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Crunch watch Jan 09: the auto industry in crisis
Fri, 30 Jan 2009By 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.
2012 Toyota Land Cruiser V8 revealed
Wed, 28 Dec 20112012 Toyota Land Cruiser V8 revealed in Japan Toyota has revealed the facelift for the 2012 Land Cruiser V8 in Japan. The European version will debut in Brussels next month. Just to be clear, it’s the Toyota Land Cruiser V8 that’s had a facelift and appeared in Japan, not the smaller Land Cruiser we also have in the UK (which gets called the Land Cruiser Prado in other markets).
2012 Renault Scenic / Grand Scenic facelift
Fri, 02 Dec 2011Renault Scenic & Grand Scenic get a facelift for 2012 Renault has tweaked the Scenic and Grand Scenic for 2012 with a mild styling facelift, trim changes and two new engines. The Renault Scenic (and Grand Scenic, too) were really the first in the race to fill a niche for comfortable, versatile transport for ferrying your brood and their stuff. Not completely French-soft in ride – but far more comfortable than most later rivals – and quite well built, the Scenic – with its Megane roots – offers a better than average combination of handling and grip, even if it is a bit compromised by its height.