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Crunch watch Feb 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Ben Whitworth Motor Industry 02 March 2009 18:11 Monday 2 March• The Volkswagen Group announces a 5% rise in sales revenues in the 2008 tax year and a 3% increase in operating profits, up to €6.3 billion. Chairman Martin Winterkorn said the group's multi-brand strategy and low CO2 cars had helped sustain sales, although he admitted that 2009 would see a fall in demand and revenues (Volkswagen) Friday 27 February• Jaguar Land Rover announces a significant order for 13,000 cars from a Chinese business. It's a morale boost for JLR which has been hit by a slump in demand with the global slowdown (BBC News)• Opel this afternoon agreed to a restructuring plan designed to save as many jobs and factories as possible – but it needs a €3.3 billion lifeline from the state.

Edo turn Aston Martin DB9 in to Aston Martin DBS. Why?

The Edo Competition Aston Martin DBS When your business is to play games customising exotic cars you must get used to strange requests from clients with more cash than class. We’ve all seem abominations that should have been still-born, but business is business and tuners aren’t going to turn down business if it brings in the readies. So when Edo competition got a Russian client asking them to turn his five year old Aston Martin DB9 in to a DBS they were happy to oblige.

Jaguar XJ Review (2012): 3.0 litre Diesel Portfolio LWB

We’ve had the latest version of the Jaguar XJ in for review – the LWB 3.0 litre Diesel Portfolio with Sports Packs – to see how the XJ is maturing. It’s getting on for two years since we had the first Jaguar XJ in for review, and almost three years since we first saw the new XJ at the Saatchi Gallery in London, almost a year before Jaguar managed to get their new range-topper in to showrooms. In between we had a long-term XJ in for review which was with us for four months and proved to be far more reliable than the early car we had in – which did have problems – and a car we covered most the UK in with almost nothing in the way of hiccups.