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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.
Suzuki Swift (2011) at Frankfurt motor show
Tue, 13 Sep 2011Back in 2006, the Suzuki Swift took CAR Magazine’s Car Of The Year gong ahead of some pretty accomplished opposition. But, since then, it’s rarely featured in our pages while the Renaultsport Clio has stolen our small-car affections. Suzuki’s star of the Frankfurt show, the Suzuki Swift Sport, hopes to put the model back on the radar.
Mini, Airstream collaborate on concept for Italian show
Thu, 12 Mar 2009One of the last things we expect to see is a Mini towing around a 22-foot Airstream trailer, but that's exactly what will be on display in Milan, Italy, at the Salone del Mobile show in April. The one-off concept brings together the two iconic brands to produce a combination that surely will please beachgoers. For a modern styling touch, the duo tapped furniture producers Republic of Fritz Hansen to work its magic on the Cooper S Clubman tow car and the Airstream trailer.