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Crunch watch July 09: the auto industry in crisis

By Tim Pollard, Ben Pulman, Ben Whitworth and Alex Michaelides Motor Industry 31 July 2009 11:23 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  Friday 31 July 2009• Lamborghini today posted pre-tax profits of €5.4 million – despite a sales drop of 37% in the first six months of 2009. Sant'Agata said turnover hit €156.9m in the first half (down 43%) as it sold 825 cars globally (Lamborghini)• British motorists could have to pay £250 in tax to park at work from 2012.

Nissan scales back on auto shows

Nissan said on Friday that it will not participate in some of the major auto shows in its new business year starting April 1, Reuters is reporting. The reason: to save money. This means no Nissan display at the show in Frankfurt in September and probably another absence in Detroit in January 2010.

Seat Alhambra (2010): Spain's new full size MPV

By Tim Pollard First Official Pictures 19 April 2010 18:04 Seat has whisked the covers off its rebodied VW Sharan: the new 2010-spec Seat Alhambra. Like its creaking predecessor, it's a seven-seater MPV based on Volkswagen group underpinnings and is bound for a life of family functionality and taxi airport runs. Sliding doors figure this time round to give the Sharan a dose of car park practicality.