Dodge Viper L Rear Spindle L. 96 97 98 99 00 on 2040-parts.com

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.

Official photos of the new 2012 Volvo V40 leak out

The new Volvo V40 arrives The new Volvo V40 – dues to debut at the Geneva Motor Show – has leaked ouy early from a Polish Facebook page. We has what looked like the first photo of the new Volvo V40 a week or so ago, but we now have what is undoubtedly the first official photo of the 2012 V40 ahead of its debut at Geneva in a couple of weeks. Looking a bit like a cross between the C30 and the V60, the V40 is a good looking car.

'400,000 children in smoky cars'

HUNDREDS OF THOUSANDS of children travel in smoke-filled cars every week, a charity has warned. The British Lung Foundation (BLF) estimates that in England more than 430,000 children aged 11 to 15 are exposed to second hand smoke in cars each week. The charity, which conducted analysis on official NHS data, said that 185,000 children of the same age are exposed to smoke while in the family car on "most days", if not every day.