There is breaking and good news on GM, Opel and Magna front regarding Opel's sale. Germany's chancellor Angela Merkel, who was scheduled this morning, announced that GM's board supports Opel sale to Magna. GM just said that it has agreed to sell a majority stake in European automaker Opel to a Russian and Canadian consortium. GM will sell 55 percent to Magna.

Safety officials are informing of a huge Volvo recall due to a software glitch. While we know which cars are involved in the current Volvo recall, there are conflicting information about the number of vehicles involved in this recall.

Car rental inventories are down this weekend and hardly a deal is left for a cheap or discount car rental. This is, of course unless you get a last minute travel deal for your Labor Day weekend travel.

Honda de Mexico officially announced the market introduction of the Honda Accord CrossTour in Mexico.

Volvo has decided to use the Frankfurt Motor Show to unveil its new Volvo C70 car, reports Europa Press today, on September 1. Volvo officials say the company has carefully redesigned the C70 so it harmonizes the larger Volvo cars.

The fifth generation of Toyota's SUV 4Runner 2010 will debut at The State Fair of Texas Auto Show (USA) in late September. In Japan Toyotas 4Runner is also known as Hilux Surf SUV.

Steam power puts the car speed at 224 kilometer per hour (139.2 mph). The previous record, achieved in 1906, was fixed at 203 miles per hour.

Reports say Land Rover plans to unveil it's 2011 LRX hybrid SUV next June. In fact, they also mention an exact date of Land Rover's LRX launch. Here is why this launch date may be accurate.

Whether the 2011 Chevy Cruz will help or save GM's car sales only the time will show, but GM is already offering an email signup to get Cruze news updates. Apparently GM has embarked on a massive campaign to promote Chevy Cruze, the production of which is expected next year. Now future drivers can sign up with Chevrolet to stay up to date.

To be more precise that's what WSJ reports today about Chrysler's plans in Mexico. According to the report Chrysler plans to make Fiat 500 cars in Mexico.

New concept, called Cash For Clunkers Voucher, has become reality as the authorities are now allowing the car traders to get a voucher documentation if your desired car is not in the lot and in the pipeline.

As teenagers are getting ready to go back to school and parents are reviewing their car insurance policies, the providers of car insurance plans are in a price war to lower their premiums to attract more business. Price wars are causing auto insurance companies to lower rates this month. Trey Augusta reports.