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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.

Mercedes S-Class Coupe: Frankfurt 2013

The Mercedes S-Class Coupe (pictured) arrives in concept guise at Frankfurt The Mercedes CL was never really the big seller you might expect a coupe version of probably the best saloon car in the world – the Mercedes S Class – to be, But that could change with the new Mercedes S-Class Coupe, revealed today at the Frankfurt Motor Show as a concept. The Concept S-Class Coupe – which looks pretty much production-ready – comes complete with a new look, a look that reflects Mercedes’ recent design changes with a clear feel of a grown-up CLA in its lines. The long bonnet, raised line running from the front wings to the back wheelarch, no B-pillar, and a nose that takes the good-looking front of the CLA as its cue – but takes it a step further – makes the S-Class Coupe look like a proper Mercedes in its own right and not just a two-door version of the S-Class.

New Volvo tease for Frankfurt – is it a modern P1800 Coupe? (video)

New Volvo tease for Frankfurt (pictured) Is it a modern P1800? We really didn’t have anything completely new and radical on the radar from Volvo for the Frankfurt Motor Show next month, but if this teaser video from Volvo is anything to go by, we could be in for a surprise. Volvo has released a new video to tease something new at Frankfurt which is mainly a designer sketching and Volvo’s Head of Design - Thomas Ingenlath  - standing with his arms folded.