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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.

Concept Car of the Week: Ford Mustang RSX Concept (1979)

In the late ‘70s, Ford commissioned carrozzeria Ghia to build a concept car based on the Fox platform to help promote its third generation Mustang. Probably inspired by the Escort RS's success at the World Rally Championship, the concept was dubbed RSX – standing for Rally Sport Experimental – and the Fox platform-based Mustang was modified as a rally car. To improve the handling, the wheelbase from the Fox was shortened by 142mm, the track was widened by around 25mm at the rear while the ride height was increased for off-tarmac stages of European rallies.

Mercedes C-class (2007): first official pictures

By Tim Pollard First Official Pictures 18 January 2007 07:00 Mercedes-Benz C-class: the lowdown This is the most important launch in Merc's diary this year - the all-new C-class. It's charged with bringing the compact exec bang up to date and giving it (Mercedes hopes) the edge over the BMW 3-series that's snatched class honours in recent years. There's a sharp new look, that's definitely pilfered some design cues from the S-class limo, plus a raft of new engines and some pretty nifty gadgets.