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General Motors says Magna's Opel bid has obstacles, RHJ's is easier to accept

General Motors Co. says a bid for Opel from Magna International faces hurdles while a rival offer from Belgian investor RHJ International would be easier to accept. Writing on GM Europe's Web site, John Smith, GM's chief negotiator for the Opel sale, says Magna's bid "contained elements around intellectual property and our Russian operations that simply could not be implemented." He adds: "GM has partners in other parts of the world who have joint ownership of these assets ...

Volvo drops plans to compete in the luxury F-Segment car market

In fact, at the Shanghai Motor Show in 2011, Volvo delivered the Concept Universe car which we all though was pointing the way to what could be a Volvo S90; Volvo’s luxury car for Chinese plutocrats. It sported a rather strange ‘East meets West’ design language with a very odd nose and lots of curves, and it wasn’t exactly showered in plaudits. But that didn’t stop Volvo coming back at Frankfurt in 2011 with an altogether more convincing concept – the Volvo Concept You – that sported a much clearer vision for a future luxury Volvo.

Range Rover by Overfinch has 30% higher residuals than a standard Range Rover

The 2014 Overfinch Range Rover (pictured) keeps its value It’s generally considered that money you spend on enhancing a new car by getting one of the plethora of customisers to add interesting bits is money down the drain. But as we reported back in 2012, that’s definitely not the case with the Range Rover by Overfinch. In fact, the last model of the Range Rover had residuals a full 23 per cent more if it was an Overfinch version rather than a regular Range Rover, which made opting for an Overfinch makeover almost a no-brainer.