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GM, Ford, Chrysler advance as market recovers from May dip

Automakers, aided by a rise in pickup demand and new models such as the Chevrolet Cruze, Fiat 500 and Ford Focus small cars, posted higher U.S. sales in June. Sales rose 11 percent at GM, with car demand climbing 28 percent and pickup truck volume up 15 percent.

2013 Australian Motor Show axed

This year’s Australian Motor Show in Melbourne has been cancelled by its organizers three months before its planned opening. Falling attendance figures played a big part in taking the decision, as did what is seen as a lack of manufacturer support. The Australian International Motor Show Joint Venture's event director Russ Tyrie said the decision was taken "based on a consensus view of the automotive industry to focus limited marketing budgets in 2013 on firm-specific activities, rather than an industry-based motor show." The Volkswagen Group's decision not to attend may well have acted as the final nail in the coffin along with Hyundai's hesitancy despite initial support.

Toyota will recall 2.3 million more vehicles for sticking accelerators

Toyota Motor Corp. will recall millions more vehicles in the United States, its second large recall in four months, this time to fix potentially faulty accelerator pedals. The newest recall, covering 2.3 million vehicles, means some Toyota owners will be affected by both notices.