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Crunch watch Dec 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 Wednesday 30 December 2009• Saab's PR chief told AN that GM is extending the deadline for a sale to 7 January – and the Trollhattan factory will resume limited manufacturing in early January to build the new 9-5 and some 9-3 cabrios (Automotive News, subscription required)• Last night Bloomberg reported a Saab board member claiming that the 31 December deadline for a Saab sale or closure 'is not holy'. If GM receives a bid that is 'sufficiently interesting', it'll extend the deadline, said the Saab suit (Automotive News, subscription required)• GM is offering massive discounts on Pontiac and Saturn cars, as it seeks to get rid of the remaining stock from these terminated brands.

Skoda Fabia (2015) unveiled: first pictures of Czech supermini

By Tim Pollard First Official Pictures 19 August 2014 08:00 Czech HQ has issued this pair of pictures of the new 2015 Skoda Fabia. They reveal a conservatively styled supermini in the vein of a shrunken Octavia with a dash more sophistication than today’s workaday hatch. The new, third-generation Fabia sticks with the crisp, defined surfacing that has come to represent Skoda’s ascetic formality.

Saab facing bankruptcy – again

Saab are facing bankruptcy once more. Saab has not had a happy history, certainly since it was swallowed up by GM and pushed in to building Saabs with GM underpinnings. Then, in the midst of the bankruptcy of GM, Saab went through a circus of possible owners before GM sold Saab out to Spyker, but Spyker couldn’t make a go of things and they too went bankrupt.