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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.

Nissan 370Z Roadster hits UK

The Nissan 370Z Roadster finally hits the UK It’s been nine months since Nissan launched the 370X Roadster from a tent in New York and, despite the promise that the 370Z Roadster would hit UK shores in September last year, it still hasn’t. But it’s close as Nissan have finally announced that orders for the 370Z Roadster are now being taken and the first UK cars will arrive in March. Only a year after the launch.

Ferrari plan VIP club so ‘Elite’ get limited edition Ferraris. How Silly.

Ferrari VIP Owners Club - for cars like the SA Aperta It seems Ferrari are planning an elite club of VIP Ferrari owners who will get the chance to buy limited edition Ferraris first. When Ferrari has a special car – like an Enzo or the new Aperta – there are never going to be enough cars to satisfy the list of potential customers. Which is the point.