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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.

Lada XRAY Concept – it’s the Lada Evoque

Lada has revealed an appealing looking compact SUV concept at the Moscow Motor Show – the Lada XRAY Concept For those of us who grew up on Lada skips – and even for younger readers who only really know Lada for the Niva 4×4 or the Granta – the appearance of a good-looking Lada Concept - the Lada XRAY – at the Moscow Motor Show is a bit of a surprise. But if we look at who’s behind the XRAY, perhaps we shouldn’t be surprised. Steve Mattin, formerly with Mercedes and Volvo, penned the new Lada, and a very convincing job he’s done.

Infiniti Q50 Revealed: 2013 Detroit Auto Show

The new Infiniti Q50 – replacing the G37 and the first of Infiniti’s ‘Q’ badged cars – has been revealed at the 2013 Detroit Auto Show. The Q50 is still unmistakably an Infiniti – but a better looking one – with the trademark curves and grill still intact but with a bit of added oomph from a new look inspired by the Infiniti LE Concept we saw in New York last spring. The Infiniti Q50 is both longer and wider than the old G37 – lower too – and a lot slippier, with a drag coefficient of just 0.26 thanks to the sleeker bodywork and lower stance.