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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.

Want the Jaguar XKR-S GT in the UK? Then demand it.

The track-focused, but road-legal, Jaguar XKR-S GT is aimed just at North America, but Jaguar will build it for the UK if there’s demand. When we reported the arrival of the XKR-S GT last week, we knew the new Jag was being offered in the US (25 cars) and Canada (5 cars) but we didn’t know what the numbers where for the rest of the world. It turns out, at the moment, that the North American run is all there is.

Volkswagen 'will build the XL1' - Piech

Volkswagen will build the radical 313mpg XL1 eco cigar in 2013, Ferdinand Piech revealed at the Qatar motor show. In an interview with Automotive News, the VW chairman said: 'We want to go into series production with this car starting in 2013.' He insisted it would go on sale to real people, not just as media demonstrators. And VW chief exec Martin Winterkorn added the XL1 would be sold in Europe first, then be rolled into the US and Chinese car markets.