Crash injuries force Franchitti to retire

SCOTTISH RACING STAR Dario Franchitti has been forced to retire after suffering a number of injuries in a high-speed crash during a race in the US last month. The four-time IndyCar series winner spent five days in hospital after suffering concussion, a fractured vertebrae and a broken ankle in the last-lap crash at the Grand Prix of Houston in Texas. Franchitti, originally from Bathgate, West Lothian, said he had taken the decision based on medical advice.

GM contacting Chevrolet Volt owners as NHTSA investigates battery fire

General Motors on Monday said it is contacting all owners of the Chevrolet Volt plug-in hybrid to reassure them that the car is safe as the National Highway Traffic Safety Administration investigates a battery fire from a Volt that was crash-tested. GM said any Volt owner who had safety concerns would be offered a different GM car as a loaner vehicle. Executives also stressed during a teleconference that the battery issues were seen only in vehicles in the crash tests.

Crunch watch Feb 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Ben Whitworth Motor Industry 02 March 2009 18:11 Monday 2 March• The Volkswagen Group announces a 5% rise in sales revenues in the 2008 tax year and a 3% increase in operating profits, up to €6.3 billion. Chairman Martin Winterkorn said the group's multi-brand strategy and low CO2 cars had helped sustain sales, although he admitted that 2009 would see a fall in demand and revenues (Volkswagen) Friday 27 February• Jaguar Land Rover announces a significant order for 13,000 cars from a Chinese business. It's a morale boost for JLR which has been hit by a slump in demand with the global slowdown (BBC News)• Opel this afternoon agreed to a restructuring plan designed to save as many jobs and factories as possible – but it needs a €3.3 billion lifeline from the state.