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msnbc.com: Autos Fri, 30 Jul 2010 20:05:25 GMT

Obama selling auto bailout good news
President Barack Obama on Friday heralded the recent turnaround for U.S. automakers, arguing that thousands of jobs and increased production vindicate his unpopular decision to bailout the industry.
GM hikes production capacity for Volt by 50 pct
General Motors said Friday that it is boosting production capacity for its new Chevrolet Volt due to strong public interest in the electric car that goes on sale this year.
Toyota recalling 412,000 vehicles in U.S. Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported, the automaker said Thursday.
UAW boss: GM will apply in August to file IPO United Auto Workers President Bob King says that General Motors Co. will file paperwork in mid-August to start the process of selling stock to the public.
X-Prize rolls down to wire after a long road
It’s down to the wire for the Progressive Insurance Automotive X-Prize — a competition announced in April 2008 as a way to spur the development of clean, high-mileage vehicles.
GM, Nissan compete for best electric car deal
Just over a decade ago, electric cars were expensive niche vehicles. Now, Nissan and General Motors are competing to sell the most affordable electric car to middle-class America.