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Crunch watch Nov 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 Monday 30 November 2009• Saab's future is likely to become clearer tomorrow when the GM board meets in Detroit. It will have to decide whether to seek a new buyer or put Saab into liquidation (Financial Times)• Don't rule out an eastern bid for Saab: Beijing Automotive is still interested in buying the Swedish car maker despite its joint bid with Koenigsegg hitting the rocks, reports Automotive News.

Jaguar Land Rover production in Saudi Arabia – but not for a long time

Jaguar Land Rover are mulling the idea of setting up an assembly plant in Saudi Arabia next to a new aluminium smelting plant. When you’re Ratan Tata, and you not only run one of the biggest conglomerates in the world but also the culturally British Jaguar Land Rover, the world tends to listen when you speak. So when Ratan Tata said in an interview last week with Autocar India that JLR were looking at setting up an assembly plant and press shop in Saudi Arabia, the car world woke up and declared ‘Jaguar Land Rover to build cars in the Middle East’.

McLaren Resurrects Iconic GTR Badge For Track-Only P1

NOT convinced that McLaren’s current P1 supercar is fast enough? Don’t worry, as the supercar maker has unveiled plans to build a limited-run version packing 1000 horsepower. You’ll have to be quick though, as this track-only model will be built after the 375th and final regular P1 variant leaves the production line.