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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.

Now Porsche catches the SUV Coupe bug with plans for a Cayenne Coupe

Porsche are planning a coupe version of the next Cayenne (current Turbo S pictured) No one thought the BMW X6 would sell; after all, who would want an SUV with a compromised coupe roofline? But it seems plenty of buyers do – the BMW X6 sells at twice the rate BMW predicted – which is why we’re getting an X6 clone in the new Mercedes GL Coupe – likely to be the Mercedes MLC – heading for a Mercedes showroom near you sometime soon after being previewed by the Mercedes Concept Coupe. Now, Porsche are apparently playing the SUV Coupe game with plans for a coupe version of the next generation Cayenne in 2018, according to Autocar, to make sure BMW and Mercedes don’t have things all their own way.

Tata will redo Nano for the U.S.

A redesigned version of India's no-frills Nano minicar will come to the United States in three years, said Ratan Tata, the billionaire boss of that country's giant Tata Group. "The U.S. is a very enticing market," Tata said in an interview.