12-10 Gauge Ring Terminal, 1/4 In., Yellow - Dorman# 85430 on 2040-parts.com

News watch June 2010: today's auto 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-hour Wednesday 30 June 2010• Tesla shares have rocketed 40% on their first day of trading; the company went public this week with the first IPO of an American car company since Ford in the 1950s (BBC News)• GM may sell off its interests in finance arm GMAC and parts supplier Delphi as it seeks to write down its debts (Financial Times)• A Federal judge has approved the $20m sale of a former GM plant in Wilmington to Fisker Automotive; Fisker hopes to build 100,000 cars a year once production hits a peak after launch in 2012. It is using a $529m government loan to fund its launch (Detroit News)Tuesday 29 June 2010• UK business secretary Vince Cable has warned that the car industry is no longer in an emergency – and cannot expect direct government support.

The dog ate my Aston Martin

A 42-year-old Brit gave his dog away after the border collie-spaniel mix chewed the fiberglass fender of his Aston Martin DB9 Volante while he was away from home, the Daily Mail reports. Royston Grimstead, from Somerset, England, told the Mail he was already contemplating giving his dog, Luce, away because she didn't get along with his other dog. Then he came home to find $4,800 in damage to his Aston.

The Best (and worst!) of France and Italy

Call this the gathering of cars you're amazed even started. Yet, there were over 300 of them by 11:00 a.m., spread all over the lawn and under the trees in Woodley Park in Van Nuys, Calif. for the annual Best of France and Italy car show.