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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.

Chevrolet Colorado Rally concept

Chevrolet has announced the second concept that previews the brand's next generation of pickups ahead of its official unveiling at the 5th Buenos Aires Auto Show. Following on from the Colorado concept shown in Bangkok, the Colorado Rally truck takes the basic premise of the first Colorado concept and adds a dose of aggression, with the vehicle gaining increased ride height, chunkier tires and a more prominent under body. Integrated winches, front and rear, convey the truck's off road abilities.

GM won't show new cars in LA

GM has delayed the unveiling of two new cars the company had intended to show the press and public at the forthcoming Los Angeles auto show. The largest US automaker will now show the production versions of the Buick LaCrosse and Cadillac CTS coupe at the Detroit auto show in January instead. "We believe we can better capitalize in Detroit" said spokesman Scott Fosgard.