C5zz-18a017-a Scott Drake 64-66 Shock Tower Cap (black) on 2040-parts.com

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.

Nissan to build sporty crossover in the UK

By Ben Pulman First Official Pictures 03 June 2008 10:33 Nissan has announced it will build an all-new car in the UK from 2010, and released a sketch to whet our appetites. The model is an addition to Nissan’s current range and is described as an ‘innovative all-new compact car’. The new car is expected to be a crossover model, with Nissan previously having stated it wishes to expand its line-up beyond Qashqai, Qashqai+2 and the forthcoming Murano.

The most expensive Ferrari ever sold at auction

A new record price was set at Pebble Beach this weekend when the 1967 Ferrari 275 GTB/4*S NART Spider pictured here became the most expensive Ferrari ever sold at auction. That isn’t the same as saying it’s the most expensive Ferrari ever, but the NART Spider is an extraordinarily special piece of Prancing Horse history. Join us as we explore what makes this particular car so important, and take a closer look at one of the most valuable cars in the world.