By Tim Pollard
Motor Industry
01 July 2011 12:30
Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: auto news summaries are added from the top hour-by-hour
Friday 1 July 2011
⢠Bentley sales worldwide have jumped 20% in the first half of the year. It delivered 2978 autos from January to June 2011 - the best start to the year since 2008 (Bentley)
⢠Nick Reilly, chairman of Opel Vauxhall, vows the restructuring of GM Europe is ahead of schedule. But ANE reports that he failed to quash rumours that the GM mothership in Detroit plans to spin off its European arm - saying GM 'does not comment on speculation' (Automotive News Europe)
⢠New auto sales in France have fallen for the third consecutive month. Buyers snapped up 210,236 new vehicles, down 13% on last June - when the scrappage incentives were boosting sales (Automotive News Europe)
⢠Nissan CEO Carlos Ghosn received .46 million in renumeration last year, including salary and stock options. His income rose 10% after Nissan captured a record market share - and his salary is the highest of any Japanese auto maker, according to Bloomberg (Detroit News)
⢠Volkswagen has won approval to build two new factories in China. The plants in Foshan and Yizheng will assemble up to 300,000 vehicles a year, taking VW's Chinese factory count to 11 (Automotive News Europe)
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