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VW and Chinese ‘in talks to buy Vauxhall/Opel’ from GM

GM is considering selling its loss-making European operations, it emerged tonight. If it goes ahead and severs ties with GM Europe, the General would cede control of Vauxhall and Opel, the second biggest car brand in the UK.And in another extraordinary twist, CAR has confirmed that top-level talks have been taking place between Volkswagen and the German government, which is keen to avoid Opel falling into foreign hands. Chinese car makers are circling but Chancellor Angela Merkel, who has close connections to Volkswagen chief Martin Winterkorn, would prefer VW to step up to the plate as a potential buyer than a Chinese brand.

Government Unveils New Plan To Manage Major Roads

ALONGSIDE charges for plastic bags, the Queen’s Speech also contained legislation that will change the way England’s motorways and major A-roads are managed. As part of the Infrastructure Bill, the changes will see the current Highways Agency (HA) transformed into a Government-owned company. Behind the move is a desire by the Government to save taxpayers at least £2.6 billion over the next 10 years.

General Motors cancels plans for Buick compact crossover

General Motors has canceled plans for a compact crossover for Buick, vice chairman Tom Stephens said Wednesday in a posting on the company's blog. The five-passenger crossover was just announced earlier this month at an event in Northern Michigan. But GM reversed plans after negative feedback about the vehicle said that it didn't fit the premium characteristics associated with the brand.