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Crunch watch Nov 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 Monday 30 November 2009• Saab's future is likely to become clearer tomorrow when the GM board meets in Detroit. It will have to decide whether to seek a new buyer or put Saab into liquidation (Financial Times)• Don't rule out an eastern bid for Saab: Beijing Automotive is still interested in buying the Swedish car maker despite its joint bid with Koenigsegg hitting the rocks, reports Automotive News.

Alfa Romeo 4C in action at the Goodwood Festival of Speed (video)

The Alfa Romeo 4C made its dynamic debut (pictured) at the 2013 Goodwood Festival of Speed The long awaited Alfa Romeo 4C finally made its debut in production spec at the Geneva Motor Show in March, and at the weekend the 4C made its dynamic debut at the Goodwood Festival of Speed. To make sure the 4C made as big an impact as possible at Goodwood, we’d expected Alfa to run up the hillclimb in the launch edition 4C, which gets plenty of extra goodies including a carbon fibre body kit and spoiler, but this 4C looked to be a standard model. But even though we’d like to have seen the launch edition with its extra carbon fibre goodies, the standard car gets exactly the same 1750cc 4-cylinder petrol engine with enough get up and go, 236bhp, to move the lightweight 4C (under 900kg) to 62mph in just 4.5 seconds.

Bugatti Veyron – Eight Veyrons sold to one buyer

Bugatti Veyron - 8 sold to one customer However wealthy you are it’s hard to imagine spending more than £1 million on a new car; a classic, certainly, but a new car with all that depreciation? No, thanks.  But that’s really just the starting point for a Bugatti Veyron, with the Veyron Grand Sport and the Veyron Super Sport costing substantially more than that.