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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.

GM contacting Chevrolet Volt owners as NHTSA investigates battery fire

General Motors on Monday said it is contacting all owners of the Chevrolet Volt plug-in hybrid to reassure them that the car is safe as the National Highway Traffic Safety Administration investigates a battery fire from a Volt that was crash-tested. GM said any Volt owner who had safety concerns would be offered a different GM car as a loaner vehicle. Executives also stressed during a teleconference that the battery issues were seen only in vehicles in the crash tests.

Gazoo Racing upgrades the Scion FR-S

Since the 2013 Subaru BRZ and the 2013 Scion FR-S met the public last month, all people want to talk about is when a turbo or supercharged version is coming out. It seems 200 hp and 150 lb-ft of torque just isn't enough. Japanese firm Gazoo Racing decided not to wait for the factory and built a supercharged—and turbocharged—Toyota 86 (our Scion FR-S) that it's calling the Gazoo Racing Sport FR.