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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.

Car thieves shun 4x4s

By Nigel Wonnacott Motor Industry 01 July 2008 11:36 Greens hate their CO2 emissions, campaigners may question their safety record and owners might be feeling the pinch at the pump. But 4x4s can claim at least one advantage over smaller cars; they are among the least likely types of car to be stolen. According to the latest Home Office Car Theft Index, just four in every thousand 4x4s and people carriers in Britain were stolen in 2006, compared to seven for Fiesta and Astra-sized cars.

Citroen DS Wild Rubis SUV Concept: Official (+ Video)

Revealed this morning, the DS Wild Rubis Concept is a proper full-size SUV from the French car maker which, we assume, is being targeted primarily at China. Citroen’s history in recent years with full size cars has been poor, with no one but the French themselves buying them in any sort of reasonable numbers. But with the car buyer’s passion for SUVs – even full sized ones – we could see Citroen deciding to put the Wild Rubis on sale in Europe if the feedback is positive.