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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.

CDN–GM/PATAC Interactive Design Competition China winners announced

The winners of the CDN-GM/PATAC Interactive Design Competition China have been announced during Car Design Night at The Waterhouse in Shanghai on April 20, 2013. The inaugural Chinese installment of the popular student design competition has been a huge success, with 1,241 submissions during the five-month process. February saw an amazing number of last-minute entries that ensured a tough decision when the judges, including Brian Nesbitt, vice president of Design at GM International Operations, Michael Simcoe, executive director – Global Design GMIO at Holden, Min Cao, chief designer/Advanced Design director at PATAC, Burt Wong, executive deputy director of PATAC Design Department at PATAC, and Holt Ware, executive Design director at PATAC, met to choose a winner last month.

Daihatsu hits Indonesian show with eight new concept cars

Daihatsu has launched a product offensive on the Indonesian International Motor Show in Jakarta, with eight concept cars all based around the theme ‘Compact ECO Mobility Best Friend'. As their endearingly Jenglish theme suggests, each of the cars is as compact as possible – Daihatsu is best known for producing Kei cars for its domestic Japanese market. (Incidentally the company's Tanto remains the most adorable of the Kei breed.) The UFC 2 (the blue car) is an evolution of the UFC that was show in 2012 and manages to squeeze seven seats into is handsomely contemporary body.