Car Throttle

Well, well, well - look what has transpired here. General Motors' cash crunch over the past year resulted in attempts to rid itself of global assets. That has included Saab and curiously until now, Opel. Opel's sale to Canadian supplier Magna International has been in the works for quite some time. Now, GM is announcing the termination of that deal struck with Magna International.  That's right, after all of this wrangling, GM's Board of Directors has decided to keep Opel. Opel has been integral to GM's current product lineup and it looks to play an even bigger role in the future. For instance, future new product like the Buick Regal is being sourced directly from the brand. Without control of Opel, GM would lose that developmental prowess, as

Bob Lutz, bearer of good news! He is fresh off his "unretirement" and back, better than ever. The reshuffling retains his position as Vice-Chairman of GM and actually adds responsibilities: he's in charge of “creative elements of products and customer relationships.” Bob Lutz is known famously in the auto industry for his propensity to speak his mind, and that hasn't changed. Pontiac's G8 has seen new life in it's sales numbers since the announcement about the Pontiac brand cancellation. Clearly the product has potential; it was critically acclaimed in the press. Not only that, there is multiple other reasons for keeping the car, like Australian production revenue that is vital to GM's Holden subsidiary. The logical reasons are there, which is why the response of GM's CEO Fritz