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GM files plan for stock offering

General Motors Co., moving to unwind itself from government control, on Wednesday filed plans to go public and begin selling common shares as early as this fall. The filing--anticipated for weeks--came just 13 months after GM was restructured in bankruptcy with $50 billion in direct aid from the U.S. government.

Lexus NX compact SUV production starts – first UK deliveries October 2014

The first Lexus NX rolls off the production line We’re not entirely sure the new Lexus NX – revealed in production guise at the Beijing Motor Show in April - will be one of the most driver-focused compact SUVs, but it is a car that should see Lexus sales rise considerably. And the NX is now starting to roll off the production line at Lexus’s Miyata plant in Japan, and Lexus say they already have 6,500 orders for the NX in Japan, and a more modest 350 in the UK. The big seller in the UK – in the absence of a diesel NX – will be the NX 300h with its hybrid setup of a 2.5 litre petrol engine, electric motor and CVT gearbox, but despite promises of good economy (55.4mpg) the real world economy is likely to be significantly less, although its high headline economy will help BIK rates for business buyers.

Audi U.S. chief Johan de Nysschen leaves post

Longtime Audi veteran Johan de Nysschen, who rose to become president of the company's U.S. unit, has resigned for another job that is unknown at this point. COO Mark Del Rosso will handle daily operations until a replacement is named.