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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.

McLaren to bring F1 GTR, LM and Longtail to Goodwood

McLaren is taking the 24 Hours of Le Mans off this year -- actually, it has taken the last 14 years off -- and is instead concentrating on a British tradition: the Goodwood Festival of Speed. The company confirmed it would bring the 1995 Le Mans-winning McLaren F1 GTR to take on the hill this year. It will be joined by the one-off prototype McLaren F1 LM, as well as the Gulf-liveried McLaren F1 GTR Longtail, which claimed second place in 1997.

Jaguar Land Rover drops plans to close one of three England plants

Jaguar Land Rover said Friday it no longer plans to close one of its three auto plants in England after reaching an agreement with trade unions. The automaker, which Ford Motor Co. sold to India's Tata Motors in 2008, said it would be significantly increasing the number of models in its range and creating thousands of jobs over the next decade.