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Crunch watch Apr 09: the auto industry in crisis

By Tim Pollard and Ben Pulman Motor Industry 30 April 2009 17:21 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  Thursday 30 April 2009• It's official: president Barack Obama confirms this afternoon Chrysler will file for Chapter 11 bankruptcy protection as it strikes a patnership with Fiat (Automotive News, subscription required)• 'Over the past month, seemingly insurmountable obstacles have been overcome,' says Obama. 'Chrysler and Fiat have formed a partnership that has a strong chance of success' • Chrysler is filing for bankruptcy protection under Section 363(b) of Chapter 11 bankruptcy code – expected to last for 30-60 days (Detroit News)• Treasury to pay Chrysler $4.5 billion 'in exit financing'• Chrysler tipped to get new board of directors.

SUV owners to pay more for parking

SUV drivers should get ready to pay more at the parking lot, especially in big cities. MarketWatch reported on Wednesday that parking lots are going the way of airplane luggage: Bigger means more expensive. The report found that Manhattan garages charge $10-$15 more per day for oversized vehicles.

Mazda Motorsports names John Doonan director

Mazda North American Operations on Friday promoted John Doonan to director of Mazda Motorsports, effective immediately. Doonan joined Mazda North American Operations in 2003 and worked in the company's advertising and marketing department. He became manager of motorsports team development before 2005.