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Chrysler Sebring and Dodge Avenger to get a new lease on life

With Fiat-based replacements still at least two years away, the Chrysler Group has delayed plans to kill its slow-selling Chrysler Sebring and Dodge Avenger, sources say. The two sedans were all but left for dead by previous owner Cerberus Capital Management. Now insiders say Chrysler intends to freshen the cars and keep them on the market until late 2012.

Volvo C30 (2006): first official pictures

By Phil McNamara First Official Pictures 25 July 2006 01:17 The lowdown This is the Volvo C30, a rakish three-door set to take on the BMW 1-series and Audi A3. Unconventionally, this hatchback only has four seats; conventionally, it mounts its engines across the nose and sends power to the front wheels. The C30 is scheduled to arrive in UK showrooms in December.

GM board will again delay decision on Opel's future, report says

General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.