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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.

Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.

Future products: Coupe in Subaru's pipeline will be an image booster

Subaru plans to extend its lineup in late 2011 or early 2012 by adding a sporty coupe developed with Toyota. Also, an Impreza hybrid that uses technology from Toyota is expected in 2012. Toyota now owns about 17 percent of Subaru.