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Subaru XV concept preview

The XV crossover os another new car from Subaru, this time set to debut at Shanghai auto show. As with the all-new Impreza, Subaru is being tight lipped on details of the car. However, from what little information is available, it appears that the XV is a small 'lifestyle' crossover, in the ilk of the Ford Kuga.

Used-car shoppers should watch out for potential flood damage

Heavy spring rains swelled rivers such as the Mississippi and flooded numerous towns. You might have stayed dry, but there's still a risk of being affected--if you wind up with a flood-damaged car. Large sections of the Midwest and the Southeast flooded because of heavy winter snow and an especially wet spring.

GM wants to wrap up Opel sale quickly

General Motors is anxious to wrap up the sale of Opel, a top executive said Tuesday. The bidding has been narrowed to Canadian auto parts conglomerate Magna--which is favored by the German government--and Belgian investors RHJ International. "I think everyone is anxious to get this thing done," GM CFO Ray Young said, according to Automotive News.