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GM cancels Opel Vauxhall sale to Magna

By Tim Pollard Motor Industry 03 November 2009 22:59 General Motors tonight surprised the world by pulling its proposed sale of its European division – Opel and Vauxhall – to Magna. In a dramatic U-turn, Detroit said 'an improving business environment for GM over the past few months' had made it reappraise its spin-off plans.The 11th hour switch means that GM will still retain full ownership of Opel and Vauxhall, which will now 'be restructured in earnest'. Canadian parts giant Magna had won the race to buy a controlling stake in GM Europe, as a newly relaunched Detroit sought to shore up its finances.

Bentley Continental Supersports Convertible at Geneva

The Bentley Continental Supersports Convertible will debut at Geneva The Bentley Continental Supersports Convertible has been on the way for a while. We reported that a Supersports Convertible was likely back in October, and as Bentley have managed to chop the top off all the other iterations of the Continental GT there was no way they were going to pass up the chance to add another variant to the list. Bentley have also added the FlexFuel capability to all models in the Continental range.

Ford offers dealers 20% discount on aluminum-repair tools

NEW ORLEANS -- Ford is offering dealerships with body shops a 20 percent discount on the $30,000 to $50,000 in special equipment and training needed to repair the 2015 aluminum pickup. Dealers can get a maximum of $10,000 off if they buy the gear before Oct. 31, said Paul Massie, Ford collision marketing manager.