Even though Beijing Automotive (BAIC) tendered a non-binding offer for Opel, the company is said to have no chance of actually acquiring the brand. General Motors is still in talks with Magna and its partners, GAZ and Sberbank, and according to Sberbank CEO German Graf, "The choice has been made and the question now is of how to structure the deal."

Observers also feel that the GM-Magna agreement is merely waiting on some dotted I's, crossed T's and that the deal won't fall apart unless Magna blows it up or walks away. That hasn't stopped GM and the German government from creating the appearance of courting other bidders for Opel and Vauxhall, including BAIC and Belgium's RHJ.

BAIC appears to be serious, even if everyone assumes that GM's just using it as a decoy. Magna wants to get the paperwork inked by July 15, and that's around the same time that BAIC wants to make a binding offer for Opel's purchase. It's working with Deutsche Bank and PriceWaterhouse Coopers on its proposal, and we can only assume BAIC will be ready with a bag full of cash in the unlikely event Magna exits stage left.

[Source: Auto News, sub req'd]

If you're like us, you can't help but smile at the breathless optimism and certainty that the folks at Auto Express have for not-yet-released models. The latest car to catch their rendering artist's eye is the forthcoming Vauxhall Astra droptop.

According to AE, the new convertible Roadster variant will forgo the rear seats of the current TwinTop and instead adopt a more rakish two-seat design. The folding metal roof will reportedly integrate a pair of rollover fairings in its tonneau cover, and tighter overhangs with more aggressive ground effects.

Interestingly, AE claims that the Astra Roadster will not get a VXR performance variant, but it will receive the hot hatch's 2.0-liter turbo engine, reportedly good for 270 bhp and a 0-60 mph time in six seconds. Lesser engines will apparently include a 1.4-liter turbo giving 150 bhp and a 170 bhp 2.0-liter CDTI diesel.

Due to General Motors selling off Vauxhall and its twin brand Opel to Magna, the likelihood of seeing such a model Stateside would appear to be even slimmer than normal. Either way, the U.K. publication says the world will have to wait a while for the topless Astra, as the automaker will first roll out the five-door, followed by the three-door and wagon models and later an MPV. Only after the rest of the lineup is revealed will Vauxhall break out the suntan lotion.

[Source AutoExpress]

Sometimes deals get made, and then the dealmakers have to employ some pretty creative tactics to get the terms to work. Magna's deal for Opel included taking €1.5 billion in short term loans from the German government, the string attached being that Magna had to guarantee German jobs.

Saving jobs means selling more cars to maintain production levels, and outside observers are suggesting that Opel would need to cut prices by 40% to move enough metal to keep people on the lines. Of course, a 40% drop in prices makes profit almost impossible, and some are saying Magna doesn't care about profits right now. One analyst said Magna and GM might want to increase costs, since Magna would sell more parts and GM would get more royalties. That, however, seem like the wilder side of speculation.

Magna has said the 40% discount hypothesis is absurd. Magna's mandate was to save German jobs -- that doesn't mean other Opel or Vauxhall factories in other countries can't be shuttered. Such a discount would also bring competing automakers into the debate; they would need to fight battles both on the dealer lot and with their government lobbyists, who would question Opel's right to sell cheap cars with government assistance.

[Source: Bloomberg]

The 2010 Opel Astra has an impressive exterior and an overhauled interior, but it's also important that the upcoming C-segment hatchback can hang with the competition. The guys and gals at Vauxhall wanted to show just how competent a handler the Astra is, so they brought a pre-production tester to the Millbrook Proving Ground test track in Bedfordshire, England.

Hit the jump to watch the next Astra take on the twists and turns at Millbrook, and while you're at it, make sure to keep an eye on the MKVI Golf and the Euro Focus. You'll have to really pay attention here, though, because the Astra passes them without much of a fight. Sure, that may have something to do with the fact that the Astra is piloted by Vauxhall's own BTCC pilot, Fabrizio Giovanardi. For all we know, the Golf and Focus could be driven by students from the local driver's ed academy.

Although we're still a few months away from seeing the 2010 Opel Astra in the flesh at the Frankfurt Motor Show, the automaker has released a bevy of interior images of its new compact hatch following the reveal of the fully redesigned exterior.

The new interior takes a huge stride beyond the current model's drab yet functional environment, with upgraded materials and a completely reworked center stack housing controls for the sat-nav, HVAC and infotainment systems. It's mildly mobile phone-like and you wouldn't be alone seeing shades of the new Ford Fiesta in the Astra's center console.

Additionally, there's a redesigned glovebox with removable compartments for pens and coins, an optional compartment under the passenger seat and ambient lighting piped into the door handle surrounds, gear lever recess and center stack.

Based on the new Delta platform that underpins the Chevrolet Cruze, the new Astra will be available abroad later this year, packing a host of gasoline and diesel powerplants with outputs ranging from 100 to 180 hp. Make the jump for the release, along with a groovetastic video of the Astra's new insides.

No more spy shots. GM has formally unveiled the Vauxhall Insignia VXR Sports Tourer (a.k.a. the Opel Insignia OPC Sports Tourer on the other side of the Chunnel). By now, you're probably seen the specs, but we'll go over them again for the sake of being complete. 325 horses are corralled in the 2.8-liter turbo V6 underhood. Yep, that's a six-speed stick you see in the attached photo gallery, and both all-wheel drive and eLSD are standard. Stopping power is supplied by Brembo, the seats are by Recaro, and the overall appearance is liberally sprinkled with awesome. All told, the whole package is good for a zero-to-60 run in six seconds flat, which has us dreaming of this car, in this color, wearing the Buick Tri-Shield up front. Maybe Grand National badges on the fenders, too. Okay, it's more like a pipe dream, but let us have our fun. The PR joins an official video after the jump.

With the Frankfurt Auto Show looming on the horizon, German automakers in particular have been preparing their latest offerings for their debuts. And even with its future still hanging in the balance, General Motors' Opel division has just released a series of teasers of its upcoming new Astra to be unveiled at the Frankfurt show in September.

Although based on the platform that will underpin the Chevrolet Volt, the Opel Astra (and the Vauxhall-badged version to follow) will be powered by conventional engines...at least at first. A downsized 1.4-liter turbo is expected to form the standard engine, with a 2.0-liter turbo version wearing Opel's OPC badge (and Vauxhall's VXR) to follow.

The new Astra will reportedly be available in several bodystyles, starting with this five-door hatch. A four-door sedan is expected to follow, along with a five-door wagon and two-door hardtop convertible, while the three-door hatch version carrying the GTC label promises to follow the lead of the Renault Megane with a more coupe-like profile previewed by the Opel GTC concept from Geneva 2007.

Of course, with the GM global empire on the verge of disintegration, it's hard to say at this point where the Astra might end up. We'll have to wait for more over the course of the summer, but in the meantime, feast your eyes on the teasers in the gallery below.



[Source: Opel via CarScoop]

Way back in 2004, GM's European arm put a toe in the water of the rapidly expanding city-car market with its Opel Trixx concept. A few years later, GM's Carl-Peter Forster indicated that the automaker would not be entering that microcar market after all. Fast forward another couple of years and (surprise!) it looks as if GM may be once again reversing its stance.

According to Auto Express, Vauxhall is now planning a small urban vehicle to do battle with the smart fortwo, Toyota iQ and the upcoming Volkswagen Up!. If these rumors are to be believed, the Trixx will be based on GM's Voltec drivetrain but will completely eschew the range-extended 1.4-liter engine in favor of going fully electric with a goal of hitting a 90-mile range between charges.

You might think that dropping the internal combustion engine would make the car considerably cheaper, but that may not actually be the case. AE indicates that the lithium ion battery pack powering the Trixx could cost as much as £8,000 ($12,100 in U.S. dollars) per unit to make. To counteract the high cost of entry, Vauxhall may sell the actual car while offering a separate lease for the battery.

[Source: Auto Express]

Apparently, Fiat's alliance with Chrysler is only the beginning. According to a variety of reports coming out of the UK and Germany, the Italian automaker's expansion plans aren't limited to its 20% stake in Chrysler – Fiat is also considering acquiring General Motors' European operations, including Opel, Vauxhall and even Saab.

The result could be a new company that spins off Fiat, Lancia and Alfa Romeo, along with Chrysler and GM Europe, into one corporate entity worth around $106 billion and rivaling Volkswagen to become the world's second largest automaker behind Toyota.

In an interview with the Financial Times, Fiat's CEO Sergio Marchionne said of the union, "From an engineering and industrial point of view, this is a marriage made in heaven" and with the full support of the automaker's board, Marchionne hopes to have the deal completed in May, with shares of the new company – tentatively dubbed Fiat/Opel – available by the end of the summer.

Marchionne believes that the alliance would make Fiat a stronger entity in the global marketplace during the economic downturn and through merging Fiat and Opel's B- and C-segment platforms, along with absorbing Opel's larger D-platform and Fiat's sub-compact A-segment offerings, could save around 1 billion euros each year.

Of course, Fiat and Marchionne have a long road ahead. German trade unions are opposed to the deal, citing concerns about job losses and factory closures, and according to the German magazine WirtschaftWoche, Fiat's initial offer of $1.33 billion to acquire GM's European operations was considered too small by the General.

Marchionne is scheduled to present Fiat's plan to an assortment of German leaders later today and expect more to follow over the coming weeks.

[Source: Automotive News – Sub. Req. | Image Source: Vittorio Zunino Celotto]

Eyebrows raised at reports that General Motors could hold on to its British subsidiary Vauxhall even if – or, more likely, when – its German counterpart Opel would leave the family. With the model ranges of the two European GM divisions intertwined, a Vauxhall without Opel would seem like an empty shell. New reports suggest, however, that instead of re-plastering Opels with the griffin badge, the British marque could instead continue operations under GM ownership by importing products made by GM Daewoo Auto & Technology.

The restructuring of Vauxhall would also likely call for greater cooperation with GM Daewoo's neighbor to the south, Holden, which otherwise stands to lose significant revenues from the disintegration of GM's global operations, with Vauxhall and Pontiac having accounted for nearly half the production of its VE Commodore, sold in the UK as the Vauxhall VXR8 and in the United States as the Pontiac G8. Holden, for its part, also recently replaced many of its Opel-based products with rebadged GM Daewoo models. In the likely absence of Opel, the General's assets in England, Australia and Korea would likely end up cooperating more closely. However with Daewoos already on the European market as Chevrolets, the realignment could effectively be the end of the bowtie in Europe.




[Source: Autocar]