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Crunch watch Dec 09: the auto industry in crisis

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 December 2009• Saab's PR chief told AN that GM is extending the deadline for a sale to 7 January – and the Trollhattan factory will resume limited manufacturing in early January to build the new 9-5 and some 9-3 cabrios (Automotive News, subscription required)• Last night Bloomberg reported a Saab board member claiming that the 31 December deadline for a Saab sale or closure 'is not holy'. If GM receives a bid that is 'sufficiently interesting', it'll extend the deadline, said the Saab suit (Automotive News, subscription required)• GM is offering massive discounts on Pontiac and Saturn cars, as it seeks to get rid of the remaining stock from these terminated brands.

Bentley Arnage replacement to take on Rolls Royce

Bentley's replacement for the Arnage in 2010 will go upmarket to compete with the Rolls Royce Phantom Bentley has revealed that after Arnage production finally ends in September it will be a full year before the replacement for the Arnage surfaces. Now the sceptics amongst us may put this down to the fact that Bentley are struggling to sell the cars they already make in the current climate, never mind producing an even more luxurious and expensive model. But Bentley say it’s so they can put a clear line under the current Arnage before its replacement arrives late in 2010.

Redesigned 2012 Subaru Impreza bows at the New York auto show

The redesigned 2012 Subaru Impreza made its debut in New York on Wednesday with a more refined look, a longer wheelbase and a new four-cylinder engine. The Impreza's horizontally opposed 2.0-liter produces 148 hp and returns 36 mpg on the highway, even with all-wheel drive. Fuel economy is maximized with electric power steering and low-rolling-resistance tires.