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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.

Pirelli and Michelin score highest in J. D. Power satisfaction study

Pirelli's high- and ultra-high-performance tires scored highest in the sport segment of the 2010 J. D. Power and Associates tire customer-satisfaction study with an index score of 742.

Honda names new vehicle Accord Crosstour

Honda has officially named its new crossover that is set to arrive in the United States this fall: It's the Accord Crosstour. The name has been widely used to describe a new vehicle in the Honda lineup and was confirmed Tuesday morning in a statement from the automaker. The vehicle will be a 2010 model.