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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.

Chevrolet reveals Silverado Cheyenne concept truck bound for SEMA

Even though the SEMA show is famous for the most outlandish sports cars you could imagine (and some you probably couldn't), there will be no shortage of tuned pickup trucks this year from both manufacturers and tuning houses. And one of them will be the Chevrolet Silverado Cheyenne edition. Admittedly, it's been a while since we've been treated to a serious street-performance truck from Chevrolet, and perhaps it's the GMC Syclone that comes to mind when you think of a small performance-oriented truck from one of GM's brands.

Citroen C3 at 2009 Frankfurt motor show

By Ben Pulman First Official Pictures 29 June 2009 00:01 These are the first pictures of Citroen's new C3 supermini, a funky five-door that the French company hopes will steal sales from potential Ford Fiesta, VW Polo and Renault Clio customers. And in three-door form it will become the DS3, as Citroen's tries to take itself up-market and appeal to Mini buyers. Citroen started to design cool cars again when it penned the C4, but it’s been the recent C3 Picasso that has really captured the automotive industry’s attention.