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Crunch watch Dec 09: the auto industry in crisis

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 Wednesday 30 December 2009• Saab's PR chief told AN that GM is extending the deadline for a sale to 7 January – and the Trollhattan factory will resume limited manufacturing in early January to build the new 9-5 and some 9-3 cabrios (Automotive News, subscription required)• Last night Bloomberg reported a Saab board member claiming that the 31 December deadline for a Saab sale or closure 'is not holy'. If GM receives a bid that is 'sufficiently interesting', it'll extend the deadline, said the Saab suit (Automotive News, subscription required)• GM is offering massive discounts on Pontiac and Saturn cars, as it seeks to get rid of the remaining stock from these terminated brands.

2010 Ford Mustang: Saleen plans two go-fast models for next year

Saleen, the famous performance brand, lives. And it's looking to roll out two go-fast Mustangs in the next year. The first will be unveiled at Mustang Week in Myrtle Beach, S.C., later in July.

Fiat 500 Abarth show debut

By Jonny Smith Motor Shows 06 March 2008 16:05 What’s new on Fiat's Geneva Motor Show stand? Amongst the kinky white boots and retro chandeliers Fiat rolled out their eco-loving theme across the whole range with three uncloakings: the fresh Fiorino, 500 Aria concept and Panda Aria prototype. The 500 Aria showcased a Euro 5 friendly 98g/km diesel 1.3 16v Multijet engine with a Stop&Start system (better for emissions, better for premature starter motor wear) and predominantly recycled interior materials.