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News watch June 2010: today's auto industry news
Wed, 30 Jun 2010Welcome 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.
Tesco to sell Used Cars
Fri, 04 Feb 2011Tesco to sell Used cars Last time we looked, Tesco had broken the £1 billion a week sales barrier. It accounts for something daft like one pound in seven spent in the UK. And we worry about Murdoch?
Jenson Button takes pole for McLaren at Spa
Sat, 01 Sep 2012Jenson Button has driven his McLaren to a convincing pole position for tomorrow’s F1 Belgian Grand Prix at Spa-Francorchamps. Believe it or not, Jenson Button hasn’t had a pole position for McLaren. Or at least he hadn’t until today when he crushed the competition to take pole in tomorrow’s Spa Grand Prix.