Auto News Roundup 7-21-09: Porsche and VW may delay merger decision, Toyota says it’s no longer profitable in U.S.
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-- Porsche and Volkswagen may not reach a merger agreement this week because families can’t agree on measures to reduce debt. Bloomberg News
-- Toyota says it’s no longer profitable in North America and is reviewing its entire operation here. Detroit News
-- Insurance Institute for Highway Safety crowns Volvo C30 and Ford Focus as Top Safety Picks among two-door coupes. Edmunds
-- And you thought traffic in L.A. was bad... ‘More Than 60 Injured in 259-Car Autobahn Pileup in Germany.’ Edmunds
-- BMW says four-cylinders are likely headed back to U.S.
Autoblog
-- OnStar announces Remote Ignition Block for stolen vehicles. Autoblog
-- Rolls-Royce Ghost powertrain revealed: Turbocharged V-12 engine will crank out 563 horsepower with top speed of 155 mph. Leftlanenews.com
-- GM says Camaro SS transmission problem is fixed and no recall will be issued. Cars.com
-- Joni Gray