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New UK business secretary Vince Cable has welcomed news that General Motors has signed a series of deals worth more than GBP100m (US$151m). Full story...

Faurecia has signed an agreement to acquire tier one supplier Plastal Spain which makes exterior parts for the automotive industry. Full story...

Would you buy a car from a carmaker that sells only US$109,000 electric sportscars based on a Lotus design, has burned through US$230.5m in cash since its July 2003 start, posted losses every quarter since, and will have a gap in its line between the final roadster and a planned, cheaper, luxury electric sports sedan due in 2010? Probably not, which explains the film star, musician and well-heeled electric car fan base to date. But, would you buy a slice of the carmaker? This week's IPO said a resounding 'yes'. Full story...

Based on a C63 AMG Mercedes has given its flagship C-Class the ultimate sports makeover.

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U.S. light-vehicle sales rose 14 percent in June, with major automakers posting some of their smallest gains of the year amid signs of sagging consumer confidence and a cloudier economic outlook. Ford Motor Co.' Full story...

Production LRX officially revealed. Name confirmed as Range Rover Evoque. Full story...

French parts supplier Heuliez's new owners Baelen de Gaillard Industries (BGI) has said it will continue the company's stamping expertise, among other auto activities. Full story...

More than a quarter-million Toyota cars sold worldwide--including many Lexus cars--have engines that may suddenly stall while the car is moving, Toyota said on Thursday. Full story...

Will a V8 lessen the bite of the Audi R8 spyder? Full story...

Faurecia has announced that it will take an 18.75% stake in Xuyang Group, an automotive supplier. Full story...

Tata Motors and IndusInd Bank have inked a deal to provide channel finance facilities to Tata dealers. Full story...

Perhaps feeling a bit of chutzpah after a wildly successful stock offering this week, Tesla is demonstrating on Thursday that it still has an eye toward product, revealing the updated Tesla Roadster. And it's available for order now. Full story...

Weakness in new vehicle retail sales experienced during the first half of June has progressed at an accelerated rate through the remainder of the month, pulling the retail selling rate below 8.5m, according to JD Power and Associates, which gathers real-time transaction data from more than 8,900 retail franchisees throughout the United States. Full story...

Car sales in Spain, where the government has launched tough reforms to correct a debt crisis, surged 25.6% year on year in June, trade data showed on Thursday. Full story...

Indian car market leader Maruti Suzuki sold 88,091 vehicles in June 2010, including 15,279 export units. Full story...

2009 BMW 750Li - Four Seasons Wrap-Up - July 2010

Three weddings and a funeral.

It's no surprise that this limousine-sized BMW 750Li spent the last year serving as our favorite escort to formal events. It attended three weddings and a funeral, even acting as the matrimonial limo for one happy bride and groom. But those trips alone account for only part of the 38,739 miles this large barge gobbled up during the last four seasons - a far greater number of miles than we put on most sedans.

Photo Gallery: 2009 BMW 750Li - BMW Long Term Review - Automobile Magazine

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Nissan has said that it had begun to export its new Micra (March) small car from Thailand to Japan and other countries in Asia-Pacific. Full story...

The German automotive industry published 2,210 job offers between January and May, which is an increase of a third compared with a year ago, according to the local Adecco index. Full story...

Indian supplier Steel Strips Wheels boosted wheel rim sales 32% year on year in June. Full story...

BMW has named Erich Ebner von Eschenbach the next boss of its financing unit. Full story...