Cardone Industries 84-17450 New Distributor W/module - Imp on 2040-parts.com
Multiple Warehouses, United States
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News watch June 2010: today's auto industry news
Wed, 30 Jun 2010Welcome 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.
Lamborghini Ad Personam in Detroit
Mon, 12 Jan 2009No, it’s not a new model, Lamborghini has nothing new to offer at the moment. But at least it went to Detroit, which is more than we can say for some other high profile names! So what’s ‘Ad Personam’?
Toyota plans recall for engine glitch next week
Fri, 02 Jul 2010Toyota Motor Corp. may next week recall up to 270,000 vehicles worldwide to fix an engine glitch. Toyota said it would file the recall in Japan on Monday, covering 90,000 high-end sedans.