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Crunch watch Jan 09: the auto industry in crisis
Fri, 30 Jan 2009By 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.
CDN announces judging panel for Car Design Awards 2010
Wed, 30 Dec 2009阅读本文中文版本请点击这里 Judges have been announced for CDN's competition to develop design talent within China. In line with the competition's aims, the judging panel comprises both Western and Chinese design chiefs, who will be awarding prizes to student entrants which include placements at an international design school. Chairing the panel for the Car Design Awards China 2010 competition will be Peter Stevens, the designer behind the McLaren F1 road car, Lotus Elan and Subaru Impreza P1 among others, and a visiting Professor of Vehicle Design at London's Royal College of Art.
LG seeks a ban on BMW & Audi imports to Korea
Thu, 29 Sep 2011Audi's LEDs are said to infringe LG patents It seems there isn’t a day that passes without big companies playing out their patent disputes in courts round the world. We’ve seen ongoing spats between Google, Apple, Samsung and HTC, and now we hear that LG Electronics is seeking a ban on imports of Audi and BMW cars to Korea over an LED patent dispute with Siemans Osram. LG Electronics has already demanded a ban on imports of LED products from Siemans Osram, and is now stepping up the pressure by demanding that Audi and BMW cars featuring Osram LED lights be banned.