Read the original here Moto Maniaa

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Toyota Motor Co. has yet to decide the future of its former joint venture with General Motors Co. or what to do about a planned factory in Mississippi.

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A congressional panel charged with overseeing the $700-billion financial industry bailout will hold a hearing on the rescues of GM and Chrysler next Monday in Detroit.

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WASHINGTON — The Obama administration warned today that it “strongly opposes” efforts in Congress to reverse cuts to nearly 2,200 dealers made by General Motors and Chrysler.

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General Motors' top lawyer and spokesman are leaving the company, the automaker said today.

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On any given day at the Automotive Hall of Fame in Dearborn, you're as likely to meet a visitor from Europe or Asia as one from Michigan, according to hall president Jeffrey Leestma. “Eighty percent of the people who walk through our door are from out of state or out of the country,” Leestma said last week.

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A new General Motors Co. emerged from bankruptcy protection this morning. Watch a live news conference with CEO Fritz Henderson at 9 a.m. right here.

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Congress and the Obama administration are colliding over the moves to shed 2,100 dealers, which the House appears poised to reverse.

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Cash-strapped companies have cut back for the 2009 Woodward Dream Cruise, but the car lovers who created the event are going ahead full throttle.

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