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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.

Volvo C30 production ends

The Volvo C30 is now going out of production as Volvo moves to refresh its range. A new small Volvo is planned. Volvo worked hard to get the small C30 in to the hearts and minds of a younger audience with a feature role in the Twilight films, but the C30 was never a stellar seller.

2014 Honda Civic goes on sale today

The 2014 Honda Civic is now on sale. The LX coupe starts at $18,980 including destination while the top trim, an EX sedan with navigation, comes in at $25,030. A continuously variable gearbox is the only automatic transmission option this year, though a five-speed manual is available.