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Crunch watch Apr 09: the auto industry in crisis

By Tim Pollard and Ben Pulman Motor Industry 30 April 2009 17:21 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  Thursday 30 April 2009• It's official: president Barack Obama confirms this afternoon Chrysler will file for Chapter 11 bankruptcy protection as it strikes a patnership with Fiat (Automotive News, subscription required)• 'Over the past month, seemingly insurmountable obstacles have been overcome,' says Obama. 'Chrysler and Fiat have formed a partnership that has a strong chance of success' • Chrysler is filing for bankruptcy protection under Section 363(b) of Chapter 11 bankruptcy code – expected to last for 30-60 days (Detroit News)• Treasury to pay Chrysler $4.5 billion 'in exit financing'• Chrysler tipped to get new board of directors.

2014 Jaguar XK Signature and Dynamic R specification revealed

The 2014 Jaguar XK Dynamic R (left) and XK Signature The Jaguar XK – in naturally aspirated guise or as an XKR – is getting a bit long in the tooth, so Jaguar have launched two special editions – the XK Signature and Dynamic  R specification – to try and put a bit of fizz in to sales. Jaguar are proclaiming the XK Signature and Dynamic  R specification as special editions, but at substantial discounts to the current models – and with increased specification – it looks like these two new models are going to be the Jaguar XK range for 2014 (plus the Jaguar XKR-S). The Jaguar XK Dynamic R gets the same 503bhp 5.0 litre supercharged engine as the XKR but gets both the Black Dynamic Pack and Speed Pack as standard as well as a sports exhaust, Performance Seats with diamond stitching and 20” Vortex diamond turned wheels.

Got a Supercar? Going to Goodwood FoS? They’ve got you covered.

You’ll now be able to park your Supercar at the Goodwood FoS The 2013 Goodwood Festival of Speed is looming, and apart from the usual mix of petrol, faces and cars there’s a new innovation to get more supercars in front of the petrolheads that flock to Sussex for a summer fix of high octane fuel – forward parking for supercars. If you’ve ever been to Goodwood – and if you haven’t, you should – then you’ll be a little overwhelmed with the number of supercars littering the car park. Well, a field that’s a bit of a walk away from the main action, and where everyone parks.