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Seven reasons why GM wants to keep Opel

General Motors Co. is considering reversing course and hanging on to Opel, and it is easy to figure out why. Keeping a foothold in Europe is vital for GM, and the company may be able to afford it.

Mercedes-Benz prepares CLC Shooting Brake

Mercedes-Benz boss Dieter Zetsche has given approval for a second Shooting Brake model to accompany the brand's eagerly awaited CLS Shooting Brake due out in 2012, according to German media reports. The new model is expected to go on sale in North America in 2014. It's based on the German carmaker's upcoming CLC--a four-door coupe that uses a new platform that will offer buyers a stylish but practical rival to the likes of the Audi A5 Sportback and the upcoming BMW 3-series GT.

India turns the screw on luxury car makers

Land Rover will still be sending CKD to India despite the rise in import duty India’s economy is growing almost exponentially, as a result of which it has a big, rising middle-class with much the same aspirations as the middle-class in the West. Those aspirations include the accumulation of status symbols considered worthy of representing their success and new wealth, none more so than a good set of wheels. So it’s no surprise that the mainstream luxury car makers – Jaguar, Land Rover, Mercedes, Audi and BMW – are ready, willing and able to provide exactly what India’s middles classes are looking for.