Cardone Industries 22-1118 Remanufactured Complete Rack Assembly on 2040-parts.com

New Rolls Royce Wraith on the road (video)

The new Rolls Royce Wraith hits the road The new Rolls Royce Wraith – revealed at the Geneva Motor Show in March – is Rolls Royce’s answer to the sport credentials of Bentley, and it’s a convincing effort. Essentially a Ghost Coupe, the Wraith’s styling is, perhaps, a little jarring with its almost dog humping back end, but from some angles it also looks remarkably elegant for a two door coupe that’s the size of a delivery truck. But the key to the Wraith’s appeal – apart from the sumptuous fixtures and fittings – is its dynamism and power, with 624bhp on tap from its v12 (and an earth-turning 590lb/ft of torque too) enough to shift the Wraith to 60mph in a very un-Rolls Royce 4.4 seconds.

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.

Chrysler to build an electric version of the Fiat 500 for the U.S. market

Chrysler will build an electric version of the Fiat 500 minicar for sale in the United States, starting in 2012, the automaker said on Monday. A prototype of the Fiat 500EV was shown at the Detroit auto show. The concept uses an electric motor, an advanced lithium-ion battery pack and an electric vehicle-control unit.