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Peugeot 208 GTi price from £18,895

Peugeot has revealed that the new 208 GTI will cost from £18,895, with the order book for the 208 GTi opening in March. That price will be £18,895 – almost £2k more than the new Fiesta ST - and includes the usual GTi stuff like 17″ alloys, new grill, LED running lights, twin exhausts, leather and cloth upholstery, red trim details, DAB, rear parking and a smattering of GTi badges. Peugeot also say that the 208 GTi has been fettled to make it a more sporty prospect than the standard 208, with retuned suspension and wider track.

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.

NO Jaguar SUV says Ian Callum

NO Jaguar SUV says Ian Callum Jaguar design boss Ian Callum has stated that Jaguar are NOT planning an SUV but could build a crossover. Ever since Jaguar’s Brand Director Adrian Hallmark said that Jaguar needed a crossover there’s been much speculation (from Cars UK just as much as elsewhere, we confess) that a Jaguar SUV is in the planning, despite Land Rover’s pre-eminence in the field. But it looks like we should have listened more carefully to Adrian Hallmark, who actually said Jaguar “…need a crossover and we need to stop being a saloon-based company.” We all leapt on the ‘stop being a saloon-based company’ bit as confirmation an SUV is planned when Adrian actually meant a crossover and not a full-blown SUV.