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GM to keep GMC, Pontiac, exec says

A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.

Barrett-Jackson undergoes independent audit of 2008-09 auction results

Barrett-Jackson Auction Co. is opening the books on its 2008-09 auction season for an independent review by auditors from Deloitte & Touche. The auditors will examine Barrett-Jackson's auction practices, including its consignment process, bidder qualification procedures, adherence to contract sale terms and proper, timely and accurate payment to sellers.

Geneva motor show 2010: the CAR Live blog

Welcome to the CAR Live Blog – bringing you all the action live from the 2010 Geneva motor show floor. Read on for updates of all the news, unveilings and launches as they happen 24/7, reported by Tim Pollard (TP), Ben Pulman (BP), Sarah-Jayne Harrison (SJH) and CAR reader reporter Mark Hamilton (MH) who's flown in from New Zealand especially for the show. NB We'll be adding the latest Geneva motor show posts at the top in blog format, so read from the bottom up for the correct chronology.