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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.

Porsche Cayenne Turbo S (2012) first official pictures

If you're a Porsche Cayenne buyer, it's unlikely you're too bothered about the political (in)correctness of your vehicle. Still, Porsche has somewhat injected a modicum of common sense into the new flagship model: the Cayenne Turbo S. Despite gains of 42bhp and 37lb ft over the already potent Cayenne Turbo, Porsche claims the Turbo S suffers no drop in fuel efficiency or inferior CO2 output.

Chrysler, Nissan postpone plans to share two vehicles

Chrysler LLC and Nissan Motor Co. have postponed plans to share a North American-built small car and a full-sized pickup until they can reduce costs. A third vehicle-sharing project, in which Chrysler will sell a version of Nissan's compact Versa sedan, will continue on schedule, the companies said late Thursday.