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Toyota, Mazda drop Takata as Mitsubishi, Subaru weigh options

Sat, Nov 7 2015

It's not a very good time to be Takata right now. Fresh on the heels of longtime partner Honda ditching them, Toyota and Mazda have both come out and said they will not use the company's airbag inflators if they continue to rely on ammonium nitrate. Bloomberg reports that Subaru and Mitsubishi are also contemplating a divorce. "The inflator using ammonium nitrate produced by Takata will not be adopted by Toyota," President Akio Toyoda said during a briefing today. "What's most important above anything else is the safety and peace of mind of customers." Mazda echoed that position, simply saying it "will not use Takata airbag inflators which contain ammonium nitrate in our new cars." When you lose three huge OEM accounts in as many days, it's certainly going to have a deleterious effect on your fortunes. In Takata's case, that's meant a staggering 39-percent drop in their share price over the last three days. Yesterday alone, the company saw a 6.2-percent fall, Bloomberg reports. As the business publication reports, though, Takata isn't going down without a fight. The company is "considering some plans to survive," including a fundraising plan that will see it potentially offer up additional shares for sale. Still, at least one analyst doesn't see whatever company survives staying involved in the airbag inflator business. "I really don't see how they're going to be able to survive as an inflator manufacturer," Valient Market Research founder Scott Upham told Bloomberg. "When your major clients publicly come out and say that they're not going to use your products anymore, it makes this very difficult to sustain your business." News Source: Automotive News - sub. req.Image Credit: Carlos Osorio / AP Honda Mazda Mitsubishi Subaru Toyota Safety supplier

2014 Subaru Forester scores 5 stars in NHTSA crash test [w/video]

Fri, 23 Aug 2013

Having aced the crash test from Insurance Institute for Highway Safety and earning the highest rating of Top Safety Pick+, the 2014 Subaru Forester headed over to the National Highway Traffic Safety Administration for a date with destruction. In the barrage of NHTSA tests, the new Forester met similar results as it did with the IIHS, earning a five-star overall crash rating.
Comparing these number to the previous model, which carried a four-star rating in all areas, the new Forester did much better in the side-impact test to earn a full five stars; frontal and rollover ratings were still at four stars like the old model, but the improved side crashworthiness was enough to gain the NHTSA's highest overall rating. The frontal impact video is posted below, but all the various test videos can be seen on NHTSA's website.

Subaru axes WRX and STI in UK

Fri, 14 Dec 2012

Auto Express reports Subaru will stop selling the Impreza, WRX and WRX STI in the UK starting next year. A spokesperson with the company said Subaru has been evaluating the Impreza and its performance in the UK for the past year and has finally decided to pull the plug. That means all of the model's performance iterations will also drop off of dealer lots, including the WRX and the STI. The unnamed spokesperson said Subaru UK currently has no plans to to bring more stock of either model once the current supply sells out. That means buyers in the UK have until around early summer 2013 to get their hands on an STI.
The move comes in response to slow demand, which has trickled off in the face of competition that best the machine in terms of refinement, performance and emissions. Moving forward, the automaker says it will focus its sales efforts on models like the XV Crosstrek, Forester and Outback, as well as the company's new BRZ sports coupe.