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Fiat makes bid to buy Opel

The proposed partnership between Fiat and Chrysler has been thrown into a tailspin with revelations that the Italian carmaker has made a secret offer to purchase a majority stake in Opel. Klaus Franz, chairman of Opel's works council, on Thursday confirmed Fiat's interest in a takeover of General Motors' European subsidiary, suggesting that officials have cleared the way for the signing of a letter of intent as early as April 28. Opel has been in talks with parts supplier Magna International on a possible partnership over the past month.

Yaris To Launch This Summer Bursting With Kit

JAPANESE car maker Toyota is launching its new Yaris supermini this summer, and hopes to broaden the car’s appeal with a revised range. The firm is offering more choice, more equipment options and a wealth of advanced features for on-board comfort, communications, safety and style as it launches the Yaris into an increasingly competitive market sector. Established Active and Icon grades are joined by new Sport and Excel trims.

Mustang ad blitz aims to beat Camaro

Chevrolet Camaro sales have blazed ahead of the Ford Mustang through April. To catch up, Ford Motor Co. plans an aggressive advertising campaign.