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Crunch watch Jan 09: the auto industry in crisis
Fri, 30 Jan 2009By 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.
Frankfurt 2011: Jaguar C-X16 in the flesh
Wed, 14 Sep 2011Jaguar C-X16 - in the flesh at FrankfurtFrankfurt We’ve been accused of ‘dissing’ the new Jaguar C-X16 Concept when we first saw it revealed a few weeks ago. But that wasn’t the point of the story at all. We love the look of the Jaguar XE to be – just as we love Jaguar’s entire current range – but we did wonder out loud if Jaguar had been a bit timid with the C-X16.
Geneva motor show: Autoweek editors' picks
Wed, 05 Mar 2014From the wildest, most absurd supercars only a few oligarch gazillionaires will ever own to dinky econohaulers giving mobility to whole populations, Geneva had it all. We ogled everything from McLarens and Maseratis to Twingos and Tatas. If in fact Europe is still struggling in some ways to recover from the recession, it sure didn't look that way at the Geneva motor show: The Swiss show was out of neutral and had the hammer down.