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Toyota, Honda lead U.S. industry to 22 percent gain

U.S. light-vehicle sales, paced by Toyota and Honda, rose 22 percent in June as U.S. consumers continued to shake off economic jitters and replace aging cars and light trucks.

First Sight: Audi A3 Interior Revealed at CES [w/video]

It says a lot about where the automotive industry is today that Audi chose to unveil the new A3 interior here in CES, rather than a few days earlier at the North American International Auto Show in Detroit. In the process the firm also inadvertently unveiled the exterior design of the next generation of the 3-door hatch through the high quality renderings used in the menus of the new MMI system. The new MMI system comes with an enlarged, raised center clickwheel that is topped by a touchpad.

GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.