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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.

Infiniti push on with Q50 Eau Rouge project with Sebastian Vettel (video)

Sebastian Vettel takes the Infini Q50 Eau Rouge round Millbrook The Infini Q50 Eau Rouge Concept made an appearance at the Detroit Auto Show in January as a possible Performance halo from Infiniti and featuring an appealing 552 bhp. And it looks like it could be heading for production. With Infiniti keen to cash-in on its sponsorship of Red Bull – and the appointment of Sebastian Vettel as Performance Director – the Q50 Eau Rouge could be a good way to create a halo performance model for Infiniti.

Citroën separates DS and C line design departments

Citroën is reorganizing its design division in order to create a dedicated design department for its semi-premium DS line of models, led by Thierry Metroz. The new structure will come into effect on 1 June. Alexandre Malval, former head of styling for the DS5 and C5, will manage the mainstream C line.