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Chevy will use World Series to pitch Volt's debut

Chevrolet will use next month's World Series to launch ads for the debut of the Volt plug-in hybrid sedan, General Motors Co.'s marketing chief Joel Ewanick said. The ads will be part of a broad campaign that Chevrolet will initiate during Major League Baseball's fall classic and run throughout autumn, said Ewanick, who spoke on the sidelines of the Rainbow PUSH auto summit in Detroit. Ewanick declined to give details of the Volt commercials or the broader Chevrolet campaign.

Hot Wheels cars inventor Elliot Handler dies

Elliot Handler,the inventor of Hot Wheels die-cast toy cars, died July 21 at his home in Southern California. He was 95 years old. Handler and his wife, Ruth, and family friend Matt Matson founded the Mattel toy company in 1945.

GM signs deal to sell Hummer to Chinese company

General Motors Co. has inked a deal to sell its premium off-road brand Hummer to a Chinese industrial company. GM said on Friday that it has a definitive agreement with Sichuan Tengzhong Heavy Industrial Machinery Co.