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Jun
30th

U.S. House approves regulatory finance bill as Senate delays vote

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The U.S. House of Representatives approved the financial-overhaul bill, moving a step closer to enacting the broadest rewrite of Wall Street rules since the Great Depression. Full story...
Jun
30th

Toyota sues Group 1 to block dealer acquisitions in S.C.

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Toyota Motor Sales sued Group 1 Automotive to block the Houston dealership chain's plans to acquire Lexus and Toyota stores in Charleston, S.C. Group 1 Automotive Inc. said tonight it plans to challenge the lawsuit filed late Tuesday by Toyota in U. Full story...
Jun
30th

Workers at GM’s Nexteer unit approve new concessions

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New contract adds health care coverage for the families of new hires instead of just single worker coverage - paving way for possible sale of the unit. Full story...
Jun
30th

Range Rover unveils new SUV on Thursday:

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Range Rover turns 40 on Thursday. And to celebrate, it plans to unveil a new compact SUV during an event in London. You can watch it here, beginning at 3:30 p.m. Eastern. Full story...
Jun
30th

Trimmed-down Affinia ready to raise up to $230 million in IPO

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Timing of automotive replacement parts maker's IPO has been aided by the poor economy. Consumers are keeping their cars longer, and need to spend more on maintenance and replacement parts. Full story...
Jun
30th

2010 Suzuki Kizashi GTS, an AW Drivers Log:

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COPY/PRODUCTION CHIEF WENDY WARREN KEEBLER: Iand#8217;ve driven our long-term Kizashi recently, and Iand#8217;m quite surprised at how much nicer this one is (for less money?). Full story...
Jun
30th

GM to expand Volt launch markets to include New York, Texas, report says:

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General Motors Co. is expanding the launch of the Chevrolet Volt hybrid car to markets in the New York region and Austin, Texas, the Wall Street Journal reported on Wednesday. Full story...
Jun
30th

1970 Chevelles fetch top dollar at Barrett-Jackson auction:

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The muscle-bound favorite of enthusiasts and boulevard cruisers everywhere, the 1970 Chevrolet Chevelle, returned in force at the Barrett-Jackson Orange County Collector Car Auction, June 25-27. Full story...
Jun
30th

GM to expand Volt launch markets to include New York, Texas, report says

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The amended markets, in New York and in Austin, Texas, will allow GM to showcase its research and engineering efforts in the nation's biggest media market, and in proximity to Wall Street, as well as truck-loving customers in Texas. Full story...
Jun
30th

GM to build new truck in Thailand for export to Europe, Asia

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The automaker expects to sell at least 100,000 midsize Chevrolet trucks in Europe and parts of Southeast Asia as the brand makes its first push into the two regional pickup markets. Full story...
Jun
30th

Ferrari amps up the 599, and the creator of the Smart car dies, in News Brake for Wednesday, June 30:

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In Today's News Brake, Ferrari amps up the 599, the creator of the Smart car dies, and McLaren takes on the Goodwood Festival of Speed . . . But Wait, There's More! Full story...
Jun
30th

COMMENT: Retro regression

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News today the Chrysler PT Cruiser is finally for the chop is no surprise. We've been here before, at least once a year the last few years, but this time it's terminal. Full story...
Jun
30th

RUSSIA: IzhAvto set to restart production

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Bankrupt Russian carmaker IzhAvto could resume production of AvtoVAZ's core Lada models by the end of September, reports the Prime Tass news service. Full story...
Jun
30th

US: Investigators seek clarification on Toyota brake systems

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US Congressional investigators are seeking more information about advanced brake technology used as a remedy for unintended acceleration in Toyota vehicles. Full story...
Jun
30th

COMMENT: French first aid

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News that the French government has stepped in today (30 June) to ease the takeover of parts supplier Heuliez will no doubt come as a huge relief to the 481 employees, whose jobs appear to have been saved. Full story...
Jun
30th

US: End of line for PT Cruiser

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The last Chrysler PT Cruiser will roll off the assembly line in less than two weeks, signaling the end of the run for the retro-look model. Full story...
Jun
30th

BMW may invest $1 billion in Mexican auto suppliers, minister says

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BMW AG, the world's largest maker of luxury cars, may invest more than $1 billion in Mexico to prepare local auto-parts companies to boost supplies to its U.S. plants, Mexican Economy Minister Gerardo Ruiz Mateos said. Full story...
Jun
30th

BMW may invest $1 billion in Mexican auto suppliers, minister says

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BMW AG, the world's largest maker of luxury cars, may invest more than $1 billion in Mexico to prepare local auto-parts companies to boost supplies to its U.S. plants, Mexican Economy Minister Gerardo Ruiz Mateos said. Full story...
Jun
30th

McLaren MP4-12C to charge hill at Goodwood with Button and Hamilton at the wheel:

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The McLaren MP4-12C will make its much-anticipated public debut at Goodwood, and yet another advanced prototype will charge up the famous hill in the supercar portion of the event--driven by none other than McLaren Formula One stars Jenson Button... Full story...
Jun
30th

McLaren MP4-12C to charge hill at Goodwood with Jenson Button and Lewis Hamilton at the wheel:

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The McLaren MP4-12C will make its much-anticipated public debut at Goodwood, and yet another advanced prototype will charge up the famous hill in the supercar portion of the event--driven by none other than McLaren Formula One stars Jenson Button... Full story...
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