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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.

Ferrari Scuderia Spider 16M (2008) first official photos

By Ben Pulman First Official Pictures 09 November 2008 12:36 These are the first pictures of the new Ferrari Scuderia Spider 16M, essentially a drop-top version of the sublime 430 Scuderia. Unveiled this past weekend at Ferrari’s World Finals end-of-season gig at Mugello, just 499 Scuderia Spider 16Ms will be built, each costing over £180,000. Ferrari says its latest model has been built to celebrate the Prancing Horse’s 16th F1 Constructor’s title, hence the ‘16M’.

Interior Motives Awards 2012 judges decide shortlist

The Interior Motives Awards 2012 judging panel has whittled down a huge amount of entries into this year's competition to a shortlist of potential winners. The list can be viewed here. Over 160 aspiring young designers from 47 schools in 17 countries entered the competition, reflecting the growing recognition of the importance of the Interior Motives Student Design Awards among would-be vehicle designers.