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Crunch watch August 09: the auto industry

By Tim Pollard, Alex Michaelides, Ben Pulman and Freddie Fulton Motor Industry 31 August 2009 10:00 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  Monday 31 August 2009• Bank holiday today in UK; staff on a well earned break from Crunchwatch!Friday 28 August 2009• Toyota will stop producing vehicles at the New United Moor Manufacturing plant in California next March. Company officials and California governor Arnold Schwarzenegger announced the decision, which comes in the wake of factory partner GM’s announced that it would abandon the venture back in June (Detroit News)• Tengzhong may finalise its deal to buy Hummer from GM next week, well placed sources told AN (Automotive News, subscription required)• German economics minister Karl-Theodor zu Guttenberg says it is 'hardly realistic' for GM to keep hold of its European outfit Opel and Vauxhall (Automotive News Europe, subscription required)• Ford's US cop car favourite, the Crown Victoria, is going to cease production in 2011 (Detroit News)Thursday 27 August 2009• Nissan and Chrysler have abandoned plans to build cars for each other in the wake of Chrysler’s alliance with Fiat.

Denmark's Zenvo ST1 supercar lurks at the Geneva Auto Show

Zenvo launched the first ST1 about two and a half years ago and has sold “five, about” since then, though the company's press material lists only two sales. Founded by a Dane and headquartered just outside Copenhagen, the world's only Danish supercarmaker has since been bought by a Russian oligarch. The Zenvo ST1 is designed, engineered and manufactured completely by Zenvo, which even made the engine.

Peugeot 508 – 5 By Peugeot Concept

Peugeot are taking the '5 by Peugeot' Concept to Geneva - the new Peugeot 508 Back in November we reported that Peugeot were going to stop producing the 407 and 607 and deliver a new car to fill the gap – the Peugeot 508. Which makes a whole heap of sense. Apart from in France it’s always been then case that the bigger the French car the poorer its sales are, and the poor old 607 hasn’t exactly set the world alight with its huge sale.