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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.

Concours of America relocates to other side of Detroit

The Concours of America at Meadow Brook is moving to the other side of the Detroit area. The event is leaving the grounds of Meadow Brook Hall in Rochester, Mich., after more than 30 years. It's relocating to a former seminary in 2011, called the Inn at St.

Electric Rolls Royce Phantom EV 102EX at Geneva

The Rolls Royce EV 102EX - Geneva Debut Eighteen months ago we ran a story headlined ‘Electric Rolls Royce Phantom Coming?’ after the man from Goodwood let slip at the Goodwood Revival that Rolls Royce were looking at the viability of an electric Rolls Royce. Our first reaction was to throw our hands up in horror and declare it sacrilege, until we decided to ignore our preconceptions and prejudices and look at the benefits an electric motor could bring to a Rolls Royce. Benefits like absolute silence – long a Rolls Royce claim, rarely a Rolls Royce reality – and huge waves of torque that arrive let a Tsunami that never ends.