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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.

Nissan says the Leaf EV beats the Chevrolet Volt with 367 mpg

The green car mileage race is now under way, and Nissan Motor Co. isn't impressed by the Chevrolet Volt's 230-mpg claim. The Japanese automaker says its new Leaf electric vehicle gets 367 mpg, or about 60 percent better fuel efficiency.

Drink Drive Limit Cut: Binned for now

The Drink Drive Limit safe - for now Having already criminalised a huge swathe of the motoring population of the UK by sticking endless ‘Safety’ Cameras anywhere they will catch drivers unaware and rake in huge fines, it seemed the Con-Dems were about to emulate the last administration’s actions on motorists and move to a stupidly low drink drive alcohol limit to try and criminalise the handful of motorists the speed cameras hadn’t already nabbed. Earlier this summer a quango report – lead by ‘Expert’ Sir Peter North – declared that the UK’s drink drive limit should be lowered from the current 80mg of alcohol per 100ml of blood to 50mg – less than a pint for most people. In our risk averse, nanny-state, ‘elf ‘n’ safety obsessed world it seemed a dead cert that the UK would adopt a lower limit – as the report recommended -  in line with much of Europe.