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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.

BAC Mono finally hits the U.S. (video)

Sector 111 – US importers of the epic BAC Mono – have finally revealed the first US Mono at Cars and Coffee in Irvine, California. It’s more than a year since we reported that Sector 111 would be offering the BAC Mono in the US and now, having completely sold their 2012 allocation of just 12 Monos, the first US built (well, bolted together from a CKD kit by Sector 111) has been revealed to petrolheads at the Cars and Coffee meet in Irvine, California. And the Cars & Coffee meeting is a great place for Sector 111 to show off their first Mono as its attended by a bunch of knowledgeable and wealthy Californians, just the sort of potential buyer Sector 111 are looking for.

Aston Martin V12 Zagato – 49 bite the dust

The Aston Martin V12 Zagato was going to have up to a 150 production run, but Aston Martin now say they will build just 101 cars. The Aston Martin V12 Zagato is a great creation with OTT styling courtesy of Zagato. But, when all’s said and done, it’s just a V12 Vantage in pretty clothes with a few tweaks, yet it costs three times as much – a slightly eye-watering £330k.