Honda 91358-zy3-003 O-ring, Water Pump Housing (honda Code 6994578). on 2040-parts.com

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.

Guzzler program still operating; White House searches for funds

The federal cash-for-guzzlers program continues to operate this morning despite dealer reports that it was to be suspended at midnight last night because it was approaching its $1 billion limit. "It is not suspended," a White House spokeswoman, who asked not to be named, said in an interview today. "We continue to assess the program and its budget." National Automobile Dealers Association spokesman Bailey Wood said Thursday that the group had been told by Transportation Department officials of plans to suspend the program after just six days.

Pagani releases Huayra documentary [w/video]

Italian manufacturer Pagani has put together a 14-minute documentary tracking the development of its new Huayra supercar. The short film heads to the companies that help to make the carbon and titanium-bodied Huayra, such as Italian company ASPA that creates the car's logo for an entire day out of a solid block of aluminum. The finer points of the design and development of the 230 mph car are also explored, as well as detailing how Leonardo Da Vinci inspired Horacio Pagani's original design.