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GM board will again delay decision on Opel's future, report says

General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.

BMW reveals Concept M4 coupe at Pebble Beach

BMW's M division has previewed its upcoming M4 coupe with the unveiling of a near-production-ready concept of the new performance coupe at the annual Pebble Beach Concours in Monterey, Calif. The BMW Concept M4 provides a lightly veiled look at the eagerly anticipated M3 coupe replacement that is expected to make its public premiere in production guise at the Detroit auto show in January. North American sales will start before the second half of 2014.

Ferrari F150 / F70: Details confirmed

Ferrari has confirmed more details of the Enzo successor – the Ferrari F70 / F70 – in the Ferrari Magazine and their web site. As we’ve already reported today that the McLaren P1′s design is almost the same as the concept P1, we thought we should also report on the latest news on the McLaren’s biggest rival – the Ferrari F70 / F150 – now Ferrari has confirmed more detail. Most of what Ferrari has revealed on their web site (and in the latest edition of the Ferrari Magazine) has already been speculated upon, but now we know from the (prancing) horse’s mouth some of the technical details, as well as the look of the new Ferrari from the recent tease of the F70/F150.