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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.

F1 drivers supporting Schumacher

F1 DRIVERS from around the world have wished Michael Schumacher a full recovery as he lies in a coma after a skiing accident in France. Martin Brundle, who was Schumacher's team-mate at Benetton in 1992 and 1993, tweeted: "Let's hope Michael Schumacher's ski shunt is not too bad and that he's totally fixable. He's a crazy brave skydiving/bike racing daredevil." Hours later, when the full extent of Schumacher's injuries had become clear, he urged: "Come on Michael, give us one of those race stints at pure qualifying pace to win through, like you used to.

2013 facelift for the Mercedes E Class & Estate revealed

The 2013 Mercedes E Class and E Class Estate get a facelift with updates to the styling and engines and higher levels of equipment. The restyling of the 2013 E-Class is surprisingly comprehensive for what amounts to a mid-life facelift, with new single headlights replacing the old split lights, new grill – with the choice of a traditional grill or a sporty version (think SLC grill) – new bumpers, new bonnet, smoother haunches and a crease line down the side all the way to the new LED tail lights. Inside, the new E Class gets two part trim the extends right across the dash in either wood (if you’re old) or aluminium (if you’re not), new analogue clock in the middle between the air vents, new instrument cluster, new air vents, new centre console  and new steering wheel with a Direct Select lever and flappy paddles.