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Crunch watch Mar 09: the auto industry in crisis

By Ben Pulman and Tim Pollard Motor Industry 31 March 2009 13:48 Tuesday 31 March 2009• Porsche said that its earnings before tax rose to €7.3 billion in the six months to the end of January – including a €6.8bn windfall from its VW share options (Financial Times)• Fritz Henderson, GM's president and chief operating officer, will step up to replace Rick Wagoner, who was ousted on Sunday as CEO of General Motors (Financial Times)• President Obama is essentially CEO-in-chief of GM – despite not owning a single cent of stock, says Detroit News commentator (Detroit News)• German chancellor Angela Merkel gives assurances that any would-be investors in GM's European arm will be given state support. Opel is asking for €3.3 billion in aid – and up to 25,000 jobs in Germany depend on it, with up to 300,000 jobs across Europe including Saab and Vauxhall (BBC News)Monday 30 March 2009• General Motors' chief executive Rick Wagoner has been ordered to resign by US president Barack Obama with immediate effect. It's part of Obama's administration's critique of GM and Chrysler's turnaround plans – he's understood to be unhappy with the plans submitted (BBC News)• New GM non-executive chairman Kent Kresa has admitted that at the company's next general meeting it will have 'a majority of new directors' (General Motors)• Chrysler will receive US government aid for the next 30 days, but the Obama administration has said that if the company cannot secure a tie-up with the Fiat Group within that time period it will not receive any more money from the taxpayers and could go into liquidation.

Why Ford’s Euro design is changing: Joel Piaskowski replaces Martin Smith

By Tim Pollard Motor Industry 28 May 2014 14:30 Ford today confirmed that it is shaking up its European design team, as it appoints Joel Piaskowski to replace the retiring Martin Smith. Smith, 64, has led Ford of Europe’s design team for a decade and is the father of the brand’s edgy ‘kinetic design’, but will step down on 1 July 2014, it was announced this afternoon. Before he retires fully at the end of the year Smith will work with the Blue Oval’s vice president of design, Moray Callum, on a global project looking at the future of Ford design.

Audi A1 prices start at £13,145 in UK

Audi’s new A1 supermini has gone on UK sale today, priced from £13,145 for a 1.2 TFSI SE trim model to £18,280 for a range-topping 1.4 TFSI auto. That pitches the A1 slightly above the Mini, whose boggo First three-door kicks off at £12,620. But study the two rival supermini ranges from Audi and  BMW more closely and you’ll see they’re quite evenly matched.