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Crunch watch Nov 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 Monday 30 November 2009• Saab's future is likely to become clearer tomorrow when the GM board meets in Detroit. It will have to decide whether to seek a new buyer or put Saab into liquidation (Financial Times)• Don't rule out an eastern bid for Saab: Beijing Automotive is still interested in buying the Swedish car maker despite its joint bid with Koenigsegg hitting the rocks, reports Automotive News.

Alfa Romeo 4C hits the track (video)

The Alfa Romeo 4C (pictured) out on track – on video The Alfa Romeo 4C has been on its way for longer than it should have been. But Alfa Romeo finally got round to revealing the 4C in prodiction spec at the Geneva Motor Show in March, and visitors to this year’s Goodwood Festival of Speed later this month will get to see the 4C strutting its stuff up the hillclimb. But ahead of that dynamic debut, Alfa has released new video of the 4C out playing on the Balocco Racetrack in Italy, with a few wailing exhausts notes but far to much dramatic music as a soundtrack.

Peugeot 308 R heading for production

It looks like the Peugeot 308 R (pictured) is heading for production With the Peugeot RCZ R managing to go from range-topping performance concept to production, it seemed likely Peugeot was aiming at producing a new range of performance cars. And it seems the next could be the Peugeot 308 R. Arriving at the Frankfurt Motor Show as a concept, the 308 R comes with a strange two-tone paint job (meant to evoke the Peugeot Onyx Concept), but with far more to offer than just a paint job that makes it look a different car at the back than the front.