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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.

Kia cee’d Facelifted – launches at Frankfurt

Kia has facelifted the cee'd and will launch it at Frankfurt in September The Ki cee’d rides well, has a good choice of engine options and is well bolted together. It even comes with a seven year warranty, so even if it did fall apart – which it won’t – you’re covered. It is also getting Kia’s ISG (Idle, Stop, Go), which is Kia’s version of Stop Start.

UK pays £30 million a month in parking fines

British motorists are paying out a massive £30 million in parking fines every month, according to Freedom Of Information data obtained by LV= car insurance. So far in 2013, councils have handed out over 890,000 tickets a month – an increase of 4% on 2012 figures. The huge £30 million total is based on the UK average parking fine of £42.