The Government today announced a £270 million loan guarantee to car giant General Motors to help secure its Vauxhall operations in Britain.
A prototype Vauxhall/Opel Ampera will be displayed at the Geneva Motor Show next week - that's if its electric drive train and range-extending petrol engine prove reliable, because it's being driven to the show from Opel's European headquarters in Rüsselsheim near Frankfurt, a distance of some 370 miles.
It took a while, but it now appears that the axe has finally fallen and Saab really is going to die. For the last twenty years, the Swedish car maker has been part of General Motors; it may seem a strange thing to say under the circumstances, but it's quite difficult to be certain whether that has been a bad thing for Saab or not.
General Motors says it will shut down Saab after talks to sell the brand to Dutch carmaker Spyker Cars collapsed, marking the third time this year that a deal by GM to sell an unwanted brand has fallen through.
General Motors (GM) has announced that its proposed sale of the Swedish car-maker Saab to Koenigsegg Group AB has been terminated by Koenigsegg. GM's President and CEO, Fritz Henderson, expressed his disappointment at the decision and said "Given the sudden change in direction, we will take the next several days to assess the situation and will advise on the next steps next week".
Tony Paterson in Berlin reports on the wildcat strikes that have greeted the deal's collapse
The new Opel/Vauxhall Astra has won a German Golden Steering Wheel award. “Das Goldene Lenkrad” is Germany's most prestigious car prize, and provides it provides a welcome boost for the Astra and Vauxhall's plant at Ellesmere plant where it is built at a time when the future of GM's European operations has once more been thrown into doubt.
Would it matter if Cadbury were to fall into US ownership? Should we care that Opel and Vauxhall are being bought by a Canadian-led consortium? Or that Volvo may be taken over by the Chinese?
GM's got gizmos you never knew you needed
PsychoGeography: The upland villages of Provence all look like mini collapsed towers of Babel
A big beast rolls out of the GM crop: Vauxhall's Antara is a Chevrolet Captiva beneath the badge. David Wilkins is in favour, but our readers are unimpressed