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Crunch watch Sept 09: the auto industry in crisis

By Tim Pollard Motor Industry 30 September 2009 11:30 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 September 2009• Mitsubishi's global production in August was 62,924 units, a decline of 32.1% compared to August 2008. It was also the 18th consecutive monthly decrease for the Japanese car company (Mitsubishi)• Fernando Alonso has signed a three-year deal to drive for the Scuderia Ferrari F1 team.

PM opens Williams F1’s new Advanced Engineering Centre

Prime minister David Cameron has today opened Williams Racing’s new £8 million Advanced Engineering Centre in Grove, Oxford. The new facility will help transfer Williams’ four decades of title-winning F1 expertise into the world of road cars – and the PM has challenged the engineers working there to continue helping Britain compete on the world stage by developing new business opportunities. On Bing: see pictures of Williams F1 cars Nismo Williams!

Carroll Shelby's AC Cobra to be auctioned

A limited-production 1965 Shelby Cobra 427 CSX1001 will be available at the Russo and Steele Collector Automobile Auction in Scottsdale, Ariz., Jan. 19-23, 2011. This vehicle is one of 12 in the CSX1000 series to have an AC-built body.