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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.

The Chevrolet Stretch? Collegian's idea takes top prize in design contest

Ever heard of the Chevrolet Stretch? It's a two-seat urban mobility vehicle that runs on electric power and is meant to navigate the congested streets of places like Mexico City in 2046. It looks sporty, can be expanded to seat four—hence the name—and was designed to be fun to drive.

Ferrari offers winter-driving school in Aspen

Planning a winter getaway to Aspen? Ferrari has something that promises to direct-inject your sabbatical. The first Ferrari driving school to tackle snow and ice in the United States launches in Colorado in January and will roll into the early spring.