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New Porsche 911 Carrera (2012) arrives ahead of Frankfurt

2012 Porsche 911 Carrera - Official We did say, when we published leaked photos of the new Porsche 911 last week, that it wouldn’t take Porsche long to respond. In the end it’s taken just six days for them to reveal the 2012 Porsche 911 Carrera. Of course, this is Porsche.

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.

Brake issue prompts recall of BMW and Rolls-Royce vehicles

BMW is recalling about 198,000 cars with V8 and V12 engines to fix a problem with the brake system. The automaker said a potential leak in the brake system could cause a loss of vacuum, which would reduce the power braking assistance. BMW said the mechanical brakes will stop the vehicle even if there is a vacuum leak.