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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.

Chevy forum rumors Camaro Dusk Special Edition

They boys and girls over at the Camaro5 forum have come upon an option sheet for the 2013 Chevrolet Camaro Dusk Special Edition package and some photos of what the finished package will look like. According to Camaro5—and it's been right before—the package will include the RS appearance package, a new shade of blue paint, 21-inch wheels and a new front splitter and rocker panels. Inside, blue and yellow accents will adorn a cabin, with blue accent lighting and Mojave leather.

Minicars perform poorly in crash tests, study says

Minicars made by Toyota, Honda and Daimler AG did poorly on frontal crash tests with mid-sized automobiles, prompting an influential safety organization to suggest consumers consider buying larger cars that have comparable fuel economy. The Toyota Yaris, Honda Fit and Smart ForTwo all collapsed upon impact into the space around the driver dummy, according to the study released today by the Insurance Institute for Highway Safety. Drivers in all three vehicles faced high risk of head and leg injuries after test collisions at 40 miles an hour, even after airbags inflated, said the non-profit group funded by auto insurers.