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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.

Subaru XV concept (2011) first teaser picture

Subaru has offered a first glimpse at the Subaru XV, a new crossover SUV concept for the 2011 Shanghai motor show. Where's the Subaru XV? Is it hiding?

New Lexus IS 300h, LF-LC and Lexus F-Sport all at 2013 Geneva Motor Show

We’ll get to see the new Lexus IS 300h at the 2013 Geneva Motor Show together with an Opal Blue LF-CC and extended F Sport range. Probably of most interest – because we’ve not seen it in Europe yet, is the new Lexus IS 300h, the hybrid version of the 2013 Lexus IS – revealed at Detroit last month – which Lexus hope will pick up sales from the diesel competition. Lexus will be adding the F Sport trim to the IS 300h too to show that their cars can look as dynamic as those from Audi’s S Line, Mercedes’ AMG or BMW’s M Sport which, with an expected output of around 220bhp from the electric motor and 2.5 litre engine, isn’t all that incongruous.