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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.

Scotland to ban petrol and diesel cars by 2050?

The Scottish government is aiming to ban all petrol and diesel cars from towns, cities and other communities by 2050. This is according to a new “Switched On Scotland” document, intended to serve as a ‘roadmap’ towards the future that encourages businesses and private motorists to swap to electric vehicles (EVs). On Bing: see pictures of electric vehicles Find out how much a used electric vehicle costs on Auto Trader The government will put its money where it’s mouth is here, by spending over £14 million in the next two years to purchase EVs in replacement of its current petrol and diesel fleet, and installing charging points at major buildings.

Honda reveals ‘Forza’ design contest winner in Chicago

Honda teamed up with “Forza Motorsport” to reveal the winning entry in the “Forza Motorsport” Civic Si Design Contest at the 2014 Chicago Auto Show on Friday. The winner was Tiffany Labedz of Phoenix, who beat out 17,000 other members of the Xbox “Forza” community. "At Honda, we love meeting our customers where their passion lies, and the racing and custom car design in ‘Forza Motorsport’ is definitely a passion for so many Honda and Civic enthusiasts," said Tom Peyton, Honda’s assistant vice president of advertising.