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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.

Infiniti electric sports car concept (2012) teased

Infiniti has trailed a new range-extending electric sports car concept - a long way ahead of its planned debut at the 2012 Geneva motor show. The company already plans an electric Infiniti to piggyback the EV learnings from parent firm Nissan, whose Leaf is the first mainstream electric car built from scratch. But this new sports car will pack a range-extender system, with a petrol or diesel engine to charge the battery when charge gets low.

Toyota Avalon [w/gallery]

Toyota has revealed more details and pictures of its Avalon sedan, first seen at last year's New York auto show. The Avalon, designed at the carmaker's Calty design studio, offers a glimpse of Toyota's new emphasis on design and to help reposition its flagship sedan within the premium mid-size segment. The height has been reduced by 25 mm while the overhangs have been reduced by 15 mm at the front and 45 mm at the rear.