Auto News 5

General Motors and Magna International have reached an agreement in principle that could rescue Opel, sources close to the negotiations said today. Full story...

Canadian supplier Magna International Inc. has reached a preliminary deal with General Motors to invest in Opel, boosting hopes for a deal with the U.S. and German governments to save the carmaker. Full story...

German efforts to forge a rescue for General Motors' Opel unit were under threat on Friday after Fiat S.p.A. and Magna International, the leading candidates to take over the carmaker, voiced reservations about the bidding process. Full story...

Germany raced to overcome a transatlantic spat and growing tensions among Opel bidders to clinch a deal for the German carmaker today, as parent General Motors hurtled toward bankruptcy. Full story...

German efforts to forge a rescue for General Motors' Opel unit were under threat on Friday after Fiat S.p.A. and Magna International, the leading candidates to take over the carmaker, voiced reservations about the bidding process. Full story...

German efforts to forge a rescue for General Motors' Opel unit were under threat on Friday after Fiat S.p.A. and Magna International, the leading candidates to take over the carmaker, voiced reservations about the bidding process. Full story...

Germany and the United States get what may be their last chance to save Opel on Friday when they try to put a heated row behind them and forge a plan to shield the carmaker from a bankruptcy of its parent General Motors. Full story...

The UAW will emerge from a General Motors restructuring as the second-largest stockholder in the reorganized automaker and with a more direct stake in its success, union President Ron Gettelfinger said on Thursday. Full story...

The UAW will emerge from a General Motors restructuring as the second-largest stockholder in the reorganized automaker and with a more direct stake in its success, union President Ron Gettelfinger said on Thursday. Full story...

The UAW will emerge from a General Motors restructuring as the second-largest stockholder in the reorganized automaker and with a more direct stake in its success, union President Ron Gettelfinger said on Thursday. Full story...

Unions accused the British government on Thursday of not doing enough to protect nearly 5,000 British jobs at General Motors U.K. brand Vauxhall. Full story...

Chrysler LLC's Twinsburg, Ohio, stamping plant, which is slated for closure, has drawn inquiries from two potential buyers, according bankruptcy court statements. Full story...

Unions accused the British government on Thursday of not doing enough to protect nearly 5,000 British jobs at General Motors U.K. brand Vauxhall. Full story...

Bühl, Germany -- A Mercedes-Benz S-Class that burns as little fuel as a B200 may sound anachronistic. Yet, it's the new creed of the Stuttgart-based automaker. "We're going to show that high fuel economy and low emissions are not merely exclusive to small cars," declared Ulrich Mellinghoff, Vice President of Development, Safety, NVH and Experimentation at Mercedes-Benz Cars, while introducing the media to the all-new 2010 S-Class hybrid sedan, the first automobile of its kind in the Mercedes-Benz family. Full story...

BURNABY, BC,- New rules of the road to protect emergency roadside workers will come into effect on June 1, 2009 requiring drivers to slow down and move over when passing stopped emergency vehicles that have their lights flashing. Full story...

Who else would embrace a faster and more mobile world than an innovative automaker with a knack for designing champion race cars? The convergence of a pioneering spirit at Audi with the ever-evolving digital world has changed the way the auto industry views new media, mobile technology and has led to millions of downloads along the way. Full story...

General Motors today confirmed that its UAW-represented employees have ratified the modifications to the GM-UAW 2007 National Labor Agreement. The amended agreement covers approximately 54,000 hourly employees located in 46 U.S. facilities. Full story...

F1's potential entry list for 2010 swelled to six names on Friday, even if nine of the current teams are yet to lodge their paperwork by the midnight deadline. Full story...

In all likelihood, June 1st will be the day that GM's American branch officially files for protection under Chapter 11 of the United States Bankruptcy Code -- at least based on top analysis conducted over the past few days and the latest proposal by the Obama administration to GM executives. Full story...

DEARBORN, Mich.,-- Aggressive driving kills, says AAA Michigan. More than half of fatal car crashes involve some form of aggressive driving--speeding, running another driver off the road, tailgating or yelling obscenities. Full story...