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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.

Jaguar XJ preview (Video)

Ian Callum stars in this video to the left - a preview of the forthcoming Jaguar XJ set to make its debut on July 9th this year. In his words: "The car is very modern, and it certainly meets up the expectations of people who understand design with a capital D, I have no doubt about that whatsoever." Callum goes on to describe the new XJ as a "very well crafted car," stating that it is "also a very designer led car". He asserts that the lines of the car have been reinterpreted in a different way "that actually is right and correct for the 21st century.

VW Golf GTI concept (2012) first pictures

Volkswagen surprised the Paris motor show attendees with this production-ready Golf GTI concept car shown today. Although dubbed a concept, everything looks and feels like a showroom ready hot hatch. Expect to see the real thing at next spring's 2013 Geneva motor show.