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Lincoln shoots for a happier ending after troubled MKZ launch

How far off track did the launch of the redesigned Lincoln MKZ get? The car, whose chassis bears the burden of a once-thriving luxury brand now trying to prove it's still relevant -- originally was supposed to start arriving at dealerships last fall, around the same time Steven Spielberg's movie Lincoln was hitting theaters around the country. But by the time many customers who had ordered an MKZ actually got their cars, Lincoln already was out on DVD.

Chevrolet Camaro ZL1 gets $54,995 base price

The high-performance Chevrolet Camaro ZL1 will carry a base sticker price of $54,995 including shipping charges when it goes on sale next spring as a 2012 model. That's more than double the sticker price of a base 2012 Camaro coupe, which starts at $24,100 including shipping charges, and more than a base 2012 Chevrolet Corvette coupe, which starts at $50,500. The 2012 Camaro ZL1 packs a supercharged 6.2-liter V8 rated at 580 hp and 556 lb-ft of torque.

Crunch watch June 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Peter Adams Motor Industry 30 June 2009 11:35 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  Tuesday 30 June 2009• Porsche says it is no longer applying to the German Kreditanstalt für Wiederaufbau central bank for a €1.75 billion bridging loan. This means it'll now have to seek finance elsewhere (Porsche) • Seat announces its best-ever month for used car sales; it sold 915 second-hand cars in May (Seat)Monday 29 June 2009• Jaguar Land Rover has opened its first showroom in India.