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Molly Brookshire

Panasonic hesitant to commit to Tesla battery factory - 0 views

  • Joining Tesla's "Gigafactory" battery project would raise investment risks, Panasonic President Kazuhiro Tsuga
  • The plant may require as much as $5 billion to build and employ about 6,500 people by 2020,
  • Tesla relies on Panasonic for the battery materials
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  • If Panasonic isn't involved, that will make the factory much more of a challenge,
Molly Brookshire

Toyota's major midcycle revamp aims to keep Camry on top - 0 views

  • The midcycle revamp is an apparent response to consumers' indifferent reaction to the bland 2012 redesign and Toyota's subsequent need to crank up incentives. Camry sales were flat in 2013, just keeping pace with the overall segment, and the car's 2014 sales through February fell 17 percent, compared with an 11 percent drop for the segment.
  • Since the redesigned Camry was launched in October 2011, the car's incentives have risen above the average for the mid-sized sedan segment -- this from an automaker that has prided itself on having some of the lowest incentives in the industry. But the Camry incentives didn't help lackluster sales.
  • Through February, the Nissan Altima was the top seller, although one large multibrand dealer said that was the result of big sales to daily rental fleets, which will subside as the year progresses.
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  • Another worrying trend for Toyota could be slipping owner loyalty.
  • Camry owners who bought another Camry stayed level, at 30 percent,
Molly Brookshire

Toyota's North America chief seeks fuel cell sedan supply boost - 0 views

  • Toyota Motor Corp.’s North American chief, preparing to sell Camry-sized hydrogen sedans next year
  • wants more U.S. supply of the Japan-built cars.
  • Toyota, the world’s largest seller of hybrid-electric autos, is to sell the as-yet unnamed four-door model in California in 2015, as well as in Japan and Europe
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  • Battery models carry electricity in their lithium-ion battery packs while fuel cell vehicles make electricity on board in a chemical reaction between hydrogen and oxygen, with only water vapor as a byproduct. While hydrogen vehicles have a range comparable to gasoline vehicles and need only a few minutes to refuel -- compared with hours for most battery autos -- there are few hydrogen pumps currently open to the public.
  • California has said it will provide as much as $200 million over the next decade to help open stations across the most populous U.S. state.
  • Fuel cell autos will need three to five years to build a market presence in California, and at least a decade to get to U.S. sales of half a million or more annually, Lentz said. Still, advances in the technology and an industrywide push, with Daimler AG, General Motors Co. and Nissan also planning to sell fuel cell models, may help the vehicles get a market foothold faster than hybrids, according to Lentz.
Molly Brookshire

'15 Genesis is worthy of premium label - 0 views

  • the Genesis will help Hyundai continue its so-called intercept strategy.
  • If you think about Lexus in 1989, most of their customers came out of nonluxury products," O'Brien explains. "They were customers that were on their way to a German manufacturer, but they were intercepted with a better value and a better product. We're basically in that mode now."
  • Hyundai considers the Genesis' main competitors to be the Lexus GS, Cadillac CTS and Mercedes E class.
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  • Mid-sized luxury sedans from Mercedes, BMW and Audi still have the edge, but the 2015 Genesis takes a big whack at their advantage.
Molly Brookshire

Tesla's push to replace side-view mirrors sparks safety fears - 0 views

  • Tesla Motors and the Alliance of Automobile Manufacturers
  • filed a petition with the National Highway Traffic Safety Administration seeking permission to replace side mirrors with cameras.
  • Cameras are smaller than side mirror assemblies, so they could help aerodynamics and fuel economy. They also can be placed just about anywhere on the vehicle, whereas mirrors have to be installed in the driver's line of sight.
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  • Tesla has been pushing to use cameras in lieu of side mirrors since at least 2012
Molly Brookshire

Safety mandates forecast to drive autonomous car sales - 0 views

  • After the first autonomous cars appear in North America in 2025, IHS forecasts they could account for 5 percent of the vehicles on North American roads by as early as 2035.
  • U.S. and Canadian sales of fully autonomous vehicles will be around 100,000 units shortly after their 2025 debut there,
  • But North American volume will quickly climb to 3.5 million by 2035, or about 18 percent of annual sales that year
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  • The driving force behind the trend will be new government mandates for vehicle-to-vehicle communication technologies that improve safety and enable self-driving features.
Molly Brookshire

Lexus NX to offer a 235 hp turbo or 194 hp hybrid in U.S. - 0 views

  • Lexus unveiled the production version of the Lexus NX compact crossover
  • offering a U.S. sales forecast of 2,200 units a month.
  • The turbo drivetrain likely will account for up to 85 percent of U.S. sales
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  • the NX is slightly smaller than the Acura RDX, and slides between the BMW X1 and X3.
  • The NX is derived from the Lexus CT platform with some RAV4 underpinnings and goes on sale this fall.
  • The NX will be manufactured at Toyota Motor Corp.'s Lexus assembly plant in Japan's southwestern island of Kyushu.
  • He added, however, that Lexus' U.S. dealer council has informed him that such an estimate is too conservative.
  • When Lexus launched the original RX 300 in 1998, it had the same sales estimate. RX demand quickly jumped above six figures a year, and it became Lexus' best selling product.
Molly Brookshire

Audi to revive A3 hatch in U.S., sans gasoline - 0 views

  • the German luxury brand has decided to bring back the five-door version of its A3 compact to the United States without offering customers an ordinary gasoline engine.
  • Audi already announced plans to sell a plug-in hybrid version of the hatchback called the A3 e-tron.
  • Exact pricing has not been announced, but the diesel A3 will compete with entry-level luxury cars such as the Lexus CT, a similarly sized hybrid-only hatchback that starts at $32,960 with shipping. Lexus sold 15,071 of them in 2013 in the United States.
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  • 2012 in the United States
  • At that time, about 55 percent of buyers were choosing the TDI engine -- far more than the company had projected.
Molly Brookshire

As Sonata turns cautious, Camry flees good-but-frumpy image - 0 views

  • With an ambitious, sporty restyling just three years into the current cycle, Toyota sought to change the Camry's image as a bland appliance. Hyundai, meanwhile, positioned its 2015 Sonata to cast a wider net by offering shoppers a more upscale driving experience and a design less flamboyant than that of the swoopy, value-priced version that burst into the segment five years ago.
  • The twin unveilings spotlighted two competitors -- one a perennial but aging champion, the other a small but feisty challenger -- that still have something to prove in a mature market.
  • As an attention-hungry challenger, "We had to do something fairly dramatic five years ago," Dave Zuchowski, Hyundai Motor America CEO, said in an interview, referring to the outgoing Sonata's polarizing shape.
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  • But with nearly 900,000 more Sonata owners on the road since the outgoing model's debut, and a chance to build a broader, more sustainable following, "We have to be more careful," Zuchowski said.
  • But Hyundai says the car's suspension and steering have been redesigned for better ride and handling. The interior also is new, with greater use of soft-touch materials and more countermeasures against road noise. Also, high-tech features and advanced safety equipment -- plus a starting price that Zuchowski says won't stray far from the outgoing model's sticker of just over $22,000, with shipping -- will help the Sonata retain the value image that has been a key purchase reason for the sedan, Hyundai says.
  • With 6.6 million Camrys on the road, Toyota understands well the delicate balance Hyundai is seeking. The Camry's large, loyal following has allowed it -- compelled it -- to stick with safe, modest designs and driving characteristics, generation after generation.
  • But when the current generation was launched in late 2011, mostly to yawns from auto critics, the sportier SE model became the best- selling trim package. Toyota took the hint.
  • Every piece of sheet metal except the roof has been changed, as have more than 2,000 part numbers. For some automakers, that constitutes a redesign.
  • Both products will land in a mid-sized market that has been roiled by intense competition, not only within the segment but also from fast-growing crossovers. At 2.6 million units in 2013, sales in the segment grew just 1 percent from the previous year,
  • No one feels this more than Toyota, which is fighting to continue the Camry's 12-year streak as America's best-selling car against a strong challenge from the Nissan Altima. Toyota has spent more on Camry incentives, yet had a lower mean transaction price, than its top four competitors -- the Altima, Honda Accord, Ford Fusion and the Sonata -- every month since November 2012, according to TrueCar.
  • Carter hopes the investment in the new-look Camry will allow Toyota to dial back on incentive spending. "One way to lower incentives is to increase demand, and that's what this car is about," Carter said. But if competitors should raise their incentives, Toyota won't sit still. Said Carter: "This is a competitive market. And we're going to compete."
Molly Brookshire

U-M launches new center to transform mobility - 0 views

  • U-M has established the Michigan Mobility Transformation Center as a partnership with government and industry to dramatically improve the safety, sustainability and accessibility
  • A key focus of the MTC will be a "model deployment" that will allow researchers to test emerging concepts in connected and automated vehicles and vehicle systems in both off-road and on-road settings.
  • "This project has made the Ann Arbor community a unique, real-time, on-road test bed for exploring the potential of connected vehicles and vehicle systems," Sweatman said. "A number of industry participants are making use of this resource to explore the potential for their businesses as well."
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  • "With a greater concentration of automotive research, development, talent, supply chain and manufacturing infrastructure than anywhere else in the world, Michigan is the place that should be America's mobility center of excellence."
Molly Brookshire

VW preps reworked diesel engine for '15 - 0 views

  • diesel
  • went into about 22 percent of the cars that VW sold in the United States in 2013.
  • It will also be more efficient, VW says, though the company has not released estimates for city and highway
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  • VW has started launching TDI “value editions” of select models to better position diesel as a money-saving option on par with hybrids
  • The value Jetta starts at $22,115, including shipping, with a TDI engine and a manual transmission -- a $2,300 price cut that has bolstered its position as the least expensive diesel car on the U.S. market. That puts it squarely between the base Toyota Prius C ($19,890, including shipping) and the base Toyota Prius ($25,010, including shipping).
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    VW to leverage its diesel engine to grow sales in States and compete with hybrids like Prius in price and fuel economy. VW dominates diesel sales in the US, which accounted for 22% of their sales in 2013.
Molly Brookshire

VW Group targets 10 million sales this year on model expansion - 0 views

  • Volkswagen Group may sell more than 10 million vehicles in 2014, four years earlier than planned, as Europe's largest automaker accelerates model introductions in a strategy to overtake Toyota Motor Corp. as the global sales leader.
  • Volkswagen, which has budgeted 84.2 billion euros ($117 billion) in investments through 2018 to pursue a goal of taking the No. 1 spot from Toyota, said it will introduce more than 100 models this year and next, including vehicles for the mass-market VW nameplate and the Audi and Porsche premium marques
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

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

Subaru's latest record: a 26% jump in 2013 - 0 views

  • best December in Subaru's history
  • Subaru said more than 60 percent of its customers last year were new to the brand.
  • The redesigned Forester crossover was a major factor in Subaru's performance, with a 62 percent increase in 2013 to 123,592 units.
Molly Brookshire

VW to Spend $7 Billion to Revive U.S. Growth With New SUV - Bloomberg - 0 views

  • Demand for its namesake brand fell 6.9 percent to 407,700 autos last year on declining demand for the U.S. version of the Passat
Molly Brookshire

VW poised for SUV go-ahead as U.S. slide threatens goals | Reuters - 0 views

  • needs more models designed for U.S. consumers and manufactured competitively in the region, analysts say
  • VW's U.S. deliveries fell 7 percent in 2013 as a push into competitive midsize cars lost traction, with the brand languishing in the bottom third of quality rankings - a mirror image of its European standing that puzzles German bosses.
  • The Passat, Golf and imported Tiguan and Touareg SUVs lost ground to fresher models from U.S. and Japanese rivals, which increased sales in a market that grew 7.6 percent overall.
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  • To price cars competitively, it tried offsetting the cost of its sophisticated mechanics by stripping out features and using entry-level trims in the Passat and Jetta.
  • ranks 23rd out of 33 brands, with 120 problems reported for every 100 new cars within the first 90 days.
  • "The Passat is up against a redesigned Nissan Altima, a redesigned Honda Accord and a redesigned (Ford) Fusion - all undercutting VW on pricing," said Alec Gutierrez, an analyst with Kelley Blue Book, which tracks U.S. car values.
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