France's president derides PSA's cuts as too harsh and urges management to renegotiate. Also in the Old Country Ford and other automakers are reporting slumping sales in the first six months of 2012. Hyundai is hurting for vehicles to sell. With only 27-days' supply in the U.S. and a corporate cap on production at 7 million vehicles. All that and more, plus a look at the Audi S5 coupe.