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2011 Volkswagen Jettas to be sold for $5,995 each--really

Volkswagen is selling three 2011 Jettas through Gilt Groupe for $5,995--slashing the “1” from the usual $15,995 starting price. One car will be sold at noon Eastern time for three days starting on Dec. 15 in the flash sale.

Crunch watch Dec 09: the auto industry in crisis

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 Wednesday 30 December 2009• Saab's PR chief told AN that GM is extending the deadline for a sale to 7 January – and the Trollhattan factory will resume limited manufacturing in early January to build the new 9-5 and some 9-3 cabrios (Automotive News, subscription required)• Last night Bloomberg reported a Saab board member claiming that the 31 December deadline for a Saab sale or closure 'is not holy'. If GM receives a bid that is 'sufficiently interesting', it'll extend the deadline, said the Saab suit (Automotive News, subscription required)• GM is offering massive discounts on Pontiac and Saturn cars, as it seeks to get rid of the remaining stock from these terminated brands.

2012 Pinto Stampede to benefit the Wounded Warrior Project

The second-annual Pinto Stampede will take place May 17-20, beginning at Bristol Motor Speedway in Tennessee and ending in Summit Point, W.Va., at the Jefferson 500. For those keeping track, that's 600 miles in a car that some would have you believe is little more than a rolling Molotov cocktail. For the second time, the Pinto Stampede will benefit the Wounded Warrior Project, an organization that aims to “honor and empower wounded warriors” of the U.S.