Yamaha 700 Raptor Steering Stem Mount Clamp #36 2007 on 2040-parts.com

News watch June 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 June 2010• Tesla shares have rocketed 40% on their first day of trading; the company went public this week with the first IPO of an American car company since Ford in the 1950s (BBC News)• GM may sell off its interests in finance arm GMAC and parts supplier Delphi as it seeks to write down its debts (Financial Times)• A Federal judge has approved the $20m sale of a former GM plant in Wilmington to Fisker Automotive; Fisker hopes to build 100,000 cars a year once production hits a peak after launch in 2012. It is using a $529m government loan to fund its launch (Detroit News)Tuesday 29 June 2010• UK business secretary Vince Cable has warned that the car industry is no longer in an emergency – and cannot expect direct government support.

New Mercedes A-Class Price & Model lineup announced

Mercedes-Benz has revealed the model linup and prices for the new (2013) A-Class. Starts at £18,945 for the  A180 BlueEFFICIENCY. The new Mercedes A-Class has been promising a lot since it was first officially revealed at the Geneva Motor Show in March, and it looks like that promise is going to be reinforced by some surprisingly keen pricing.

Supercar owners hire runway to find top speed

“What’s the point of owning a supercar,” some might say. “You’ll never be able to reach its full performance potential on the road.” And while that’s true, there is an alternative to risking your driving licence if you buy a car like the new McLaren 650S or Lamborghini Huracan. Essentially, someone hires a private runway, and invites a load of supercar owners to drive as fast as they can before running out of tarmac.