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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.
Fifth Gear Car of the Year 2010
Mon, 13 Dec 2010Citroen DS3 Fifth Gear Small Car of the Year We recently reported on Top Gear’s 2010 Car of the Year Awards which saw our very own favourite small car of the year – the Citroen DS3 – taking the honours from TG. But it hasn’t stopped there for the DS3. Fifth Gear has now declared the Citroen DS3 to be their favourite small car of the year too.
Ferrari SA Aperta (2010) - the 599 roadster unveiled
Fri, 24 Sep 2010Ferrari today unveiled the new SA Aperta – the long-awaited Ferrari 599 roadster. It's a limited edition and just 80 will be built globally, one for each of the years styling house Pininfarina's been in business.This explains the Ferrari SA Aperta name: the SA part of the badge honours Sergio and Andrea Pininfarina, whose company has a long history of designing the most beautiful Ferraris. Aperta means open in Italian, signifying the baked bean tin opener has been deployed in Modena.Ferrari SA Aperta in detailThe Ferrari SA Aperta will be unveiled formally at the 2010 Paris motor show on 30 September, where the full spec will be announced.
