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News watch August 2012: 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 Friday 31 August 2012•European car sales continue to struggle, down 8.2% in July. Spain, europe's biggest market, saw sales frop the most, by a massive 26%.

Lotus Esprit James Bond car up for auction

The Lotus Esprit Submarine (pictured) from the James Bond 007 film is up for auction James Bond and cars go together like bacon and eggs and, with the exception of the 007 Aston Martin DB5, the Lotus Esprit ‘Submarine’ car from the Spy Who Loved Me is probably the most iconic Bond car to have hit the big screen. Piloted in the film by Roger Moore – with Mrs Ringo Starr, Barbara Bach, at his side – the underwater version of the Esprit, one of six used in the film, was affectionately know to the crew as ‘Wet Nellie’ and actually piloted for the underwater scenes by former SEAL Don Griffin, who worked as a test pilot for the creators of the Esprit Submarine - Perry Oceanographic. After filming ended it was sent of to a storage unit in Long Island, ten years rent was paid upfront but, when the 10 year rent period ended, no one stepped forward to claim the contents at they were sold off for a song to a local couple.

GM's historic Willow Run plant closes

After 68 years of arming the nation and putting America on wheels, the Willow Run manufacturing plant in southeast Michigan closed on Thursday. The 5-million-square-foot powertrain plant, owned by Motors Liquidation Corp., the remnants of the former General Motors Corp., has fallen victim to GM's 2009 bankruptcy and subsequent restructuring. About 300 workers left at the plant will either “retire, transfer to another campus or go on layoff,” said Chris Lee, a spokesman for the reorganized General Motors Co.