Workers at Fiat’s Mirafiori factory narrowly back a new contract that limits their ability to strike in exchange for 1 billion euros of new investment.

Chevrolet Volt news headline from General Motors:
The first Chevrolet Volt available for retail sale will be offered at public auction with the proceeds benefiting math and sciences education in the Detroit Public Schools.
“Every aspect of the Volt – from its aerodynamic shape to its battery chemistry – is a testament to the importance of math [...]

BMW recalls cars due to faulty fuel pump. Some of the cars effected by this are cars and suv’s with twin turbo in line 6 cylinder engines with direct fuel injection system.

Renault shares jumped almost 10 percent after the French car maker sold most of its stake in Sweden’s Volvo, netting just over 3 billion euros.

At the Paris Car Show, global car makers show off their newest models which they hope will boost sales and give them access to booming emerging markets.

Alan Mulally sees success ahead for the U.S. car firm as it ventures into emerging markets and works to improve infrastructure conditions for electric vehicles.

German luxury car maker Daimler is expanding its cooperation with Renault and Nissan to develop electric cars in a race to meet tightening emission reduction rules.

Nissan plans to spend $600 million to upgrade its Mexican plants, positioning the country to become a key supply hub.

Ford is hoping its leaner and greaner new Explorer SUV will add more power to its profits by bringing consumers back in an overall sagging market.

Paul Batista
Instant Wheels Editor, InstantPride.com
This is a significant automotive headline: Chevrolet has announced a purchase price for the Volt.  The MSRP will be $41,000, according to General Motors.  Some owners may qualify for tax credits that could equal $7,500.  And, Volt drivers in some states may qualify for High-Occupancy Vehicle (HOV) lane access, which allows [...]