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Rolls-Royce confirms new Wraith coupé for Geneva

Rolls-Royce will launch its new Wraith coupé model at this year's Geneva motor show, thought to be a dramatic fastback based on the Ghost. The carmaker's CEO, Torsten Müller-Ötvös, announced the news this morning at the company's World Dealer Conference in London, claiming that the Wraith will have "the boldest design, the most dramatic performance" and be the most powerful model yet. The Wraith will shape the future of Rolls-Royce and build on the success of Ghost and Phantom.

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.

2011 Ford F-150 powertrain lineup overhauled

WITH VIDEO -- A V6 in America's best-selling pickup? Ford enthusiasts know there has been a six-cylinder engine available in F-Series pickups most years since the truck's debut in 1948. But never has so much combustion efficiency been seen in any of them until now.