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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.

Volvo Plug-In Hybrid by 2012

Volvo are working on a plug in Hybrid for 2012 offerng 50g/km Co2 emissions Laudable though this intent is, it’s a little like the Vauxhall / Opel Ampera – it relies on technology that doesn’t yet exist to deliver what it promises. But to get things moving, Volvo are going to be running a number of Volvo V70 diesel-electric Hybrids round Europe this year, to guage customer feedback and try to establish exactly what the consumer wants. They also want to establish exactly what the consumer can live with in terms of ‘Re-fuelling’.

Ferrari 599 GTO

The Ferrari 599 GTO is the third in an illustrious line of Gran Turismo Omologato models from Maranello. It may look like a lightly modified GTB Fiorano, but is, in fact, almost entirely new. The hood's prominent center bulge and aerodynamic wheel disks are a hat-tip to Ferrari's F1 cars, while the contrasting matte black roof and flying buttresses visually lower the center of gravity and break up the 599's mass.