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.

Kia readies 2015 K900 for luxury-sedan segment

Kia is getting closer to its entry into the full-size luxury category with the 2015 K900, which will go on sale in the first quarter of 2014. The K900 will arrive with two engine configurations. The most powerful is a 5.0-liter Tau V8 making 420 hp.

Win 'epic family playdate' from Hyundai

To promote the new seven-passenger Santa Fe, Pinterest campaign in which consumers can "pin" their way to winning an "epic" family playdate -- similar to the one featured in its register online and then create a Pinterest board titled, "Hyundai's epic playdate weekend," within their personal Pinterest account. Next they need to pin their favorite picture from the Hyundai Santa Fe board. Lastly, contestants are asked to pin at least four pics of their ideal "epic playdate" destinations or activities.