2 Bendix Magneto S6rn-25 Cessna on 2040-parts.com

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.

Volvo Concept You – the future Volvo

Volvo Concept You - Volvo's future direction We have to confess that we weren’t huge fans of the Volvo Concept Universe at Shanghai this year, but the Frankfurt offering – the Volvo Concept You – is more convincing. The Concept Universe at Shanghai was just a bit too much ‘East meets West’ in design, with the feeling that it was just not quite the right direction for a new, more upmarket Volvo to follow. But the Concept You is more convincing.

Lexus CT 200h by Fox Marketing gets 300bhp

Lexus CT 200h by Fox Marketing gets a Supercharger and 300bhp You may recall, at the end of last month, we reported on the Lexus CT 200h by Fox Marketing, a pimped and tarted Lexus CT 200h which was going to feature a supercharger bolted to its HSD. At the time we had precious little detail beyond a photo of a CT 200h being endowed with go-faster body and primed for a paint job. But now, with the reveal at the New York Motor Show, we have a little more.