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Crunch watch July 09: the auto industry in crisis

By Tim Pollard, Ben Pulman, Ben Whitworth and Alex Michaelides Motor Industry 31 July 2009 11:23 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  Friday 31 July 2009• Lamborghini today posted pre-tax profits of €5.4 million – despite a sales drop of 37% in the first six months of 2009. Sant'Agata said turnover hit €156.9m in the first half (down 43%) as it sold 825 cars globally (Lamborghini)• British motorists could have to pay £250 in tax to park at work from 2012.

Renault Megane CC (2010) Teased

Renault are teasing the 2010 Megane CC ahead of a launch at Geneva in March We’ve got used over the last few years to car makers milking the launch of every new model, update, trim change and engine mod with a few judiciously ’Arty’ teaser photos to whet the appetites of prepect buyers. Although in truth they’re really providing stories for online news. We’re always hungry for stories and car makers know that.

McLaren 12C Spider confirmed for July 3 reveal

McLaren Automotive officially announced on Friday that it will reveal the 12C Spider, an open-top version of the MP4-12C supercar, on July 3. There has been much speculation about an open-top version since the release of the original MP4-12C. In a video interview, McLaren Formula One driver Jenson Button extols the virtues of open-top driving.