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GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.

Chris Evans buys Ferrari 250 GT California for £5m

By Tim Pollard Motor Shows 19 May 2008 10:36 The ginger motormouth is a well known fan of scarlet sports cars, but even we were surprised when UK broadcaster Chris Evans splashed out £5 million on an immaculate 1961 Ferrari 250 GT SWB California Spyder. Evans blew €7,040,000 on the black sports car, the thirteenth of just 56 built. It was the inspiration for Ferrari's latest 2+2 GT, the new California unveiled in May 2008.The car was sold at this weekend's second annual Ferrari Leggenda e Passione event at Maranello, the specialist auction of all things Ferrari and Maserati.

Get a new '32 Ford 5-window coupe

Looking for a 1932 Ford 5-window coupe body? Ford Component Sales has thousands of period-correct reproductions, and the latest addition is a 5-window coupe. The coupe debuted for the first time at the 2013 SEMA show, being produced by United Pacific Industries.