Smash Hit

Magna stocks rise after failed Vauxhall bid

The Canadian car parts maker which led a failed bid for GM’s Vauxhall business in the UK swung into profit in the third quarter

Dubai forced to plough £53m into Doncasters

The Gulf sovereign wealth fund did not comment but it is understood that the engineering company was facing default

Toyota in profit after cost cuts and scrappage

The carmaker, which will save £180 million by leaving Formula One racing, is now looking to China for growth

Mandelson protects jobs as Vauxhall wins reprieve

The Business Secretary said that the Goverment would underwrite General Motors' business plan to protect UK jobs

Germany cries ‘foul’ after Merkel’s plans fail

General Motors' assurance that it would pay back the Germans' bridging loan was not enough to pacify anger over its U-turn

Maybe it’s better the devil you know

Workers at GM's plant in Luton have been uncertain about their future for months and want to see a deal made quickly

Back on a level playing field

The sale of GM's European assets to Magna and Sberbank stank of political interference and its failure should be celebrated

GM scraps plan to sell Vauxhall and Opel

Lord Mandelson will now seek talks with General Motors to discuss the future of 5,500 Vauxhall workers in the UK

Analysis: GM incurs wrath of the Germans

The German Government could barely conceal its fury following news of GM's U-turn on the sale of its European division

Workers back in uncertain times

The retention of GM Europe could represent a surprise triumph for Lord Mandelson who has led the talks to save Vauxhall

Resurgent Ford blames pound for setback in Britain

Ford, the only big American carmaker to have avoided bankruptcy in the crisis, reported third-quarter profits of $997m

Ford back in the black after cost-cutting

The carmaker returns to quarterly operating profit and hopes to repeat its British success with Fiesta in America

Nimrod crash puts BAE ethics under fire

Inquiry’s criticisms add to pressure for greater change