Jeep Wrangler Tj Gibson Exhaust 2000-2006 on 2040-parts.com

Crunch watch Jan 09: the auto industry in crisis

By 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.

Jaguar C-X75 at Berkeley Boutique +video

Jaguar C-X75 is on show at the Berkeley Boutique It’s easy to get a bit carried away when writing a headline. Perhaps not to the degree of xenophobic alliteration so beloved of our red-tops, but carried away with the moment nonetheless. But the range of headlines surrounding the Jaguar C-X75 Concept when it turned up at Paris in September where all in the same vein – the Jaguar C-X75 stole the show – and they were no exaggeration.

Watch the Corvette Z06 live reveal here

Chevrolet announced it will be video streaming the reveal of its much-anticipated 2015 Corvette Z06 from the Detroit auto show floor, and you can catch the whole event below. The preview starts at 9:30 am on Monday, January 13 and will also include the first official look at the upcoming C7.R Corvette race car. You may recall the spy photos of the Z06 we captured testing earlier this year, and the single teaser image Chevy released of the upcoming hi-po Corvette indicates some of the cosmetic changes.