Opel GTC

The documents also reveal the Vauxhall Calibra will use the Insignia platform.
The Holden Calibra was last on sale in Australia in 1997, and was sold in the UK as the Vauxhall Calibra and the Opel Calibra in other parts of Europe. This new information might not trickle down to a possible Holden Calibra resurrection, but there is a chance the model could enter our market as an Opel (earlier in the year Opel announced it would be opening up shop Down Under, completely separate to Holden).

Reports say the new Calibra will be based on the GTC Concept coupe that was unveiled at the 2007 Geneva Motor Show. The car will use the same Epsilon II platform as the Insignia, offering a sportier two-door coupe layout. With thanks to a shortened wheelbase and an all-wheel drive system, the Calibra is likely to offer superior performance over the Insignia.
Possible powertrains for the new model include the 240kW, 2.8-litre turbocharged V6 petrol engine (as seen in Insignia VXR), although, this engine is likely to be reserved for the top-spec models. Smaller, more fuel-efficient turbocharged engines are set to power the entry-level range.

Chevrolet Cruze: 2011 DUB Edition

The turbocharged engine puts out 138 horsepower and 148 lb-ft. of torque and should be capable of up to 40 mpg on the highway. The 1.8-liter puts out 136 horsepower and 123 lb-ft. of torque.The Cruze is offered in four standard trim levels, as well as a specialty option package, known as RS Appearance, which includes rocker moldings, unique front and rear fascias, front fog lamps and a rear spoiler.
Cruze LS
The Cruze is available in several trim levels, including the base LS level, which comes with a 1.8-liter Ecotec engine and a six-speed manual transmission standard. Standard safety equipment includes 10 airbags, StabiliTrak ESC, ABS and more. Chevy also points out that even the base LS will come standard with A/C, power locks and windows and remote keyless entry.

Chevrolet Cruze: Overview

The 2011 Chevrolet Cruze replaces Cobalt as the compact car from General Motors' volume division. Cruze is a 4-door sedan that comes in LS, LT, LTZ, and fuel-economy-oriented Eco trim levels. LT models are subdivided into 1LT and 2LT. The LS has a 136-horsepower 1.8-liter 4-cylinder engine. The 1LT, 2LT, LTZ, and Eco use a 138-horsepower turbocharged 1.4-liter 4-cylinder engine. A 6-speed manual transmission is standard on the LS and Eco. A 6-speed automatic is optional on those models and standard on the LT and LTZ. Available safety features include ABS, traction control, antiskid system, curtain-side airbags, front- and rear-side airbags, and front-knee airbags. Cruze Eco models have ultra-low-rolling-resistance tires and other aerodynamic tweaks designed to increase fuel economy. Available on the LT and LTZ is an RS Appearance Package, which includes fog lights and specific exterior trim. Leather upholstery, heated front seats, remote engine start, and a wireless cell-phone link are standard on the 2LT and LTZ. A sport suspension is standard on LTZ. Rear-obstacle detection is optional on the LT and standard on the LTZ. This evaluation is based on preview test drives of pre-production vehicles.

As GM readies its IPO pitch

According to The Wall Street Journal, members of the U.S. Treasury are worried about General Motors' upcoming IPO. They aren't concerned for the automaker's stock price, or how even how many investors may decide to buy into the company – they're concerned about what country the money is coming from.

The Journal suggests that government officials are considering whether to limit or select which non-U.S. investors would be invited to be so-called "cornerstone" investors in GM's IPO. Cornerstone investors are sought out to purchase and hold sizable stakes in a given company at a set share price. Said price is often lower than what the general investing public can secure, the theory being that the cornerstone investors' presence (and the stability it implies) serves to drive confidence in the company. The fear is that there could be considerable political fallout if, say, some of those cornerstone investors turned out to be from nations like China. Either way, GM will need to firm up its investment plan fairly quickly if it is to allow enough time to court the 'right' cornerstone buyers.

As GM readies its IPO pitch, another key element in the company's talking points will be its long-term stability – including a chief executive officer who plans to stick around a while. New GM CEO Dan Akerson has reportedly told the board that he'll stay at the helm for two to five years - or perhaps even longer. The manner in which his compensation agreement is structured will likely include incentives timed to take effect over a period of years as a way to show investors that he's serious about making a longer-term commitment to the automaker's recovery