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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.

Jaguar heading for the Goodwood Revival with more than 30 Classic Jags

Classic Jaguars in action at the Goodwood Revival The Goodwood Revival may not have quite the same appeal for some as the Goodwood Festival of Speed, but if you love classic cars it’s a must go. This year Jaguar are again out in force (last year Jaguar took their Heritage Collection to Goodwood) with more than thirty Jaguar and Jaguar-powered racers heading for Goodwood. There will be racing C-Typoes, D-Types, E-Types and Mk II saloons in action,.

Vettel F1 helmet sold for £72,000

A HELMET belonging to four times World Formula 1 champion Sebastian Vettel has been sold for a world record £72,000 in a charity auction. The safety gear, signed by Vettel himself, was a Red Bull-sponsored helmet by Arai designed around Germany's national colours. It was worn during the Nurburgring Grand Prix race weekend in Germany this year - where Vettel celebrated his first home victory.