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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.

Monterey Historics renamed; Dan Gurney to be honored at first event

Iconic racer Dan Gurney will be the first featured guest at the Rolex Monterey Motorsports Reunion in August, an event formerly known as the Monterey Historic Automobile Races. Gurney will be honored with displays of Eagle race cars spanning his career, including Formula One, Indy cars, Trans-Am, Can-Am and IMSA GTP prototypes. He'll also have a public interview and autograph session.

New Porsche World Premier at LA Motor Show. But what is it?

Porsche World Premiere Los Angeles - a new version of the 918? With the Los Angeles Motor Show looming later this month, car makers are starting to tease. And Porsche are teasing with their offerings for LA with the promise of a world premier of a new Porsche.