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Molly Brookshire

Subaru, Toyota discuss ending production of Camry in Indiana - 0 views

  • Toyota owns 16.5 percent of the small Japanese automaker
  • But it poses a big headache for Toyota, which is also strapped for capacity in North America as the market quickly accelerates.
  • SIA has annual capacity for 100,000 Camrys, and it may be tough for Toyota to absorb that at another North American plant.
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  • Subaru will stop building the Camry in Indiana by 2017
  • Subaru said earlier this year that it would boost the plant's annual capacity to build Subaru vehicles to 300,000 by the end of 2016, up from 170,000 currently. On top of that, the company has capacity to build 100,000 Camrys a year
  • Subaru also said earlier this year it would add production of the Impreza to the factory, its only plant in North America
  • The additional capacity Subaru plans to add by 2016 would come from the Toyota line, meaning that Subaru vehicles would be made in mixed production with the Camry on the same line.
  • Subaru needs more capacity, as it aims for annual U.S. sales of 500,000 by 2016. That's up from an estimated 420,000 units expected this year.
Molly Brookshire

Toyota weighs adding truck capacity - 0 views

  • Toyota can produce a combined 250,000 Tundra full-sized and Tacoma compact pickups in San Antonio, running two shifts plus overtime and Saturdays, Fay said. Toyota's knockdown assembly plant in Tijuana, Mexico, can add another 50,000 Tacomas, but many of those trucks go to Mexico and Canada.
  • Assembly line tweaks could add about 7,000 units at each plant, Fay said. But that might not be enough.
  • Even if Tacoma sales were to stay flat next year, the combined pickup sales would exceed what San Antonio and Tijuana could produce for the United States. The quick rebound in pickup sales has caught Toyota by surprise.
Molly Brookshire

New capacity helps Nissan roll to records - 0 views

  • December was the first full month of sales for U.S.-built Rogues from Smyrna, Tenn. Rogue sales rose 28 percent to 14,676 for the month. Retailers are also now receiving a flow of Sentras from a new plant in Aguascalientes, Mexico, that opened in November.
  • The Maxima, a Smyrna-built sedan that is nearing the end of its model life, benefitted from an incentives campaign of short-term bonus cash in December. Maxima sales rose 57 percent to 6,509 for the month.
Molly Brookshire

Honda bets big on small Vezel crossover, eyes turbo for U.S. - 0 views

  • The Vezel -- a small crossover based on Honda’s redesigned Fit subcompact -- goes on sale
  • in the United States in the second half of 2014
  • rivals as the Mazda CX-5, Nissan Juke and Subaru XV Crosstrek
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  • Vezel is the car’s Japan-market name. The U.S. name will be announced later, Honda said today.
  • In the United States, Juke sales have climbed 4 percent this year and Mazda CX-5 demand has surged 95 percent. Sales of the new Subaru XV Crosstrek have totaled 48,216, while Buick Encore sales are 29,195.
  • Honda plans to source all U.S. Vezels from its new plant in Mexico
  • A spokesman said Honda wants to establish the gasoline version in the market before deciding on whether to add a hybrid option to the lineup
  • Honda is also banking on the vehicle to fuel a big surge in U.S. sales. Honda built the new plant in Mexico with capacity of 200,000 units just to make the crossover and the Fit hatchback. More than half of the plant’s capacity will be devoted to the crossover, says Ito.
Molly Brookshire

Jeep will put next Wrangler on a diet - 0 views

  • Chrysler-Fiat CEO Sergio Marchionne worries that Chrysler can't build enough Wranglers to meet demand. Wrangler's U.S. sales rose 10 percent in 2013 to 155,502 units. "The problem we have with Wrangler is that we are at capacity," he said.
  • The Jeep Compass and Patriot are the "weakest links" in Chrysler's North American lineup, but those deficiencies will be partially addressed when Jeep introduces its new subcompact SUV this year.
Molly Brookshire

For now, Toyota chooses shortfall over costly expansion - 0 views

  • a key point of Toyota's midterm strategic plan through 2025 is to determine whether to expand the San Antonio plant. The plant already is one of Toyota's fastest-moving factories worldwide, with a capacity of about 200,000 units, without overtime or Saturdays.
  • to build another line in San Antonio could cost hundreds of millions of dollars. Plus, Toyota is still unsure if there's an additional 100,000 units of demand for its trucks -- the typical minimum volume for adding a new assembly line -- without resorting to costly incentives to push demand.
  • With truck demand returning, expansion is tempting
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  • demand for Toyota trucks is about 30,000 units over present volumes. He added: "None of us has the stomach to add another 100K."
Molly Brookshire

Chrysler mimics human lung to broaden CNG use - 0 views

  • DETROIT -- Chrysler Group says it has developed a tank to store compressed natural gas that mimics human lungs and will allow the cheaper fuel source to more easily be used in automobiles.
  • The design uses smaller compartments inside a larger tank to increase fuel capacity and storage, similar to the alveoli within the human lung. It would free automakers from being forced to use large reinforced cylinders to store compressed natural gas onboard automobiles and would allow fuel to be stored within non-cylindrical shapes.
  • Chrysler currently offers one CNG vehicle: a Ram 2500 heavy-duty pickup capable of traveling up to 255 miles powered by the fuel. The pickup is also equipped with a 35-gallon reserve gasoline tank that extends its total range to 745 miles. It is powered by a 5.7-liter Hemi V-8 engine capable of burning both gasoline and CNG.
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  • CNG is about one-third the cost
Molly Brookshire

Mazda2 output begins in Japan - 0 views

  • Mazda Motor Corp. began manufacturing the next-generation Mazda2 subcompact in Japan today
  • Supplemental volume for the U.S. market may also come from Japan, but Mazda has not detailed sourcing plans yet. Currently all Mazda2s are imported from Japan.
  • It is the first Mazda2 to be equipped with the full suite of Mazda’s fuel-saving Skyactiv technologies, including new engines, transmissions, body, and chassis. It is the fourth Mazda nameplate to receive the Skyactiv makeover, after the CX-5 crossover and Mazda6 and Mazda3 sedans.
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  • The U.S. version is expected to be sourced from Mazda’s new plant in Salamanca, Mexico, which opened earlier this year and makes the Mazda3.
  • The fourth-generation Mazda2, called the Demio in Japan, will go on sale here in the fall, Mazda said in a statement. It will hit American showrooms in 2015.
  • U.S. sales of the outgoing Mazda2 surged 42 percent to 7,957 vehicles in the first six months of the year, from 5,594 the year before, as the carmaker cleared out inventories.
  • But last year, sales of the aging nameplate, which is getting its first full redesign in seven years, slumped 39 percent to 11,757.
  • That ranked it near the bottom of the subcompact segment, way below such rivals as the Chevrolet Sonic, the Ford Fiesta, the Honda Fit, the Kia Soul, the Nissan Versa, the Hyundai Accent and the Toyota Yaris.
  • The next Mazda2 will also provide the basis for a new subcompact sedan from Toyota Motor Corp. That car will be made in Salamanca, where Mazda has allocated about 50,000 vehicles for Toyota from its full annual capacity of 230,000 units. While that car will get Skyactiv underpinnings, including a Skyactiv engine, it will have a Toyota-designed body. Output for Toyota is expected to begin after April 1, 2015, but before March 31, 2016.
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    Mazda2 had slumping sales in 2014, but with redesign, it could bring competition to the Yaris. Also, Mazda2 platform will be used for a new Toyota-designed body. ?.
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