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Ferrari 458 Italia recall?

Just 1 of at least 10 Ferrari 458 Italia Fires Update 1/9/2010: It took Ferrari a while to catch up with our story – well, a couple of days – but they got there. Ferrari say the fires on the 458 Italia are caused by the glue attaching a heat shield catching fire under high temperatures. Which sounds extremely odd, but that’s the explanation.

Jaguar Project 7 F-Type is the Special Operations Goodwood reveal

The Jaguar F-Type Project 7 revealed ahead of Goodwood FoS There were very few dissenting voices when Jaguar revealed their Project 7 F-Type Roadster Concept, homage to Jaguar’s D-Type, and it seems the almost universal approval of Jaguar’s creation has persuaded JLR that a production version of the Project 7 should be Jaguar’s first Special Operations division production car. And here it is. Due to be revealed at the Goodwood Festival of Speed later this week, the Jaguar F-Type Project 7 is a limited run, more powerful, more dynamic and more extreme version of Jaguar’s regular F-Type Roadster.

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.