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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.

VW extends used-car warranties to all brands

The Volkswagen brand, as part of its push for 800,000 U.S. sales by 2018, has a new used-car warranty program to help dealers sell trade-ins from other brands. This October, VW rolls out "WorldAuto," which extends a limited one-year, 12,000-mile warranty to used non-VW makes and models.

Audi Quattro concept (2013) at Frankfurt motor show

This is our first look at Audi’s new Quattro concept, the latest evolution of Ingolstadt’s plot to build a flagship super-coupe inspired by its Eighties all-wheel drive icon. However, it doesn’t just look a whole lot more aggressive than the original 2010 Quattro concept – it’s also massively punchier under the skin. What’s new exterior-wise for the 2013 Audi Quattro concept?