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Newsflash: Magna 'agrees to buy GM Europe': latest news
Fri, 29 May 2009Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.
Infiniti JX crossover set for spring 2012 debut
Tue, 19 Apr 2011Infiniti plans to add the JX, a midsize seven-passenger crossover vehicle, to its lineup in spring 2012. It will show a concept during the Pebble Beach Concours d'Elegance in August and the production version in November at the Los Angeles auto show. Infiniti gave few details about the JX.
German enthusiasts name TechArt GrandGT the 'Sports Car of the Year'
Wed, 30 Nov 2011For the fourth year in a row, readers of German car magazine Auto Bild have selected the TechArt GrandGT as "Sports Car of the Year" in the sedan-tuning category. The GrandGT, from TechArt Automobilidesign GmbH, is based on the Porsche Panamera Turbo and packs 630 hp and 650 lb-ft of torque. The additional power comes from upgraded turbochargers, sport air filters and a tuned engine-management system.

