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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.

Goodwood Revival 2011

The middle week of September was a crowded one for the CDN team with coverage of the Frankfurt motor show but we still found time to get our period tweeds out and head down to Sussex to cover the Revival weekend. This historic motor racing festival runs over three days, with Friday set aside for qualifying and practice, and races on Saturday and Sunday, with aggregated times to decide the final winner. Special themes this year included 50 years of the E-Type and this years' Fordwater Trophy grid was composed exclusively of this classic front-engined GT, including Lightweight and Low Drag versions that took on the Ferraris and Cobras of the period.

Peugeot RC Z will be built

By Ben Pulman Motor Industry 24 April 2008 12:50 The Peugeot RC Z has been confirmed for production. After claims about gauging public reaction, and teasing us with drives in a concept car that felt production-ready, the French manufacturer has done the decent thing and decided to build the RC Z. The production model will be shown at the 2009 Frankfurt show, two years after the concept was first unveiled.