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Crunch watch June 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Peter Adams Motor Industry 30 June 2009 11:35 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour  Tuesday 30 June 2009• Porsche says it is no longer applying to the German Kreditanstalt für Wiederaufbau central bank for a €1.75 billion bridging loan. This means it'll now have to seek finance elsewhere (Porsche) • Seat announces its best-ever month for used car sales; it sold 915 second-hand cars in May (Seat)Monday 29 June 2009• Jaguar Land Rover has opened its first showroom in India.

Belgian Grand Prix Qualifying – Hamilton beaten to pole by Rosberg

Rosberg takes pole in Belgium in the rain Formula One is back from its summer break, but normal service has resumed with Mercedes taking a one-two at Spa in qualifying for the 2014 Belgian Grand Prix, but it’s Nico Rosberg on pole, beating Lewis Hamilton in to second place. The two Mercedes were in a league of their own – two seconds ahead of the best of the rest – as torrential rain made the Spa circuit teachorous. Hamilton’s qualifying was patchy – - and a bit erratic – and he also had problems with glazed discs pulling his car to the left, but Rosberg was consistent – and quick – and deserved his pole.

Porsche Boxster Speedster – on its way

A Porsche Boxster 'Speedster' spotted at the Nurburgring It looks like the Boxster Speedster (or maybe Boxster R?) will get the double-hump behind the seats and be a stripped-out and more powerful version of the current Boxster. Could it get more power as well as being lighter? Hard to say, but we can live in hope.