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GM wants to wrap up Opel sale quickly

General Motors is anxious to wrap up the sale of Opel, a top executive said Tuesday. The bidding has been narrowed to Canadian auto parts conglomerate Magna--which is favored by the German government--and Belgian investors RHJ International. "I think everyone is anxious to get this thing done," GM CFO Ray Young said, according to Automotive News.

MG3: Shanghai Motor Show

The MG3 SuperMini for Europe is a titivated version of the MG3 the Chinese market gets, complete with a decent dose of flair and additional equipment and cosmetic enhancements to make it more appealing to Western tastes. That means hockey stick shaped LED running lights across the range, black A-pillars, mesh grill (well, mesh slit at the front), dual colour side skirts, dual colour alloys and a rear valance MG say was inspired by generations of MG sports cars. Although only 4 metres long, MG say the MG3 offer space inside that matches or beats all competition (room for  four six-footers they reckon) and gets a ‘rolled and raised’ dash that accentuates the space on offer and sculpted backs to the front seats to help space in the rear.

Barcelona’s Ferrari Land to open in 2016

Ferrari and PortAventura Entertainment -- a subsidiary of industrial solutions and capital company Investindustrial -- have inked a deal to build a new Ferrari Land amusement park inside the PortAventura resort near Barcelona, Spain. The theme park will cover 807,000 square feet, including attractions like Europe’s highest and fastest roller coaster, five-star accommodations, 250 hotel rooms and a driving simulator. The project involves an investment of 100 million euro ($139 million).