1. After relocating with his company to Tennessee, Nissan sales boss Jed Connelly accidentally discovers oil on his property while hunting rabbits. His kinfolk advise him to move away from there. They say California is the place he oughta be, so he loads up his Infiniti and moves to Beverly.
2. Las Vegas billionaire Kirk Kerkorian dumps his 44 million shares of General Motors stock, explaining that he was "just kidding about the whole thing." "When you're a billionaire," he says, "you can do stuff like that."
3. Consumers picket Big 3 assembly plants in six states, demanding health care benefits to go along with their new vehicles purchased with employee discounts.
4. Financial scandal grips Toyota after it informs Japanese stock exchange officials that it inadvertently misstated its 2003 and 2004 earnings, forgetting to add in several billion dollars in U.S. profits stashed in shoe boxes in the basement.
5. Gisele Zetsche, wife of DaimlerChrysler Chairman Dieter, is investigated by French police on the suspicion that she permitted high schoolers at a local party to consume Coca-Cola.
6. In a last-ditch effort to halt Toyota's rising market share, GM CEO Rick Wagoner challenges Toyota Chairman Hiroshi Okuda to go mano a mano on the basketball court -- winner take all. Okuda-san beats the former Duke basketball player in three out of five games. GM lawyers say the bet was "not really legally binding."
7. American Honda signs Elton John to a new ad campaign to bolster the image of its Ridgeline pickup as a solid he-man work truck.
8. More than 34,000 Delphi workers happily accept their 65 percent wage reductions without complaint. "I guess $9 an hour is fair," one 55-year-old worker acknowledges. "Somebody should tell the UAW they can close up shop and go home now."
9. A midyear spike in gasoline prices to $3.50 a gallon emboldens Ford to introduce a new iron-block, big-engine, eight-passenger SUV called the "Oblivious."
10. Acknowledging that his plan to sell Chinese cars in America has proved more difficult than expected, Malcolm Bricklin proposes a radical idea: a company that sells cars built by laid-off auto workers in Michigan.