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Crunch watch June 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Peter Adams Motor Industry 30 June 2009 11:35 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  Tuesday 30 June 2009• Porsche says it is no longer applying to the German Kreditanstalt für Wiederaufbau central bank for a €1.75 billion bridging loan. This means it'll now have to seek finance elsewhere (Porsche) • Seat announces its best-ever month for used car sales; it sold 915 second-hand cars in May (Seat)Monday 29 June 2009• Jaguar Land Rover has opened its first showroom in India.

Nissan Leaf gets lower base price

Nissan Motor Co. will cut the base price of the slow-selling Leaf electric car by 18 percent, or $6,400, the automaker said Monday. Nissan will sell a 2013 base Leaf S for $28,800, down from $35,200 on the 2012 base model.

CAR interviews McLaren Group CEO Ron Dennis (2014)

By Gavin Green Motor Industry 17 June 2014 09:44 It seems 903bhp may not be enough. Ron Dennis – back in charge of McLaren Group as CEO after two years of hands-off frustration – confides that some owners of the P1 hypercar are demanding ‘something a bit more edgy’. Perhaps there’ll be a second chapter in the P1 story; 375 hand-built cars have already sold out to wealthy enthusiasts.