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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.

Meet the Porsche Macan small SUV

The small Porsche SUV that goes on sale about 18 months will wear the Macan nameplate, the German automaker said on Thursday. Until now, the SUV project had been known by the code name Cajun, created from the concept of “Cayenne Junior.” Porsche says Macan is “derived from the Indonesian word for tiger and combines suppleness, power, fascination and dynamics.” The Porsche Macan will share a platform with the Audi Q5 and will be built at the Porsche plant in Leipzig, Germany, that now builds the Cayenne. Porsche is spending $650 million to expand the Leipzig plant, adding a body shop and a paint shop.

Porsche Panamera Custom Options

Porsche has launched a range of customisation options for the Panamera The emphasis is on the quality of the customised features, and include leather, wood, carbon and aluminium. You can opt for the louvres on the air vents, the sun visors, the interior mirror, the trim cover on the steering column and the seat console front and rear, all in top-grade leather. You can have the Yachting Mahogany Interior Package with trim panels on the dashboard and the doors as well as trim covers on the centre console.