Walker Exhaust Pipe Reducer 41786 on 2040-parts.com

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.

Ferrari 599XX unveiled at Geneva motor show 2009

By Ben Pulman First Official Pictures 03 March 2009 13:02 This is Ferrari's 690bhp 599XX, a stunning €1.1million showpiece for the Prancing Horse’s future technologies. Let’s start with the engine. It’s basically the V12 from the awesome Enzo, so a little extra power is easily achievable.

Kia Pro_Cee’d GT Turbo first photo leaks out

We have the first of the 2013 Kia Pro_Cee’d GT – Kia’s Pro_Cee’d with the Veloster Turbo engine – ahead of its debut at the 2013 Geneva Motor Show. We reported back in October that Kia were definitely going to stick the 1.6 litre petrol turbo from the Hyundai Velsoter in to the 3-door Pro_Cee’d to create a quite warm hatch to start chasing the hot hatch market, and Kia themselves teased the Pro_Cee’d GT in November. And now, ahead of the reveal of the Pro_Cee’d GT in March at Geneva, we get the first photo of the Pr0_Cee’d GT complete with the added butchness we expected to differentiate the GT from its more prosaic siblings.