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November auto sales jump 17 percent as market gains strength

U.S. car and truck sales jumped 17 percent last month, raising hopes the industry will end 2010 on a high note while creating momentum for the new year. Light vehicle sales rose to 873,407 units in November, for the market's 11th advance in the past 12 months.

Infiniti at the Paris motor show 2008

By Ben Pulman Motor Shows 02 October 2008 09:35 Infiniti kicked off its Mondial de l'Automobile on the eve of the show by opening its Parisian dealership, the brand's first showroom in Western Europe. Sales started in Russia in 2006, but this was our first taste of how Nissan is going to scale Fortress Premium.  On the Avenue de Versailles, in an understated (and perhaps – whisper it – sterile bland) showroom and slap-bang next to a BMW dealer, executive vice president of Nissan Carlos Tavares outlined Infiniti’s ambitious expansion plans and confirmed new models for Europe. The range starts with the G37, which comes as a 3-series rival in saloon and coupe form, and our first drive of the latter confirmed it as a credible BMW rival.

General Motors CEO Rick Wagoner to quit, reports say

General Motors CEO Rick Wagoner is about to resign after eight years as the Obama administration prepares to decide on the automaker's request for additional government rescue loans, two people familiar with the matter said. A senior Obama administration official told NBC's John Yang that Wagoner, 56, was asked to step down by the White House. The automaker, which has lost about $82 billion since 2004, awaits word Monday from President Obama on a request for as much as $16.6 billion in additional U.S.