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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.

Mitsubishi Shogun Black launches

Mitsubishi Shogun Black revealed Mitsubishi has added a limited edition Shogun at the top of the range – the Mitsubishi Shogun Black. Recently we had the Mitsubishi ASX Black arrive with all the toys in Mitsubishi’s options box thrown at the compact SUV to produce a credible range-topper. And now Mitsubishi are pulling the same trick on the real-deal SUV with the reveal of the Mitsubishi Shogun Black.

Longtime auto journalist David E. Davis Jr. dies

David E. Davis Jr., inarguably one of the deans of automotive journalism, died on Sunday, March 27, at age 80. Davis had been suffering from bladder cancer and underwent surgery a few days earlier.