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Crunch watch Apr 09: the auto industry in crisis

By Tim Pollard and Ben Pulman Motor Industry 30 April 2009 17:21 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  Thursday 30 April 2009• It's official: president Barack Obama confirms this afternoon Chrysler will file for Chapter 11 bankruptcy protection as it strikes a patnership with Fiat (Automotive News, subscription required)• 'Over the past month, seemingly insurmountable obstacles have been overcome,' says Obama. 'Chrysler and Fiat have formed a partnership that has a strong chance of success' • Chrysler is filing for bankruptcy protection under Section 363(b) of Chapter 11 bankruptcy code – expected to last for 30-60 days (Detroit News)• Treasury to pay Chrysler $4.5 billion 'in exit financing'• Chrysler tipped to get new board of directors.

2012 Mercedes SL Spied

2012 Mercedes SL caught testing When the fifth generation Mercedes SL hit the headlines back in 2002 it was a revelation, offering as it did the best of a coupe and a convertible and a completely bonkers performance version in the SL55. But eight years is a long time in the life of a car – even with a cosmetic facelift in 2008 – and the SL has lost its way as the flagship of the Mercedes range. More powerful cars like the SLS have put the SL in to the shadows, and even its little brother – the Mercedes SLK – is probably more desirable.

New VW Polo (2010) UK orders

The 3-Door VW Polo is now available to order in the UK Due in the UK in January, the three-door Polo is now available to order in the UK. And actually, it’s a better looking car than its five-door sibling. The three door shape looks more aggressive and purposeful, but under the skin it’s the same competent little car.