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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.

2013 Dodge Viper to debut at 2012 New York Motor Show

2013 Dodge Viper to arrive at 2012 NY Auto Show The ultimate American Muscle car – the Dodge Viper – is to return to showrooms with an all new 2013 MY Viper launching at the 2012 New York Auto Show in April. There was a time – in the mire of Chrysler’s woes – when there was a chance the world would lose the mad muscle car that is the Dodge Viper. But Chrysler managed to rise Phoenix-like from the ashes of its financial turmoil, to be given a lifeline from Sergio Marchionne’s desire to rule the auto world with Fiat, and common sense returned.

New 2015 Skoda Fabia revealed ahead of Paris Motor Show

Skoda has released pictures of its new Fabia supermini, ahead of its public debut at the Paris Motor Show in October. It’s expected to return up to 91mpg - which would make it the most economical supermini on sale in the UK - with prices starting from just over £10,000. Click on the image above to read more about the 2015 Skoda Fabia