General Motors will sell its Opel unit and other European assets to Canada’s Magna International Inc in a deal German Chancellor Angela Merkel said today would protect the assets from GM’s likely bankruptcy.

The directors of beleaguered vanmaker LDV have applied for administration, raising fresh fears that hundreds of workers will lose their jobs, it was revealed today.

Israeli troops shot and killed a Hamas-linked militant in a West Bank raid this morning, casting a cloud over a day-old truce that ended more than five months of fighting in the Gaza Strip.

The chairman of digger maker JCB would be interested in buying iconic British car manufacturer Jaguar from the Ford Motor Company, it was reported today.

Russia’s sixth richest man is considering whether to make a bid for struggling British car maker Jaguar, it was reported today.