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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.

Hennessey Performance CTS-V wagon breaks its own record at the Texas Mile

Everything's bigger in Texas, and it appears everything's faster, too. John Hennessey and his company, Hennessey Performance, brought its tuned-up, 707-hp Cadillac CTS-V wagon--a.k.a., the Hammer Wagon--to the Texas Mile and posted a one-mile speed of 189.7 mph, a new record for the car. And that wasn't even terminal velocity, according to Hennessey.

Lamborghini’s Hexagon Project finally delivers the Lamborghini Huracan (video)

Lamborghini’s Hexagon Project finally delivers the Lamborghini Huracan We wonder how much time, effort and money Lamborghini spent on their silly Hexagon Project to tease the new Lamborghini Huracan? Whatever the amount, it was too much. The irritating sequence of teaser videos has seen a trio of hapless lads from the UK attempt to unveil the replacement for the Gallardo before the world’s media – or Lamborghini – could manage to.