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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.

Peugeot 508 facelift (2014) revealed: in pictures

By Phil McNamara First Official Pictures 18 June 2014 13:01 Peugeot has rearmed its 508 range with a fresh look, cleaner engines and a modernised cockpit, before sending it back into a saloon market that’s proving a bloody battleground for mainstream car makers. Peugeot’s revamped saloon and estate range goes on UK sale this autumn, with prices likely to start around £20,000. The Passat rival looks refreshed by a new nose: the grille is larger, with the lion badge taking up residence there having deserted the bonnet.

Seat IBL concept car (2011) at Frankfurt motor show

Seat is sometimes described as Spain's answer to Alfa Romeo. And if that's the case, then the new Seat IBL concept car is surely a 159-influenced take on what future Seat road cars could look like. The IBL concept is another ideas car from Seat – an exploration of what to expect from future models.