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Crunch watch October 09: the auto industry in crisis

Tuesday 20 October 2009• Honda's CEO said he would consider launching electric vehicles for sale in Europe, Japan and the USA in a possible change of strategy for the Japanese car manufacturer (Automotive News, subscription required)• Ford 59-plate car sales up by 22% in September ‘09 compared to the same month last year. Ford claims a 14.8% share of total new car sales for the same period (Ford)• Porsche, VW and Daimler all sent top executives to the Shanghai motor show in April, but chose to snub the Tokyo motor show this week. The news comes as China’s automotive market is set to become the world’s largest (Bloomberg)• Toyota enters the Korean car market, challenging the 72% market share owned by Hyundai Motor Co (Bloomberg)  Monday 19 October 2009 • The organisers of the Geneva motor show claim that 'all of the major manufacturers have already confirmed their participation' for the March 2010 event (Geneva Palexpo)• Jaguar is auctioning off the first XJ off the line to raise £1m for the NSPCC children's charity.

Spyker planning four door coupe saloon – E8/E12?

Spyker E8 - a four-door saloon/coupe - will be Spyker's next model [ad#ad-1] Bit of a Spyker week this week. Their injection of funding recently is certainly starting to have an impact. Spyker are on the up.

The Goods set to irritate car dealers

Auto dealers take a beating--again--in The Goods: Live Hard, Sell Hard, a movie that opens on Aug. 14. Whether they will be outraged or merely annoyed will depend on their sense of humor.