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GM dumps cash on Flint, automakers battle fuel economy plans and Volvo pumps ...

1st gear: General Motors confirmed that it will pass $ 328 million to upgrade its Flint, Michigan, plant to build the next generation of its full-size pickup should begin no earlier than 2013. The move will "add or save" 150 jobs at the factory workers of 2100, says The Detroit News. The plant is already running two shifts, and GM expects a third quarter of next month, which could add 750 additional jobs.

2nd speed: While the broad outlines of the battle over the future of the United Statesfuel economy rules never really change - Manufacturers want less strict rules whether federal regulators or officials California - a few key details begin to emerge. A new wrinkle the Wall Street Journal: Instead of setting the automatic increases to 2025, the next set of rules could include a circuit breaker in the year 2020 that would require regulators to consider whether the technology is changing faster than expected and adjust the future accordingly.The big hangup: Batteries for hybrid and electric vehicles, which automakers probably will fall in price or advance in power almost as quickly as some officials believe.

3rd speed: After studying accidents involving Volvo XC60 built with automatic collision avoidance system, the insurance industry says there is a real benefit to this technology. According to the Highway Loss Data Institute, the City Safety - which applies the brakes at a speed of 19 mph if it detects an imminent collision - kept the XC60 27% fewer accidents at low speeds than typical vehicles.According to USA Today, is the first time the influential Insurance Institute was able to demonstrate an advantage in the real world to the accident avoidance tech.

4th gear: Of course, a $ 500 Groupon not get in the car buyers - but what about $ 20,000 off a 2011 Audi R8? There is one tiny hitch: You must be in Canada for the agreement on the 4.2-liter V8 or R8S Spyder version. And that means less pay $ 120 000 in Canada after the delivery, then trying to figure out how to ship your new car back across the border. It is a matter of direct office of Mr. Barry.

5th Gear: Bloomberg reports that Ford plans to sell $ 1 billion of bonds backed by auto loans that financial crises in Europe and the U.S. is pushing yields on the debt at the highest level in a year. The securities will be sold this week, according to a person familiar with the offer who declined to be identified because terms are not public. Well, they seem to have been lucky enough good for the moment to try to ask for money in the markets, so I guess we should expect Financiapocalypse II later this fall.