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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.

International artists give Volvo XC60 a makeover

A 2014 Volvo XC60 was given a makeover at the third annual Volvo Art Session in Zurich, Switzerland, by a team of international artists. The event, which took place at Zurich's central train station, carried theme of ‘Designed Around You' and placed a white XC60 in front of a white dropback canvas. Artists were then set the task of transforming the car into a personal work of art, but which would only exist until the next artist took over and painted over it.

Volkswagen New Midsize Coupe debuts at China motor show

The Volkswagen NMC (New Midsize Coupe) concept makes official the German carmaker's plans for a style-led sedan to challenge the likes of the strong selling Mercedes-Benz CLA. Unveiled at the Beijing motor show, the new four-door closely previews a future Jetta-based model that will slot into the Volkswagen lineup beneath the existing Passat CC, most likely in 2016. Volkswagen design boss Klaus Bischoff describes the NMC as “avant-garde protagonist for a new compact sedan class.” Looking all but ready for production, it continues the current Volkswagen design lineage, with crisp features and lines, heavily horizontal detailing, and taut surfacing -- all aimed at providing it with a technical-inspired appearance.