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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.

What would you do to revive Saab?

New life has been breathed into Saab with the pending sale to Dutch carmaker Spyker Cars and its CEO, Victor Muller. Now comes the hard part--reviving Saab. Whether you're a longtime fanatic or just a casual friend, you might have some ideas about what Saab should be going forward.

Ed Balls faces driving ban

SHADOW CHANCELLOR Ed Balls could be banned from driving today as he answers a summons for failing to stop after bumping another car. The case, which arises from an incident in the Morley and Outwood MP's constituency on April 5, will be heard by magistrates in Leeds, although the Labour front-bencher is not expected to attend court. Mr Balls's office has said he will be responding in writing and will not contest the charge.