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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.

Bugatti Veyron L’Edition Centenaire – first photo

Bugatti L'Edition Centenaire at Villa D'Este [ad#ad-1] We told you a couple of days ago about the latest in a long list of Bugatti Veyron special editions – The Bugatti Veyron L’Edition Centenaire. Well, all we could really show you then was a scan of the brochure for the car. After all, Bugatti wanted to keep the car secret prior to its showing at this weekend’s Concorso d’Eleganza Villa d’Este in Cernobbio, situated rather prettily by Lake Como, and hadn’t issued any pictures.

Schumacher in coma after ski crash

RACING DRIVER Michael Schumacher is in a coma after a skiing accident in France. The seven-times Formula One champion crashed while skiing off-piste in the resort of Meribel yesterday and was airlifted to hospital. University Hospital of Grenoble spokesman Jean-Marc Grenier said the 44-year-old German had suffered a serious head injury and remains in a critical condition.