge Grand Caravan minivans to fix airbags that might deploy without warning. The recall covers vans built for the 2008 model year. Chrysler says water could leak into the airbag controller from a faulty drain grommet in the ventilation system.