Auto News 5

General Motors has sent out confidentiality agreements to more than six potential investors for its Opel/Vauxhall unit, CEO Fritz Henderson said. Full story...

Fiat chairman Luca Cordero de Montezemolo has denied eyeing General Motors Europe's Opel AG. Full story...

Fiat Chairman Luca Cordero de Montezemolo denied on Friday the Italian carmaker was looking at General Motors' German unit Opel. Full story...

General Motors' Opel/Vauxhall unit could continue functioning even if its U.S. parent files for Chapter 11 bankruptcy protection, an Opel spokesman said on Thursday. "GM Europe has its own pool of liquidity," the spokesman said. Full story...

An insolvency at General Motors Europe unit Adam Opel would not lead to a dramatic surge of bankruptcies among car part producers, Oliver Weirauch of the Droege consultancy told a finance daily. Full story...

The European unit of General Motors could still pay salaries and continue functioning even if its stricken U.S. parent files for Chapter 11 bankruptcy protection, a spokesman for Opel said today. Full story...

Struggling coachbuilder Heuliez, which makes the Tigra car for General Motors' Opel unit, has been granted protection from creditors for up to six months, a French court said on Wednesday. Full story...

Chinese carmaker SAIC, which bought up the remains of defunct MG Rover, this week began considering investing in a new European company that will take over General Motors' German unit Opel and its British subsidiary Vauxhall, a London newspaper has reported. Full story...

General Motors Europe's German unit Opel does not face an imminent cash crunch, a spokesman said on Wednesday. Full story...

General Motors' Opel/Vauxhall unit does not face an imminent cash crunch despite its U.S. parent's financial troubles, Opel said on Wednesday. "Opel is liquid," a spokesman said. Full story...

General Motors' Opel/Vauxhall unit does not face an imminent cash crunch despite its U.S. parent's financial troubles, Opel said on Wednesday. "Opel is liquid," a spokesman said. Full story...

General Motors' Opel/Vauxhall unit has generated enough funds to survive the next four months, the German newspaper Bild Zeitung reported on Wednesday, citing sources familiar with the matter. Full story...

Rüsselsheim. The high performance version of the Car of the Year 2009 will be unveiled on May 7, when the Opel Insignia OPC premieres at the Barcelona Motor Show, ten years after the launch of the first OPC model (Opel Performance Center). The heart of the Insignia OPC is its 2.8 V6 Turbo engine. Derived from the powerful gasoline engine already available on the top-of-the-line Insignia, this version reaches an output of 239 kW/325 hp. The increase in power was obtained by a special engine development and by reworking the exhaust, significantly reducing the counter pressure. And because sound is so important in the appreciation of an engine, the acoustic specialists worked on the exhaust of the V6 by adopting specific center and rear mufflers. Full story...

Michelin North America will close its BF Goodrich tyre manufacturing plant in Opelika, Alabama by 31 October with the loss of about 1,000 jobs. Full story...

The top European union official at General Motors expects an investor to be found for the carmaker's Opel/Vauxhall subsidiary. Full story...

The top European union official at General Motors expects an investor to be found for the carmaker's Opel/Vauxhall subsidiary. Full story...

The top European union official at General Motors expects an investor to be found for the carmaker's Opel/Vauxhall subsidiary. Full story...

Abu Dhabi's government-linked investment fund Aabar does not plan to buy further shares in Daimler or a stake in Opel, a spokesman for Aabar said. Germany's Focus magazine said Abu Dhabi was in talks to raise its Daimler stake from 9. Full story...

Abu Dhabi's government-linked investment fund Aabar does not plan to buy further shares in Daimler or a stake in Opel, a spokesman for Aabar said. Germany's Focus magazine said Abu Dhabi was in talks to raise its Daimler stake from 9. Full story...

Abu Dhabi's government-linked investment fund Aabar does not plan to buy further shares in Daimler or a stake in Opel, a spokesman for Aabar said. Germany's Focus magazine said Abu Dhabi was in talks to raise its Daimler stake from 9. Full story...