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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.

New Mercedes A Class to spawn electric version made by Tesla

New Mercedes A Class EV on the way via Tesla It would appear that Mercedes-Benz are planning an electric version of the new Mercedes A Class with a powertrain by Tesla. The new Mercedes A Class arrived at the Geneva Motor Show in March as the Mercedes answer to the BMW 1 Series, and a very convincing new A Class it looks too. From an entry-level A Class which will get a Renault 1.5 litre dCi lump to deliver a sub-99g/km model all the way up (eventually) to a 4WD, 300bhp AMG A Class, it looks like the new A Class will cover the bases for every buyer, and then some.

Subaru breaks down BRZ development: Video

All right, who’s in for a 20-minute documentary about the Subaru BRZ sports car? The company saw fit to explain the development of the car in two YouTube clips. We’re sure you Subaru fans will love it.