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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.

2013 Ford Mondeo – first photo, and it’s not the 2013 Fusion

First photo of the 2013 Ford Mondeo The North American Ford Fusion has been revealed at Detroit, but we have the first photo of its European cousin – the 2013 Ford Mondeo. We’ve covered the reveal of the 2013 Ford Fusion from the Detroit Auto Show and pointed out that, to all intents and purposes, the Fusion North America gets is pretty much the same car we’ll see as the 2013 Ford Mondeo. But just so there’s no confusion, we’ve got the first photos of the 2013 Mondeo in pre-production guise, just so you can see how similar the Mondeo will be to the Fusion.

New Mitsubishi Mirage to replace Colt in 2013

Mitsubishi Mirage The new Mitsubishi Mirage – a ‘Global Compact Car – has gone on sale in Thailand, is being built in Thailand and will replace the Mitsubishi Colt in Europe in 2013. The new Mitsubishi Mirage is a budget five-door hatchback that Mitsubishi are aiming at emerging markets. But it’s not going to stop there.