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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.

New De Tomaso Pantera at Frankfurt

What is thought to be the new Pantera leaving the De Tomaso facility So far all we’ve officially had from the new De Tomaso, now run by ex Fiat man Gian Mario Rossignolo, is the not particularly well-received De Tomaso Deauville at Geneva in the Spring. It seemed an odd route for the revived De Tomaso to go, and an odd choice of name. The Deauville seems to be halfway between the (poor-selling) BMW 5-Series GT and a Porsche Cayenne.

British cars dominate desirability survey

BRITISH cars are the best of the best, according to a huge new car popularity survey that has thrown up some shocks. British cars took five of the top six places in the study from Best of the Best, the in-airport and online competition operator that gives away cars as prizes. And among the amazing turn-ups that emerged from the 55,000-person study focusing on desirability, no Ferrari even made the top 20.