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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.

Project Car Hell, There's No Hell Like Simca Hell Edition: Aronde Pickup or Vedette Trianon?

We're staggering back into the sulfurous quagmire that is life in the Project Car Hell garage, and we're feeling a need to follow up German luxury coupes with near-total value depreciation with one of the mainstays of Project Car Hell: French cars! And not just your ordinary everyday Peugeots and Renaults but products of the French car manufacturer with the most tangled lineage: Simca. The Soci

Last of the Saab 9-3 convertibles land in the UK

Saab Parts UK has secured the sale of the last 26 right-hand drive Saab 9-3 convertibles for customers in the UK. The final batch of convertible Swedish metal will be sold through 87 Saab authorised repairers in lieu of a dealer network. Saab 9-3 Convertible: the last of the line The final Saabs may be of sentimental value to fans of the marque, although the seven Independence Edition cars being offered for sale come in a rather challenging shade of burnt metallic orange.