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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.

Skoda Ocatvia vRS gets a new face

Skoda Octavia vRS gets a facelift and a titivate to bring it in line with the rest of the range In keeping with the changes made to the rest of the Octavia range late last year, Skoda has now rolled out the new look for the vRS (and the Scout) to bring the family looks to the whole range. Up-front you get a redesigned grill with a vRS logo and the option of xenons with adaptive lighting. You also get a set of front fog lamps with optional cornering, and some daylight running LEDs.

Volvo Concept XC Coupe at Detroit Auto Show – previews the new Volvo XC90 (+ video)

The Volvo Concept XC Coupe (pictured) will debut at Detroit next month Volvo are heading to the Detroit Auto Show next month with the second of three concepts planned utilising their new scalable platform architecture which will underpin almost all future models – the Volvo Concept XC Coupe. The first of the three new concepts from Volvo came at the Frankfurt Motor Show back in September as the Volvo Concept Coupe – a new take on Volvo’s iconic P1800 – but this time we get a concept that points firmly at the new Volvo XC90, due in a year’s time as a 2015 model. We’ve already got some idea of what Volvo’s designers think the new XC90 should look like, but the styling cues on the Concept Coupe – and the teaser photos of the Concept XC Coupe (above) – give us a much clearer view of what Volvo are planning for one of their most successful cars.