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]

This weekend saw the running of the first Mini Mille Miglia. No affiliation to the famous touring event, the Mini Mille is a greatly scaled down version of the race. How scaled down? Well, it's run on a digital Scalextric track for 1/32-scale slot cars in Umbria, Italy. Put on to benefit Alzheimer's research, the Mini Mille was a full 3-day program of public activities, including 14 different races throughout Saturday and Sunday.

Event founder Graham Lane built a 30-meter track tucked amid an Italian countryside: 20 meters of it is a central circuit, sightseers can dip off into a 10-meter loop into a forest-lined valley and over an aqueduct. Participants could either go with their cars to Umbria to race in person, or could send their cars and have them driven -- and photographed and videotaped -- just for the experience.

While it's too late to enter this year's race, it's not too late to start prepping your miniature runner for next year's Mini Mille Miglia. Nor is it too late to have a gander at the gallery of images below.



[Source: Mini Mille Miglia via Pistonheads | Photo credit: Jaak Beentjes]

Porsche plans to expand its Panamera line-up to include three new powerplants – a Volkswagen-sourced V6, a diesel and some manner of hybrid – but in addition to offering new engines, the automaker may offer a harder, more performance-oriented model to slot in above the Turbo.

Similar to the strategy Porsche employed with the Cayenne, this new model – which could be dubbed the Turbo S or GTS – would nix the Turbo model's standard air suspension and instead fit a set of performance-tuned springs and shocks to maximize grip and on-track prowess.

As for future powertrains, a senior Porsche executive told Autocar that VAG's V6 and V8 diesels could be fitted to future Panameras, and we wouldn't be surprised to find the new Audi S4's supercharged, petrol-powered 3.0-liter V6 in Porsche's first production sedan in the coming years.



[Source: Autocar]

With the ink still wet on the Fiat/Chrysler deal, many auto sites (including Autoblog) have had a bit of fun prognosticating which Fiat/Alfa models would be rebadged as Chrysler products. U.K. site Autocar is reporting that Fiat is exploring bringing in Dodge models to Europe to be rebadged at Alfa Romeos. CEO Sergio Marchionne is said to be considering the move, saying that the two brands share the same core identity.

Autocar quotes Marchionne as saying that Dodge is the muscle car of the U.S. while Alfa is the muscle car of Europe, the latter being an interesting bit of positioning that we Statesiders don't normally associate with the brand. If the right Dodge-branded products were to make their way to Europe, the theory is that the Auburn Hills marque could actually bolster the products already offered by Alfa. The problem is, though, that there are few (if any) Dodge models that could reasonably be expected to perform well in Europe. The only models that are likely to be of interest are the Charger, Viper and Challenger, and the there is a chance that the Viper could soon find itself outside of the Chrysler portfolio altogether. The Charger and Challenger are likely too big for Europe as well, and would probably only sell in small numbers.

Marchionne also tells Autocar that the Chrysler group is still losing money, but the rate has slowed due to production and labor cuts.

[Source: Autocar]

As expected after this morning's initial leakage, BMW has released a staggering amount of images of the 2011 BMW X1 showing the brand's new soft-roader in every conceivable environment before it's officially revealed at this year's Frankfurt Motor Show.

Along with the pics, BMW put out a brief statement (below the fold) confirming the X1's arrival in the U.S. sometime in 2011 and its plans to offer both rear-wheel and all-wheel drive (xDrive) versions, along with "a wide variety of gasoline and diesel powertrain choices." BMW won't officially confirm what mils will make the trip across the Atlantic, but the automaker says the X1 will use its EfficientDynamics system and that one gasoline engine and three diesels will be available when the X1 launches in Europe this fall. Check out all 183 high-res images in the gallery below and expect official U.S. market information to be released closer to the X1's launch in the States.

BMW introduced its first all-wheel drive 3 Series in the mid-80's, with an all-wheel drive variant of the 5 Series arriving on the scene several years later. Today, BMW has announced that its range-topping full-size 2010 7 Series sedan will finally get the automaker's all-wheel drive "xDrive" treatment. Designed with a rear torque bias to maintain rear-wheel drive handling characteristics, the all-season traction will be available on the turbocharged eight-cylinder models initially, as BMW has not announced any plans to adapt it to the V12-powered 760Li flagship. The standard model will be called the "750i xDrive" while the long-wheelbase model carries "750Li xDrive" nomenclature.

The Bimmer boys also announced the availability of the "M Sport Package" for all 7 Series models. The package includes lift-reducing aerodynamic cladding, shadowline trim, Active Roll Stabilization (RWD only), anthracite headliner, and 19-inch wheels wrapped in high-performance rubber. If that isn't enough, BMW is also offering special Carbon Black Metallic exterior paint and 20-inch wheels for the new 2010 7 Series M Sport models. Full press release after the jump.

According to a report from Auto Motor und Sport, Toyota is considering a partnership with Daimler to build Mercedes-Benz' A- and B-Class sub-compacts on the Japanese automaker's MC platform. The idea is to maximize the efficiency and output of Toyota's European plants, and could also include sharing development costs on each brand's next generation flagships: the Lexus LS and Mercedes S-Class. Daimler has dismissed the report as "speculation," while a Toyota Motor Europe spokesman toed the company line, only saying "It's part of our normal business practice that we regularly talk to other carmakers but there are no specific projects planned at the moment."

[Source: Auto Motor und Sport via Reuters]

The Citroen C3 is old enough in car years that it's getting a re-do before it undergoes a mid-life crisis. The new version is certainly a more mature design, receding hairline and all. Citroen has come up with its own euphemism for it, coining the phrase "Zenith Windscreen" to describe a large windshield that extends further up into the roof than normal to create a panoramic feel to the interior.

The new C3 is a smoother looking supermini than before, with slicker styling keeping it modern and slipping through the air with a Cd of .30. Inside the redone sheetmetal, the interior gets classed up and quieted down. Most notably, there's an integrated air freshener, presumably useful when you're using all 10.5 cubic feet of boot space to haul big dogs or foie gras party platters.

An HDi (Citroenese for "diesel") engine keeps CO2 emissions low, and new powerplants are in the pipeline for 2011. The new engines will use stop/start, the diesel versions of which will drop carbon dioxide emissions further, while gasoline-fueled C3s will also dip below the 100g/km of CO2 emissions level with a new three-cylinder engine. The C3's new duds don't come with the typical generational increase in weight, and the Chevron-emblazoned C-class car will motor onto the small car battlefield ready to earn more accolades with its latest generation. Follow the jump for Citroen's official press releas,e or browse over the C3's new design in the high-res gallery below.

Gallery: 2010 Citroen C3

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[Source: Citroen]

We've seen some pretty cool advertising in our time, but a new European marketing campaign from Fiat is surely one of the more memorable efforts from an automaker in recent memory. In an effort to underscore the safety of its diminutive 500 – both to its occupants and the animals we share our planet with – the Italian automaker has unleashed a new series of images depicting the retro hatchback in various crash test scenarios.

The interesting part comes from the car's occupants, which includes a panda bear, a walrus (goo goo g'joob) and a couple of penguins. Equally as clever is the tagline, "Engineered for a lower impact on the environment," after which the ad reminds the viewer that Fiat – with 133.7 grams of C02 per kilometer on average – is the brand with the lowest carbon emissions in all of Europe.



[Source: Fubiz.net via Jalopnik]

Fiat CEO Sergio Marchionne, watching the travails of GM, Opel and Magna from his comfy Italian perch, has sent word that his previous offer for Opel is still on the table if anyone is interested. That offer, though, can't be sweetened because he doesn't "believe we could improve Fiat's offer. It's the most rational one we can put forward from an industrial viewpoint."

It doesn't appear as though anyone's listening. The German government wants to save German jobs, Opel workers are determined to vote down anyone who tries to take them away, and GM wants the most money and the least competition. Fiat's offer doesn't exactly fit that template.

GM and Magna & Co. will dance for a while longer, and if that doesn't work out, then GM will begin again with RHJ and Beijing Automotive. In the meantime, someone's going to have to pay to keep Opel running. Could it be that the most reasonable offer will be left unanswered while the other parties look for more expedient solutions?

[Source: Auto News, sub req'd]