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VW, Toyota, Honda, Chrysler post strong new car sales; Ford, Nissan slip
Sales up 8% in August, but Toyota, Honda still weak

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Toyota partners with Servco to test car-sharing app in Hawaii

Toyota has partnered with its Hawaii distributor to develop a car-sharing app, the company announced Wednesday. Servco plans to take the service live by the end of the year after an employee-only test is completed.   http://prn.to/2x5cRWw

 4h

GM to be removed from Toronto Stock Exchange

GM announced Wednesday that it applied (and received approval) to be removed from the Toronto Stock Exchange. "Given the relatively low trading volume of its shares on the TSX and the fact that GM's NYSE listing provides its shareholders with sufficient liquidity, the company believes that the costs associated with maintaining a dual listing are no longer justified," the company said in the announcement.   

 5h

Merkel predicts the end of non-electrified cars

German chancellor Angela Merkel predicts gasoline- and diesel-powered cars will ultimately cease to exist. Merkel -- who hopes to get re-elected next month -- told members of the media that she can't predict when the technology will go extinct.   

 8h

Switzerland fines hillclimb organizers $5,000 over Hammond crash

Swiss officials have fined hillclimb organizers about $5,000 over the fiery crash that injured Richard Hammond earlier this year. They argue the event "violated the FIA's code of conduct," though they didn't provide more specific details.   

 9h

Next BMW M5 to debut on August 21

BMW has announced the next generation of the M5 will make its debut online on August 21st. The super-sedan is expected to pack about 600 horsepower from a twin-turbocharged V8 engine. It's getting all-wheel drive, too.   

 10h

Aston Martin shows Zagato-designed Speedster

Aston Martin has collaborated with coachbuilder Zagato to turn the Vanquish into the sleek-looking Speedster. Powered by a V12 engine, the model is limited to just 28 examples, making it the rarest of the recent Zagato-styled Astons.   

 11h

Entry-level Volkswagen crossover resurrected?

Volkswagen's on-again, off-again entry-level crossover is finally on its way to production, according to German magazine Auto Bild. Previewed by the Taigun concept (pictured), the up!-based soft-roader will adopt the T-Track nameplate when it arrives in showrooms. However, it won't be sold in the United States due to its size.   

 12h

Scaled-down McLaren 570S makes a great first car

McLaren has teamed up with toymaker Step2 to build a 570S push car. It costs just a fraction of the price of the real thing, but it also has considerably less power.   

 13h

Aston Martin announces Vanquish Shooting Brake

Aston Martin has teamed up with Zagato to build a shooting brake version of the Vanquish. The gorgeous wagon is a limited-edition model, and odds are every single example has already been spoken for.   

 14h

Mercedes-Benz rules out convertible SUV

Mercedes-Benz has announced it won't build a convertible SUV to tackle the topless Range Rover Evoque. "We should not do everything," the company summed up.   

 15h