The countdown has begun in preparation for the 2010 World Car of the Year (WCOTY) and Performance Car of the Year (PCOTY) awards ceremony that will be taking place on April 1 at the 2010 New York Auto Show.

A total of 31 cars made up the original list of candidates for the 2010 World Car category, while 15 cars made up the list for the 2010 Performance Car category, but now these lists have been whittled down to just ten finalists.

Now in their seventh year, the World and Performance Car of the Year awards are an independent global accreditation to name the best new car on the market, as selected by a voter group made up of established automotive journalists from around the globe.

To be eligible, a car has to be in production and sold in at least five countries and on two continents, which meant many American manufactured cars didn’t make the list. The final winners will be picked by a team of 59 judges and announced during April’s New York event, however, the list will be whittled down even further to just three finalists in both categories at next month’s 2010 Geneva Motor Show.

Also running once again for this year’s event are the additional World Green Car and World Car Design of the Year awards. Last year, the Volkswagen Golf 6 drove off with the World Car title, while the mighty Nissan GT-R supercar took top honours in the Performance Car segment.

2010 World Car of the Year top ten finalists:

• Audi Q5
• BMW X1
• Chevrolet Cruze
• Kia Soul
• Mazda3
• Mercedes-Benz E-Class
• Opel/Vauxhall Insignia / Buick Regal
• Porsche Panamera
• Toyota Prius
• Volkswagen Polo

2010 Performance Car of the Year top ten finalists:

• Aston Martin V12 Vantage
• Audi R8 V10
• Audi TT RS Coupé / Roadster
• BMW Z4
• Ferrari California
• Jaguar XFR
• Lotus Evora
• Mercedes-Ben z E 63 AMG
• Nissan 370 Z
• Porsche 911 GT3
• Porsche Boxster / Cayman

Adapted from MotorAuthority

It’s no secret that GM’s eleventh hour decision to keep Opel left many in Germany, both public and private, feeling a bit burned. But Nick Reilly, the new Opel CEO, isn’t running from the issue. In fact, he’s addressing it head on.

He’s saying it’s time to end the usual blame-shifting tactics within GM’s European branch. The ultimate problem, he says, was the bureaucratic culture that found roots in the company. With Reilly’s appointment, he’s looking to change that, and that means taking responsibility for the company’s failures as well as its successes.

At this early stage, that amounts to little more than a lot of flowery talk, however. If Reilly’s enthusiasm should bear fruit, it might serve to ease some of the fears in Germany’s auto workers unions and within the German government. On the other hand, the realities of adjusting Opel’s capacity to fit the smaller global marketplace may leave Reilly no alternative but to make unpopular cuts.

And that may be the darker side of the responsibility Reilly is talking about assuming. Opel’s German workforce is about 25 000 members strong, and despite an announcement last week upon taking the reins that no product engineers would lose their jobs, there’s still a very real possibility that capacity – and therefore jobs – will have to be cut.

On the up side however, there are some bright spots in the product portfolio, including the new Insignia sedan/wagon, which have been on the road for just about a year in Europe now. Headed to the U.S. largely unchanged as the 2011 Buick Regal, the Insignia could speak well for the future of Opel. The new Astra, which will also spawn a Buick variant that shares much with the Cruze as well, could also point the direction toward a future that doesn’t require drastic cuts.

Whatever the next few months may hold for Opel, it’s looking like the new leadership may be just what the company needs to shed its tired, near-bankruptcy image.

Adapted from MotorAuthority