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Crunch watch August 09: the auto industry

By Tim Pollard, Alex Michaelides, Ben Pulman and Freddie Fulton Motor Industry 31 August 2009 10:00 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 31 August 2009• Bank holiday today in UK; staff on a well earned break from Crunchwatch!Friday 28 August 2009• Toyota will stop producing vehicles at the New United Moor Manufacturing plant in California next March. Company officials and California governor Arnold Schwarzenegger announced the decision, which comes in the wake of factory partner GM’s announced that it would abandon the venture back in June (Detroit News)• Tengzhong may finalise its deal to buy Hummer from GM next week, well placed sources told AN (Automotive News, subscription required)• German economics minister Karl-Theodor zu Guttenberg says it is 'hardly realistic' for GM to keep hold of its European outfit Opel and Vauxhall (Automotive News Europe, subscription required)• Ford's US cop car favourite, the Crown Victoria, is going to cease production in 2011 (Detroit News)Thursday 27 August 2009• Nissan and Chrysler have abandoned plans to build cars for each other in the wake of Chrysler’s alliance with Fiat.

MINI John Cooper Works Coupe Endurance at Nurburgring 24 Hours +video

MINI John Cooper Works Coupe Endurance- off to the Nurburgring It did take a while to drag the MINI Coupe – screaming and kicking – in to the limelight. Too shy to arrive fully formed, MINI revealed the Coupe at the start of the month with a modesty blanket of black and white swirls over its money shot – the helmet roof and proper little boot. But it took just two weeks for the new MINI Coupe to pluck up the courage to strut its stuff undisguised, and we were treated to a photo avalanche to celebrate its arrival.

Strong results for Maserati

By Chris Hope Motor Industry 27 July 2007 02:27 This week has thrown up some surprising financial results for struggling car manufacturers from all corners of the industry. Last February, at the release of the Quattroporte Automatica saloon, chief exec Roberto Ronchi promised an end to Maserati’s financial woes. Five months later, the Italian supercar maker sees black for the first time in its 17-year Fiat stewardship.