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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.

Hyundai Genesis Coupe (2012 – 2013): Engine details revealed

Hyundai Genesis Coupe (2012 - 2013) - new, more powerful engines The UK and Europe don’t get the top end of Hyundai’s range – the Genesis and Genesis Coupe – but that could be set to change if the Genesis luxury brand from Hyundai becomes a reality. So the news that the Hyundai Genesis Coupe is being updated is potentially now of more interest to UK and European car buyers, even if it’s only to see what currently sits at the top of the global Hyundai range. We already had a 2012 Genesis Coupe tease last week, but now we get engine details too.

UK drivers fear 'black box' tech in cars

EUROPEAN UNION plans to install ‘black box’ technology in all new cars from 2015 have met with an overwhelming ‘no’ from UK drivers. The EU regulations will see e-Call fitted to all new cars sold from November 2015. The e-Call technology automatically contacts the emergency services in the event of a collision and could save 2500 lives on the roads of Europe every year.