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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.

2011 Chevrolet Volt faces toughest test--consumers

Scientists, journalists and a slew of other alleged experts have all weighed in on the 2011 Chevrolet Volt, and now the only verdict that truly matters--the public's--will be rendered. General Motors said 6,348 consumers have taken the extended-range car for a spin during a 12-city “Volt Unplugged Tour,” and not surprisingly, GM's reviewers like it. Still, initial feedback does appear to be truly positive.

Cars in movies

   - Click on this symbol to view the video playlist of CAR's best motoring movie moments   As voted for by 1650 unique users at CAR OnlineClick on the movie title for CAR's film review, car trivia and video clips of the car scenes 40 - 31 30 - 21 20 - 11 10 - 1