Innovate Motorsports #3728 Exhaust Clamp on 2040-parts.com

Cannonball Run seminar at Amelia Island was one for the ages

I don't think I've been to a bad car show, and that includes the local Kamaro Klub in the Dairy Queen parking lot. But I tend to judge the shows by the afterglow--how much you remember a day or two after the event. I tend to remember a lot after every Amelia Island Concours d'Elegance, and that is mostly because the founder, Bill Warner, uses his annual North Florida show to do exactly what you and I would do if we ran a big show--invite our heroes to come talk and invite the cars we'd like to look at ourselves.

News watch August 2010: today's industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.

Fiat future products: Look for more 500s

Next year two Fiat 500 models are scheduled to join the 500 and 500C convertible, which already are on sale as 2012 models. Cars arriving next year will be a sporty Abarth version and an electric. A fifth car will join the lineup in 2013: a four-door, five-seat, high-roof subcompact.