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Crunch watch Jan 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Gareth Evans Motor Industry 30 January 2009 12:39 Friday 30 January 2009• Honda is about to close the Swindon factory for four months when Friday's shifts are finished; the shutdown will affect 2500 of the 3700 staff, who will receive full pay for two months and then 60% pay for the next eight weeks (BBC News)• Porsche has announced a sharp drop in sales and likely profits. It forecasts a 27% drop in 911, Boxster, Cayman and Cayenne sales to around 34,000 units in the six months to the end of January 2009 (Financial Times, subscription required)• Ford wants Washington to do more to stimulate car sales, after posting a record loss of nearly $14.6 billion earlier this week (Detroit News)• Honda's quarterly profit has crashed by 90% – forcing the Japanese car maker to halve its annual profit target (Detroit Free Press)Thursday 29 January 2009• Ford of Europe is a bright spot in the Blue Oval's quarterly results today, making $1.06 billion pre-tax profit in 2008 (up from $997m in 2007). It's the first profit of more than $1bn since 1989 (Automotive News Europe, subscription required)• Volvo suffered a 'disastrous 2008' with a pre-tax loss of $1.46bn.

Brabus Tesla Roadster (2008) : batteries with bling

By Tim Pollard First Official Pictures 13 November 2008 15:04 Cometh the hour, cometh the tuning company. Brabus, purveyors of all things fast and freaky, is turning its hand to the electric Tesla Roadster. It's unveiling this customised battery car at the 2008 Essen car show – and the company has launched a new arm called Brabus Zero Emission to cater for the growth in eco-friendly cars.

Jay Leno gives us the lowdown on his McLaren P1 (video)

Jay Leno drives his new McLaren P1 Jay Leno has no shortage of cars to play with in his collection, but if this video of Jay and his new McLaren P1 is anything to go by, the P1 is his favourite car by far (at least for now). Jay meets up with McLaren CEO Mike Flewitt at his garage and there’s plenty of chat about what makes the P1 special, and how it compares to the legendary McLaren F1 (a car Jay also owns). Then it’s time for a drive out in the P1, first with Mike Flewitt as a passenger and then with Jay on his own as he takes the P1 round the winding roads near his home, and Jay reveals that he put nearly 900 miles on the clock in the first five days he had the P1.