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Crunch watch Sept 09: the auto industry in crisis

By Tim Pollard Motor Industry 30 September 2009 11:30 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  Wednesday 30 September 2009• Mitsubishi's global production in August was 62,924 units, a decline of 32.1% compared to August 2008. It was also the 18th consecutive monthly decrease for the Japanese car company (Mitsubishi)• Fernando Alonso has signed a three-year deal to drive for the Scuderia Ferrari F1 team.

Arizona auctions: Scottsdale sales net an estimated $157 million

WITH VIDEO -- Five days of sales staged by auto auction companies in the Phoenix area pulled in a combined estimated total of $157 million, according to Hagerty Insurance. The five companies staging auctions--Barrett-Jackson, Gooding & Co., RM Auctions, Russo and Steele and Silver Auctions--offered 2,887 lots for sale and sold 2,325 of them, an 81 percent sell-through rate. A 2006 Ferrari FXX Evoluzione at the Gooding auction was listed as the top single sale with a price of $2.09 million, Hagerty said.

Mercedes SLC (a ‘Baby’ SLS) confirmed. Again

Mercedes SLC confirmed once more Mercedes big-wigs have been discussing future plans for AMG and have confirmed production of the Mercedes SLC – a baby SLS. It’s always nice to speculate on new cars to come from interesting car makers, and in the case of Mercedes we’ve been actively playing the baby SLS game – a Mercedes SLC – since 2009. What we need to remember is that the SLS – and any SLC to come – is not really a Mercedes, it’s an AMG.