Wix 46255 Air Filter on 2040-parts.com

Newsflash: Magna 'agrees to buy GM Europe': latest news

Latest 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.

BMW 1 Series M Coupé revealed

The BMW 1 Series M Coupe revealed The whole argument about whether BMW would use the iconic ‘M1′ moniker on a lowly 1-Series car was finally settled (not that we ever had any doubts) back in July when BMW officially confirmed that the 1-Series M car would be known as the BMW 1 Series M Coupe. And it was happening. The official announcement saw BMW reveal an official video of the 1 Series M Coupe out on the track sporting the ubiquitous black and white swirls of camouflage so beloved of car makers with a new model to tease.

Ford overhauls plans for the U.S. C-Max to go with fewer seats, all hybrids

Ford has shifted gears on its plans for the C-Max wagon in the United States and will now sell only the five-seat version with hybrid and plug-in hybrid powertrains, beginning in 2012. Ford has canceled plans to sell the seven-seat version of the C-Max with a conventional gasoline engine in the States. Ford will call the car the C-Max hybrid, and C-Max Energi will be the name of the plug-in version.