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First Sight: Holden VE Commodore and Statesman

GM Holden last week launched its biggest program ever, the $1 billion all-new Holden VE Commodore range. Designed at Holden's Port Melbourne design center, the 4th generation Commodore is the first all-new model of the series to be fully designed and engineered in Australia. Previous generations of Commodore since 1978 have always been based on lengthened and widened Opel large car platforms of the day but since the demise of the European Omega in 2003, GM lacked a suitable rear-wheel-drive donor platform for a new Commodore, hence the clean sheet approach for the latest VE model.

UPDATE: Jack Roush hospitalized after crashing plane, injuries not life-threatening

NASCAR team owner and Mustang guru Jack Roush crashed while landing his plane on Tuesday in Oshkosh, Wis. He's in serious but stable condition and his injuries are not life-threatening. Roush was landing his Hawker Beechcraft Premium jet at the Oshkosh airport about 6:15 p.m.

Italian businessman buys Pininfarina plant for aluminum-vehicle project

Defeated twice in his attempts to buy Carrozzeria Bertone S.p.A., Gianmario Rossignolo has signed a preliminary deal to rent and run one of Pininfarina S.p.A. three plants. Rossignolo, 79, a flamboyant executive who worked at Fiat and Swedish ball-bearing maker SKF, needs the Pininfarina plant for its Innovation in Auto Industry S.p.A.