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Auto news; Magna beats Fiat to buy GM Europe Canadian component manufacturer looks to have nosed ahead of Fiat in the race to own Opel and Vauxhall
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Auto news; Magna beats Fiat to buy GM Europe Canadian component manufacturer looks to have nosed ahead of Fiat in the race to own Opel and Vauxhall
Daily Auto News

General Motors surprised auto industry observers by reaching an 11th-hour deal with a group of bondholders who own $27 billion worth of the company’s debt, but press reports say the development won’t stave off bankruptcy.
Daily Auto News

General Motors’ plan to import tens of thousands of Chinese-built cars to the U.S. over the next several years may be on hold.
Daily Auto News

Reports of the Dodge Viper’s death, it seems, have not been exaggerated. The famed supercar will probably fade out of existence quickly – the last example may have already been built.
