1960 Ford Car Galaxie Fairlane Custom 500 Temperature Gauge Nos on 2040-parts.com

Opel leaving China, but planning a car for the US

General Motors' Opel is withdrawing from China after several years of declining sales, with the last vehicles slated to be exported from Germany in January 2015. Opel managed to sell only 4,365 cars in China in all of 2013, compared to a staggering 810,000 Buicks, GM's most popular division in China. The lackluster sales and the planned withdrawal from China highlighted the unique demands of the Chinese domestic market, where Buick now offers almost twice the number of models as in the U.S.

2012 BMW 1-series gets light freshening

BMW is lightly updating the 1-series coupe and convertible for 2012 with several sporty modifications. The 128i and the 135i get air curtains for the front fascia to counter aerodynamic drag. Other refinements include accents for the headlights and taillights and light finishings for the interior.

GM sells Suzuki shares to raise emergency funds

By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.