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Crunch watch Feb 09: the auto industry in crisis
Mon, 02 Mar 2009By 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.
England's first motorway pub set to open
Mon, 20 Jan 2014The British motorway network has a history of firsts. The first motorway was famously the eight-mile stretch of Preston bypass, which opened on the 5 December 1958. Then came the first motorway services at Watford Gap in November 1959.
Inside the Lexus LFA Centre of Excellence
Mon, 31 Mar 2014Inside the Lexus LFA Centre of Excellence The Lexus LFA is like no other Lexus – and, in many ways, unlike any other supercar – so Lexus make sure the 38 LFAs in Europe get the specialist care they need. Lexus has established a Centre of Excellence for the LFA in Cologne where a team of LFA experts make sure that every LFA in the UK and Europe gets treated just like a Le Mans car when it comes in for servicing. That means removing body panels to get access to the suspension, steering and subframe, every nut and bolt double checked, fingertip inspection of the discs and pads, x-rays to check for wear and detailed inspection of the CFRP bodyshell as well as normal stuff like oil and filter changes.