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Crunch watch Apr 09: the auto industry in crisis

By Tim Pollard and Ben Pulman Motor Industry 30 April 2009 17:21 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  Thursday 30 April 2009• It's official: president Barack Obama confirms this afternoon Chrysler will file for Chapter 11 bankruptcy protection as it strikes a patnership with Fiat (Automotive News, subscription required)• 'Over the past month, seemingly insurmountable obstacles have been overcome,' says Obama. 'Chrysler and Fiat have formed a partnership that has a strong chance of success' • Chrysler is filing for bankruptcy protection under Section 363(b) of Chapter 11 bankruptcy code – expected to last for 30-60 days (Detroit News)• Treasury to pay Chrysler $4.5 billion 'in exit financing'• Chrysler tipped to get new board of directors.

BMW M3 Saloon Concept (2011) first official pictures

This is a very special BMW M3 saloon, a four-door concept built with M3 GTS parts and prieviewing a potential production car. It's just been unveiled at a special M Division event in Germany, alongside a one-off M3 Pick-Up. How has BMW turned its lovely M3 saloon into this M3 Concept?

Skoda Yeti Facelift: Price from £16,600

The Skoda Yeti Facelift costs from £16,600 – where you have the Yeti or Yeti Outdoor But the differences between the two don’t mean a price differential; the Yeti and Yeti Outdoor cost the same on a like for like basis, although the 4×4 versions are only available in the Yeti Outdoor – complete with a new fifth-generation Haldex Clucth 4×4 – for a price premium. The Yeti range starts with the Yeti S 1.2 TSI 105PS at £16,600 and tops out at the Yeti Outdoor L&K 2.0 TDI 140PS 4×4 DSG at £27,050, with three trim levels – S, SE and Elegance – available across both the Yeti and Yeti Outdoor, with the Outdoor also getting a range-topping L&K trim level. Engines on offer include the aforementioned 1.2 TSI and 2.0 CDI with the 1.6 TDI, 1,8 TSI and three versions of the 2.0 TDI – 110PS, 140PS and 170PS – available.