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GM reportedly set to sign deal on Thursday to sell Opel

General Motors Co. likely will sign a deal on Thursday to sell a majority stake in Opel to a group led by Magna International Inc., German news agencies reported, citing sources close to the negotiations. GM agreed on September 10 to sell 55 percent of Opel to Canadian supplier Magna and its Russian partner Sberbank, but the deal stumbled amid labor union demands for a veto on factory closures and concern in the UK and Spain that 4.5 billion euros ($6.7 billion) in aid pledged by the German government for restructuring Opel favored the carmaker's German factories.

Mitsubishi Compact Crossover revealed

The new Mitsubishi Compact Crossover Mitsubishi is working to re-align itself in the market place. It wants to be seen as a manufacturer of ‘environment-friendly passenger cars & crossovers’ instead of an SUV focused manufacturer. It sees cars like the i-MiEV, Colt, Lancer, Grandis and Outlander as the future, although it intends remaining in the ‘Authentic off-roader’ segment with cars like the Shogun.

Maybach Exelero for sale – ish

A Swiss Company is offering replica Maybach Exeleros We’re not huge fans of the Maybach here at Cars UK, as you’ll know if you’ve been here before. It’s just so ill-conceived it beggars belief that a company as savvy and successful as Mercedes can’t see it. Mind you, we’re convinced they’ve just about given up on Maybach – even though they deny it – and the 100 Maybach Coupes being built by Xenatec are a swansong to the marque, which we’re convinced will go the same way it did in its previous life by simply stopping production.