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Lexus LFA says goodbye on video

The Lexus LFA says goodbye in a tribute video The very last Lexus LFA was produced in December 2012, and the last LFA destined for Europe in March 2013, so now, with the LFA consigned to the annuls of Toyota’s car history, Lexus has decided they should pay tribute to their very special supercar. It took a decade to get the LFA from initial concept to production, and much changed in that time. But the end result was worth the wait, even if the price tag – north of £300k – made the LFA a car only for the properly wealthy petrolheads.

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.

Honda, Toyota, GM set pace as sales climb 14%

U.S. light-vehicle sales -- driven by double-digit gains at six of the seven biggest automakers -- rose 14 percent in July, just below forecasts but strong enough to keep the industry's recovery on solid ground. Honda Motor Co., Toyota Motor Corp.