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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.

L.A. auto show: Honda to uncork ‘P-NUT’ design study

Honda will tear the cover off a futuristic, ultra-compact urban coupe on Dec. 2 at the Los Angeles auto show. It’s called the Personal-Neo Urban Transport, or P-NUT, and Honda is billing this as an aggressive design study.

2009 Mini Convertible Springs In

It’s been a bit of a ‘Mini-Fest’ this week, what with the Mini E in Berlin and the news that the Mini is the least depreciating car in the UK. And now we have the first official images of the new Mini Convertible, due to hit showrooms in Spring 2009. Based of course on the latest Mini, the convertible keeps the familiar face, but has a raised shoulder line to accommodate the soft-top.