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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.

Jaguar C-X17 concept (2013) full details on new aluminium chassis

Jaguar’s C-X17 crossover concept might have show-stopping looks, but it’s what will lie beneath the production crossover – thought to be called QX – that’s just as intriguing: an all-new aluminium platform, dubbed ‘iQ Al’. It’s a clean-sheet design, with double-wishbone suspension up front, and a multi-link axle at the rear. For more unseen location photos and an in-depth feature, pick up the October issue of CAR magazine, out Wednesday 18 September   Jaguar C-X17 crossover concept: the lowdown on the ‘iQ Al’ aluminium platform ‘It had to be a clean-sheet design to reach our goals,’ says Jaguar vehicle line director Kevin Stride.

2013 Ford Escape can tow 3,500 pounds with EcoBoost engine

The 2013 Ford Escape, which we saw at the Detroit auto show in January, will have a towing capacity of 3,500 pounds when equipped with the 2.0-liter EcoBoost engine, Ford said on Wednesday. That number easily bests four-cylinder-equipped competitors such as the Volkswagen Tiguan, the Kia Sportage and the Acura RDX. Ford says the new engine will make enough power to pull two jet skis down to the lake with a trailer, or to drag a snowmobile to the frozen tundra.