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Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.

Hyundai debuts 'The Walking Dead' Edition Tucson

Hyundai will be releasing "The Walking Dead" Edition Tucson soon, but it's not going to have any additions to the exterior for keeping zombies out like metal bars or mesh wire. And curiously enough, it won't even be the same color as the Tucson seen in the show. The popular AMC post-apocalyptic show's use of a light green (and surprisingly clean for a post-apocalyptic runabout) Hyundai Tucson has been well documented, keeping Rick Grimes & Co.

Mercedes celebrates 60th anniversary of Unimog with new concept

The Mercedes-Benz Special Trucks unit (MBS) revealed a design study celebrating the 60th anniversary of the Unimog at the Daimler plant in Wörth recently. The concept, called simply ‘60 Years Unimog', is said to inform the future form language of Mercedes-Benz commercial vehicle design. Combining of the past and future of the Unimog, the MBS development team, the Daimler commercial vehicle designers in Sindelfingen and a model designing partner have created an avant-garde vehicle that retains the inherent functionality and capabilities of the now iconic vehicle.