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Crunch watch June 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Peter Adams Motor Industry 30 June 2009 11:35 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  Tuesday 30 June 2009• Porsche says it is no longer applying to the German Kreditanstalt für Wiederaufbau central bank for a €1.75 billion bridging loan. This means it'll now have to seek finance elsewhere (Porsche) • Seat announces its best-ever month for used car sales; it sold 915 second-hand cars in May (Seat)Monday 29 June 2009• Jaguar Land Rover has opened its first showroom in India.

Goodwood Festival of Speed (2013) the cars of GFoS

If you’re one of the 150,000 expected visitors at Goodwood for the Festival of Speed this weekend, you’ll be among the first to see a wealth of new performance cars in action on Lord March’s drive. Here’s the full round up of confirmed attendees with links to CAR’s full stories – which are you most excited to see (and hear)? Audi’s Le Mans-winning R18 E-tron Quattro will be driven up the hill by 2013 race winner Allan McNish – check out his pre-Le Mans interview with CAR here.

70% of premium brand cars stolen are taken with the car’s own keys

High-end SUVs – like the new Range Rover (pictured) are a prime target for car key thieves There was once a time when all it took to steal a car was a wire coathanger and the ability to hotwire the ignition. But as car makers have got better at securing the second most expensive asset most of us will ever own, car thieves have had to look for a different approach, and that approach is increasingly to relieve owners of the keys to their pride and joy. Cobra – the vehicle tracking firm – are reporting that a massive 70 per cent of all premium brand cars stolen in 2014 – with an average value of £40k, up £6k on 2012 – are being parted from their owners using that owners keys.