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General Motors board recommends selling Opel to Magna-led group

General Motors Co.'s board has decided to support selling a majority stake in Opel to a group led by Canadian auto parts giant Magna. The move caps weeks of high-stakes maneuvering on both sides of the Atlantic that saw nationalism, labor issues and--perhaps most critical to GM, the use of its technology--all come into play. Magna and Russian lender Sberbank will get a 55 percent interest in Opel, the linchpin of GM's European operations for 80 years, as well as its British sister brand Vauxhall.

Video: Chevrolet C7 Corvette digital gauges teased

Chevrolet has released a new teaser video of its new C7 Corvette revealing more interior details and its new digital gauge cluster. With the 2014 Chevrolet Corvette's debut at the Detroit auto show rapidly approaching, the carmaker's latest teaser shows a new 200-mph speedometer and an all-digital screen featuring a large, centralized tachometer and information display. The latest teaser comes two weeks after another video showed the new Corvette testing in the wind tunnel, giving us minor glimpses of the C7. Within the first five seconds you can see a profile shot of the covered-up C7 before some flashes of design sketches.

Partnership Premium 2030 - Part 3

The third video in a five-part mini-series documenting the Peugeot Premium 2030 project students at Strate College in Paris, France, have been working on has now been released. While the first video presented the projects envisaged by the 10 student teams following the initial brief supplied by Peugeot and the second episode brought us into the sketching phase undertaken by the 30 students, this third video outlines the different scenarios illustrated by each student group and takes into account social objectives, space constraints and environmental issues that will influence consumers of the future. Punctuated by interview segments with Peugeot's head of interiors, Amko Leenarts, this episode brings further insight into the 2D development phase and the initial presentation stage, where students explain the inspiration behind their projects and their vision for the future premium Peugeot of 2030.