GM Looks to Exit Bankruptcy Court By Thursday as Asset Sale Approved

Late Sunday a judge approved the sale of GM’s assets to a group comprised of the U.S. government, the UAW and the Canadian and Ontario governments under the name NGMCO, Inc. The decision will see GM exit bankruptcy court quickly with the ‘New GM’ assets going to NGMCO, while the ‘Old GM’ assets will be sold off to the highest bidder.

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Subaru of America Seeks Guinness World Record for Largest Suby Parade

Subaru of America is looking to set a Guinness World Record for the largest parade of Subys… er, Subies… um, Barus? And its reaching out to fanatical, AWD, boxer engine owners to help.

Subaru and the Subaru Great Lakes Region is asking owners from all over the country to meet on July 11 at 500 Park Boulevard in Itasca, Illinois.

The parade coincides with Itasca Fest, an annual fun for the whole family event that includes live entertainment, carnival rides and kids games.

Participants will receive a gift bag (one per car) and Subaru’s Great Lakes Region will donate $15 per car (to a maximum of $7,000) to PAWS Chicago and Salute, Inc. And knowing how fanatical Subaru owners are, they should probably just write the $7,000 check now.

Any Subaru owners interested in participating are asked to register here:

Subaru Parade

[Photo Credit: PicassaWeb]

Official release after the jump:

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