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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.

Citroen Divine DS concept (2014): a posh VW Golf?

By CJ Hubbard First Official Pictures 04 September 2014 15:00 In case you missed the memo, DS is now a standalone brand, rather than a subset of Citroen. So says Citroen, anyway. To celebrate there’s a new DS concept, and it’s absolutely Divine.

Changan Eado

The Changan Eado, a global mid-size sedan, represents not only a new product, but also on a new platform design language for the Chinese carmaker. The Eado has been designed to expand the company into the European market, and Changan's investment into design and production follows the current trend of Chinese automakers aiming to export their models to other markets. The Eado has been designed by Stefano Carminati and is said to combine the features of 'European fashion', 'Japanese fineness' and the needs of Chinese consumers to maximize its appeal.