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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.

New Volvo V40 R-Design. UPDATED

We have the first photos of Volvo’s sporty take on the new V40 – the Volvo V40 R Design – ahead of a debut at the Paris Motor Show. Update: Volvo has now caught up with this story, so we’ve added a few more photos and a video. The V40 R-Design will be available as an option across all the V40′s range of engines but the Sport suspension still remains an option, not standard.

Infiniti opens London design studio

Shiro Nakamura, Alfonso Albaisa and Simon Cox have officially opened Infiniti Design London, as Nissan's premium brand becomes fully separated. "We have a clear vision to make Infiniti a key premium brand," said Nakamura, senior VP of design to the assembled press. "Design is a clear defining force." The new studio is adjacent to Nissan Design Europe's base in the Paddington area of London, on the second floor of the protected Battleship Building that also houses Virgin's HQ.