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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 next presidential limousine might look like this

A few days ago, the United States Secret Service posted the bid requirements for a new presidential limousine, which is set to debut during the 2017 inauguration of our nation's 45th chief executive. It's hard to believe that the General Motors-built Cadillac dubbed "The Beast" is already due for replacement, but the fleet of presidential limousines is cycled every four or eight years, with bids accepted from any American automaker. We'll spoil the show for you: the odds of a company other than General Motors winning the bid is pretty slim.

Porsche 911 GT3 R hybrid back to racing in 2012

Porsche will return to the track in 2012 with the third generation of its rolling laboratory, the 911 GT3 R hybrid. The company continues to push its technology, noting its future in the sport. “There is no way around the hybrid technology in motorsport,” said Wolfgang Hatz, board member for research and development.