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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.

Has this artist created forms that genuinely visualize dynamic design?

German artist Felix Deimann explores abstract shapes in his latest animation, creating a work that's full of inspiring forms. While it’s common for car designers to talk up how dynamic their designs are, and how they've been inspired by anything from a swimming shark to a fighter jet, this work is far more authentic in its visualization of movement. His thesis takes its name from the Olympic motto 'Citius, Altius, Fortius,' which is Latin for Faster, Higher, Stronger.

Lamborghini Aventador LP720-4 50 Anniversario heading for Shanghai

So, even though the Veneno was the Lamborghini 50th Anniversary car at this year’s Geneva Motor Show, it looks like Lamborghini is having a second ’50th Anniversary’ special up their sleeves – the Lamborghini Aventador LP720-4 50 Anniversario. According to Carscoops, the Lamborghini Aventador LP720-4 50 Anniversario will debut this weekend at the Shanghai Motor Show as a limited run of just 100 cars to add an extra celebratory veneer to Lambo’s 50th year as a supercar maker. The LP720-4 50 Anniversario comes in an eye-catching bright yellow - Giallo Maggio – with a black aerodynamic package to contrast that includes a new front apron, diffuser and skirts.