Copyright (c) 2009 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/1102 business Business - Automotive en-us Fri, 03 Jul 2009 20:05:57 GMT 5 142 18 http://news.yahoo.com/i/1102 http://l.yimg.com/a/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090703/tc_afp/germanyautoproductcompanyvolkswagen afp/20090703/germanyautoproductcompanyvolkswagen AFP business Fri, 03 Jul 2009 20:05:57 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090703/tc_afp/germanyautoproductcompanyvolkswagen"><img src="http://d.yimg.com/a/p/afp/20090703/capt.photo_1246651515981-1-0.jpg?x=130&y=86&q=85&sig=u2PAchl1aP6Yryrb6RT2_Q--" align="left" height="86" width="130" alt="A view of the Volkswagen logo. Volkswagen hopes to turn out its first all-electric car in 2013, VW head Martin Winterkorn said Friday(AFP/File/Karen Bleier)" border="0" /></a>AFP - German auto maker Volkswagen hopes to turn out its first all-electric car in 2013, VW head Martin Winterkorn said Friday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090703/tc_afp/germanyautoproductcompanyvolkswagen"><img src="http://d.yimg.com/a/p/afp/20090703/capt.photo_1246651515981-1-0.jpg?x=130&y=86&q=85&sig=u2PAchl1aP6Yryrb6RT2_Q--" align="left" height="86" width="130" alt="photo" title="A view of the Volkswagen logo. Volkswagen hopes to turn out its first all-electric car in 2013, VW head Martin Winterkorn said Friday(AFP/File/Karen Bleier)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090703/ap_on_bi_ge/in_indiana_auto_industry ap/20090703/in_indiana_auto_industry AP business Fri, 03 Jul 2009 19:46:49 GMT AP - Cummins Inc. is recalling 400 laid-off workers as it resumes production at a Columbus factory, while nearly 300 people lost their jobs as an auto parts company idled a plant in nearby Shelbyville. http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090703/ap_on_bi_ge/us_meridian_automotive_layoffs ap/20090703/us_meridian_automotive_layoffs AP business Fri, 03 Jul 2009 17:49:54 GMT AP - Meridian Automotive Systems is idling a central Indiana factory, putting 295 people out of work. http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090703/bs_nm/us_opel nm/20090703/us_opel Reuters business Fri, 03 Jul 2009 14:15:38 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090703/bs_nm/us_opel"><img src="http://d.yimg.com/a/p/rids/20090703/i/r146884843.jpg?x=130&y=84&q=85&sig=1aeKzP7Q8dQvGfTcBi1eJA--" align="left" height="84" width="130" alt="A view of the main entrance of the Opel assembly plant in Antwerp June 15, 2009. REUTERS/Thierry Roge" border="0" /></a>Reuters - A Chinese automaker has offered to buy a stake in General Motors unit Opel, challenging a deal from Canadian auto parts supplier Magna, sources said on Friday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090703/bs_nm/us_opel"><img src="http://d.yimg.com/a/p/rids/20090703/i/r146884843.jpg?x=130&y=84&q=85&sig=1aeKzP7Q8dQvGfTcBi1eJA--" align="left" height="84" width="130" alt="photo" title="A view of the main entrance of the Opel assembly plant in Antwerp June 15, 2009. REUTERS/Thierry Roge" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090703/ap_on_bi_ge/us_gm_bankruptcy ap/20090703/us_gm_bankruptcy AP business Fri, 03 Jul 2009 09:44:14 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090703/ap_on_bi_ge/us_gm_bankruptcy"><img src="http://d.yimg.com/a/p/ap/20090703/capt.0f011ae00eae40b09d948c0397c9fc9d.gm_bankruptcy_ny111.jpg?x=130&y=88&q=85&sig=QUvnnICFUoXzakDTQh.7AQ--" align="left" height="88" width="130" alt="File - A pickup truck moves by the main entrance to the General Motors plant in Doraville, Ga. in this November 21, 2005 file photo. General Motors Corp. may have to wait out the long holiday weekend to learn if its bankruptcy plan is moving forward, after U.S. Judge Robert Gerber adjourned a three-day hearing Thursday July 2, 2009 without indicating when he will rule on GM's plan to sell its good assets to a new company. The remaining pieces of the company, including some closed plants, will become the 'Old GM' and will be liquidated. (AP Photo/Gene Blythe, File)" border="0" /></a>AP - General Motors Corp. may have to wait out the long holiday weekend to learn if its bankruptcy plan is moving forward, after U.S. Judge Robert Gerber adjourned a three-day hearing without indicating when he will rule on GM's plan to sell its good assets to a new company.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090703/ap_on_bi_ge/us_gm_bankruptcy"><img src="http://d.yimg.com/a/p/ap/20090703/capt.0f011ae00eae40b09d948c0397c9fc9d.gm_bankruptcy_ny111.jpg?x=130&y=88&q=85&sig=QUvnnICFUoXzakDTQh.7AQ--" align="left" height="88" width="130" alt="photo" title="File - A pickup truck moves by the main entrance to the General Motors plant in Doraville, Ga. in this November 21, 2005 file photo. General Motors Corp. may have to wait out the long holiday weekend to learn if its bankruptcy plan is moving forward, after U.S. Judge Robert Gerber adjourned a three-day hearing Thursday July 2, 2009 without indicating when he will rule on GM's plan to sell its good assets to a new company. The remaining pieces of the company, including some closed plants, will become the 'Old GM' and will be liquidated. (AP Photo/Gene Blythe, File)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090703/sc_afp/japanautohybridsafety afp/20090703/japanautohybridsafety AFP business Fri, 03 Jul 2009 06:05:11 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090703/sc_afp/japanautohybridsafety"><img src="http://d.yimg.com/a/p/afp/20090703/capt.photo_1246601066379-1-0.jpg?x=130&y=94&q=85&sig=Ti9INaNyp6ridsGmcfpXSA--" align="left" height="94" width="130" alt="A customer admires a Honda Motor's hybrid vehicle at a showroom in Tokyo. Japan's near-silent hybrid cars have been called dangerous by the vision-impaired and some users, prompting a government review on whether to add a noise-making device, according to an official.(AFP/File/Yoshikazu Tsuno)" border="0" /></a>AFP - Japan's near-silent hybrid cars have been called dangerous by the vision-impaired and some users, prompting a government review on whether to add a noise-making device, according to an official.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090703/sc_afp/japanautohybridsafety"><img src="http://d.yimg.com/a/p/afp/20090703/capt.photo_1246601066379-1-0.jpg?x=130&y=94&q=85&sig=Ti9INaNyp6ridsGmcfpXSA--" align="left" height="94" width="130" alt="photo" title="A customer admires a Honda Motor's hybrid vehicle at a showroom in Tokyo. Japan's near-silent hybrid cars have been called dangerous by the vision-impaired and some users, prompting a government review on whether to add a noise-making device, according to an official.(AFP/File/Yoshikazu Tsuno)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090702/ap_on_bi_ge/cn_canada_ford_sales ap/20090702/cn_canada_ford_sales AP business Thu, 02 Jul 2009 23:46:14 GMT AP - Ford Motor Co. of Canada Ltd. has claimed the top spot in Canadian vehicle sales in June for the first time in 50 years, the company reported Thursday. http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090702/ap_on_bi_ge/us_automakers_bankruptcy_glance ap/20090702/us_automakers_bankruptcy_glance AP business Thu, 02 Jul 2009 22:33:17 GMT AP - A summary of developments in the Chapter 11 bankruptcy cases of General Motors Corp. and Chrysler LLC: http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090702/bs_nm/us_gm_sale nm/20090702/us_gm_sale Reuters business Thu, 02 Jul 2009 21:57:14 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090702/bs_nm/us_gm_sale"><img src="http://d.yimg.com/a/p/rids/20090702/i/r584128995.jpg?x=97&y=130&q=85&sig=H2TqPENEyAzXOdkVE5UdSg--" align="left" height="130" width="97" alt="Fritz Henderson, Chief Executive Officer of General Motors Corp, enters the U.S. Bankruptcy Court in New York July 1, 2009. REUTERS/Brendan McDermid" border="0" /></a>Reuters - A federal bankruptcy judge will decide the immediate fate of General Motors Corp's effort to quickly sell its best assets to a group funded by the U.S. government, after a three-day court hearing concluded on Thursday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090702/bs_nm/us_gm_sale"><img src="http://d.yimg.com/a/p/rids/20090702/i/r584128995.jpg?x=97&y=130&q=85&sig=H2TqPENEyAzXOdkVE5UdSg--" align="left" height="130" width="97" alt="photo" title="Fritz Henderson, Chief Executive Officer of General Motors Corp, enters the U.S. Bankruptcy Court in New York July 1, 2009. REUTERS/Brendan McDermid" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090702/bs_afp/autocompanyusbankruptcygmcourt afp/20090702/autocompanyusbankruptcygmcourt AFP business Thu, 02 Jul 2009 21:07:35 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090702/bs_afp/autocompanyusbankruptcygmcourt"><img src="http://d.yimg.com/a/p/afp/20090702/capt.photo_1246346710002-4-0.jpg?x=130&y=87&q=85&sig=VTIKSZYHlsfngV0ch7lpcA--" align="left" height="87" width="130" alt="The fate of General Motors was placed in the hands of a New York judge Thursday who must decide whether the largest US automaker can execute a swift exit from bankruptcy protection by selling its best assets to a new company.(AFP/File/Patrick Hertzog)" border="0" /></a>AFP - The fate of General Motors was placed in the hands of a New York judge Thursday who must decide whether the largest US automaker can execute a swift exit from bankruptcy protection by selling its best assets to a new company.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090702/bs_afp/autocompanyusbankruptcygmcourt"><img src="http://d.yimg.com/a/p/afp/20090702/capt.photo_1246346710002-4-0.jpg?x=130&y=87&q=85&sig=VTIKSZYHlsfngV0ch7lpcA--" align="left" height="87" width="130" alt="photo" title="The fate of General Motors was placed in the hands of a New York judge Thursday who must decide whether the largest US automaker can execute a swift exit from bankruptcy protection by selling its best assets to a new company.(AFP/File/Patrick Hertzog)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090702/bs_nm/us_opel_beijingautomotive nm/20090702/us_opel_beijingautomotive Reuters business Thu, 02 Jul 2009 18:27:11 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090702/bs_nm/us_opel_beijingautomotive"><img src="http://d.yimg.com/a/p/rids/20090702/i/r818316243.jpg?x=130&y=88&q=85&sig=5kgxhiBJyHB4pSOzm9WoDw--" align="left" height="88" width="130" alt="Employees arrive at the Opel assembly plant in Antwerp June 15, 2009. REUTERS/Thierry Roge" border="0" /></a>Reuters - Magna's (MGa.TO) board of directors is scheduled to approve on Tuesday a business plan for the acquisition of German carmaker Opel, two sources familiar with the matter said on Thursday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090702/bs_nm/us_opel_beijingautomotive"><img src="http://d.yimg.com/a/p/rids/20090702/i/r818316243.jpg?x=130&y=88&q=85&sig=5kgxhiBJyHB4pSOzm9WoDw--" align="left" height="88" width="130" alt="photo" title="Employees arrive at the Opel assembly plant in Antwerp June 15, 2009. REUTERS/Thierry Roge" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090702/bs_nm/us_opel_magna nm/20090702/us_opel_magna Reuters business Thu, 02 Jul 2009 16:02:17 GMT Reuters - Magna (MGa.TO) expects to resolve the last few issues holding up its takeover of German carmaker Opel from former parent General Motors by Tuesday, two sources familiar with the matter said on Thursday. http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090702/ts_alt_afp/usautosales afp/20090702/usautosales AFP business Thu, 02 Jul 2009 09:11:28 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090702/ts_alt_afp/usautosales"><img src="http://d.yimg.com/a/p/afp/20090702/capt.photo_1246523101555-2-0.jpg?x=130&y=86&q=85&sig=yq40RFySZTyMLbzPBWDmlg--" align="left" height="86" width="130" alt="Cars are pictured at a Ford dealership in Miami, Florida. Automakers have welcomed a 28 percent drop in US auto sales in June as a sign that the badly hit industry was stabilizing and expressed hope that a government-funded "cash for clunkers" program would drive vehicle sales in July.(AFP/Getty Images/File/Joe Raedle)" border="0" /></a>AFP - Automakers welcomed a 28 percent drop in US auto sales in June as a sign that the badly hit industry was stabilizing and expressed hope that a government-funded "cash for clunkers" program would drive vehicle sales in July.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090702/ts_alt_afp/usautosales"><img src="http://d.yimg.com/a/p/afp/20090702/capt.photo_1246523101555-2-0.jpg?x=130&y=86&q=85&sig=yq40RFySZTyMLbzPBWDmlg--" align="left" height="86" width="130" alt="photo" title="Cars are pictured at a Ford dealership in Miami, Florida. Automakers have welcomed a 28 percent drop in US auto sales in June as a sign that the badly hit industry was stabilizing and expressed hope that a government-funded "cash for clunkers" program would drive vehicle sales in July.(AFP/Getty Images/File/Joe Raedle)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090702/ap_on_bi_ge/as_japan_hitachi ap/20090702/as_japan_hitachi AP business Thu, 02 Jul 2009 04:27:00 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090702/ap_on_bi_ge/as_japan_hitachi"><img src="http://d.yimg.com/a/p/ap/20090628/capt.cdc6c21f7fa04e98b1442134b4a8216d.gm_bankruptcy_ny110.jpg?x=130&y=92&q=85&sig=cVplQ3N2UCo9Ezfb1bLe9Q--" align="left" height="92" width="130" alt="FILE - In this Dec. 12, 2008 file photo, the General Motors logo is seen outside the GM headquarters in downtown Detroit. General Motors Corp. has agreed to take on responsibility for future product liability claims, according to documents filed in federal bankruptcy court in New York on Friday June 26, 2009. The new company will now assume responsibility for future claims involving vehicles made by the old company. (AP Photo/Carlos Osorio, File)" border="0" /></a>AP - Japanese electronics maker Hitachi Ltd. said Thursday it will supply lithium-ion batteries for hybrid vehicles to General Motors Corp. in 2010 and sharply raise production capacity to meet surging demand for gas-electric cars.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090702/ap_on_bi_ge/as_japan_hitachi"><img src="http://d.yimg.com/a/p/ap/20090628/capt.cdc6c21f7fa04e98b1442134b4a8216d.gm_bankruptcy_ny110.jpg?x=130&y=92&q=85&sig=cVplQ3N2UCo9Ezfb1bLe9Q--" align="left" height="92" width="130" alt="photo" title="FILE - In this Dec. 12, 2008 file photo, the General Motors logo is seen outside the GM headquarters in downtown Detroit. General Motors Corp. has agreed to take on responsibility for future product liability claims, according to documents filed in federal bankruptcy court in New York on Friday June 26, 2009. The new company will now assume responsibility for future claims involving vehicles made by the old company. (AP Photo/Carlos Osorio, File)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_autos_sales nm/20090701/us_autos_sales Reuters business Wed, 01 Jul 2009 22:28:35 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_autos_sales"><img src="http://d.yimg.com/a/p/rids/20090701/i/r2891897372.jpg?x=130&y=86&q=85&sig=vWB0rHxXuQ2F28e59BbYoQ--" align="left" height="86" width="130" alt="A line of Ford autos wait for delivery at the Sill-TerHar Motors Ford dealer in Broomfield, Colorado June 2, 2009. REUTERS/Rick Wilking" border="0" /></a>Reuters - U.S. auto sales tumbled 28 percent in June, the narrowest decline in nine months, as Ford Motor Co stole market share from its rivals.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_autos_sales"><img src="http://d.yimg.com/a/p/rids/20090701/i/r2891897372.jpg?x=130&y=86&q=85&sig=vWB0rHxXuQ2F28e59BbYoQ--" align="left" height="86" width="130" alt="photo" title="A line of Ford autos wait for delivery at the Sill-TerHar Motors Ford dealer in Broomfield, Colorado June 2, 2009. REUTERS/Rick Wilking" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/us_auto_sales ap/20090701/us_auto_sales AP business Wed, 01 Jul 2009 22:14:00 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/us_auto_sales"><img src="http://d.yimg.com/a/p/ap/20090701/capt.505ce75e86304d47a7630737df46d54f.auto_sales_ford_codz216.jpg?x=130&y=78&q=85&sig=NlQMDHkCqTuf8JgD7CTbqw--" align="left" height="78" width="130" alt="In this June 28, 2009 photo, 2010 Mustangs and Mustang GT's sit at a Ford dealership in the Colorado city of Centennial. Executives at Ford Motor Co. were starting to party Wednesday, July 1, as the company reported its smallest sales decline since July of last year, a big sign that U.S. auto sales may be recovering from the worst slump in 27 years. (AP Photo/David Zalubowski)" border="0" /></a>AP - After a yearlong free fall in the American car market, the decline of sales slowed in June, offering hope to automakers that the bottom has been reached and more shoppers may slowly start returning to showrooms soon.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/us_auto_sales"><img src="http://d.yimg.com/a/p/ap/20090701/capt.505ce75e86304d47a7630737df46d54f.auto_sales_ford_codz216.jpg?x=130&y=78&q=85&sig=NlQMDHkCqTuf8JgD7CTbqw--" align="left" height="78" width="130" alt="photo" title="In this June 28, 2009 photo, 2010 Mustangs and Mustang GT's sit at a Ford dealership in the Colorado city of Centennial. Executives at Ford Motor Co. were starting to party Wednesday, July 1, as the company reported its smallest sales decline since July of last year, a big sign that U.S. auto sales may be recovering from the worst slump in 27 years. (AP Photo/David Zalubowski)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/us_bmw_sales ap/20090701/us_bmw_sales AP business Wed, 01 Jul 2009 20:16:21 GMT AP - German automaker BMW Group said Tuesday that June U.S. sales declined 20.3 percent because of soft demand for its various models. http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/us_mitsubishi_sales ap/20090701/us_mitsubishi_sales AP business Wed, 01 Jul 2009 20:14:00 GMT AP - Mitsubishi Motors North America said Wednesday its sales dropped 41.7 percent in June compared with the same month a year ago, although sales fell at a slower pace than in the previous month. http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/us_toyota_sales ap/20090701/us_toyota_sales AP business Wed, 01 Jul 2009 19:02:19 GMT AP - Toyota Motor Sales USA Inc. said Wednesday its June auto sales slid 27 percent driven by a steep decline across most major models. http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090701/bs_afp/usautosalescompanygm afp/20090701/usautosalescompanygm AFP business Wed, 01 Jul 2009 18:43:42 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090701/bs_afp/usautosalescompanygm"><img src="http://d.yimg.com/a/p/afp/20090701/capt.photo_1246473382705-1-0.jpg?x=130&y=88&q=85&sig=HYWblauupmSGABee2vmPtQ--" align="left" height="88" width="130" alt="A bridge adourned with General Motors' logo in Baltimore, Maryland. General Motors posted a 34 percent drop in June sales Wednesday but said it had managed to increase its retail sales for the fourth consecutive month despite seeking bankruptcy protection.(AFP/Getty Images/File/Chip Somodevilla)" border="0" /></a>AFP - General Motors posted a 34 percent drop in June sales Wednesday but said it had managed to increase its retail sales for the fourth consecutive month despite seeking bankruptcy protection.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/automotive/*http://news.yahoo.com/s/afp/20090701/bs_afp/usautosalescompanygm"><img src="http://d.yimg.com/a/p/afp/20090701/capt.photo_1246473382705-1-0.jpg?x=130&y=88&q=85&sig=HYWblauupmSGABee2vmPtQ--" align="left" height="88" width="130" alt="photo" title="A bridge adourned with General Motors' logo in Baltimore, Maryland. General Motors posted a 34 percent drop in June sales Wednesday but said it had managed to increase its retail sales for the fourth consecutive month despite seeking bankruptcy protection.(AFP/Getty Images/File/Chip Somodevilla)" border="0"/></a></p><br clear="all"/> (AFP)