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Autoblog Minute: VW Q3 financial woes, 2015 Tokyo Motor Show

Consumer Reports pulls its Tesla recommendation, the U.S. Copyright Office offers a ruling affecting car owners, VW gets hit hard with third-quarter losses, and lots of exciting news from Tokyo. Autoblog senior editor Greg Migliore reports on this edition of Autoblog Minute Weekly Recap. Show full video transcript text [00:00:00] Consumer Reports pulls its Tesla recommendation, the U.S. copyright office offers a ruling that affects car owners and gear heads, VW gets hit hard with third-quarter losses, and lots of exciting news from Tokyo. I'm senior editor Greg Migliore and this is your Autoblog Minute Weekly Recap. After a week away testing vehicles for Autoblog's Tech of the Year award, we're back in the office to recap the week in automotive news. [00:00:30] One of the things you might have missed was Consumer Reports pulling its recommendation of Tesla's Model S sedan. The blemish for Tesla comes after a tally of reviews from customer surveys. The most common problem areas for the Model S as cited by survey takers included: the drivetrain, power equipment, charging equipment, body and sunroof squeaks, rattles, and leaks. So lots of stuff. Though they could not ignore a score of "worse-than-average", Consumer Reports still [00:01:00] highlighted the fact that the Model S was "the best performing car" they've ever tested. Telsa CEO Elon Musk took to social media to defend his sedans saying: "Consumer Reports reliability survey includes a lot of early production cars. Already addressed in new cars." And, "Tesla gets top rating of any company in service. Most important, CR says 97% of owners expect their next car to be a Tesla (the acid test)." In Financial news, Volkswagen took a hit and reported an operating loss of [00:01:30] $3.84 billion. This is the first such loss for VW in 15 years. Toyota reclaimed the crown as the world's largest automaker as well. It's important that it's not all doom and gloom for VW though in Q3. Sales revenues were up and the company's automotive division boasts $30 billion dollars in liquid assets. It's a sizable war chest that will no doubt come in handy, as the company has yet to feel the full brunt of the diesel emissions scandal. Good news for gear heads. The US copyright office [00:02:00] ruled in favor of mechanics and car owners by granting an exception to existing copyright law. The law was originally meant to prevent software pirating and bootlegging of Hollywood movies.

Koenigsegg sees new Tesla Roadster as the 'gauntlet' thrown down

Christian von Koenigsegg, the man behind the company that holds the current record for world's fastest car, does not like to be outdone. So he did not particularly enjoy hearing the numbers regarding the forthcoming next-generation Tesla Roadster and its vaunted 1.9-second 0-60 mph time. "We kind of had our future mapped out, and then we heard about the new Tesla Roadster and its insane acceleration numbers, and we thought 'Damn, that's put the gauntlet down,'" the Koenigsegg founder and CEO told Top Gear. As he told the site, he enlisted his engineers to start running numbers, and within a couple of days, they'd figured out a solution. "The simplest way of putting it is like this: It's combining direct drive with the hybridization we have in a different format with free-valve engine technology, in a peculiar layout," von Koenigsegg said. He said the powertrain could take a car from 0-250 mph in 14 seconds "or something like this," and said he wants to make a combustion engine with a higher power density than an electric powertrain "for as long as possible." His talk about hybrids brings to mind the Koenigsegg Regera plug-in hybrid, which weighs just 3,505 pounds and puts out more than 1,500 horsepower. It does 0-62 mph in 2.8 seconds — impressive, but a full 0.9 seconds less than the Roadster's purported time. And not surprising for a company that is all about maximizing ponies, Koenigsegg likes to geek out over the details of things like the design of the 1,160-hp Agera RS engine. Could he be talking about the same vehicle as the successor to the Agera RS, rumored to be called Ragnarok? Tesla, meanwhile, unveiled said Roadster at Grand Basel in Switzerland — or rather, it showed off what appeared to be a white, empty design shell that had been shown last year at Tesla's shareholder meeting. And don't forget that the mad scientists over at Hennessey are tinkering with the 7.6-liter V8 for the Venom F5, the key to its quest to hit 300 mph. So buckle your seat belts, boys and girls: Things are about to get very fast. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Image Credit: Drew Phillips Green Tesla Koenigsegg Hybrid Performance Supercars PHEV koenigsegg agera koenigsegg regera hennessey venom f5

Jaguar I-Pace sets Laguna Seca record, virtually matches Tesla Model S P100D

Jaguar has announced that the I-Pace crossover has set the Laguna Seca lap record for production electric vehicles. With racing driver Randy Pobst behind the wheel, the I-Pace HSE completed a lap in 1 minute and 48.18 seconds. Jaguar was adamant to stress that the record-setting vehicle was bone stock with "no modifications whatsoever." As Jalopnik reports, a bit of a dispute arose about the lap time, as a Tesla Model S P100D is said to have completed a lap in 1 minute, 47.62 seconds. However, the Tesla in question had received brake upgrades, unlike the factory specification Jaguar. The I-Pace's two electric motors are good for a combined 400 horsepower and 513 pound-feet, propelling the SUV to 62 mph in just 4.8 seconds. Jaguar has also released video footage from the Laguna Seca run, above. Look for the slide at the 30-second mark! Pobst must have been enjoying himself, as you can hear him guffawing after the famous Corkscrew section. While this record was all about the prowess of a production EV, there will be a racing series featuring the I-Pace, as the I-Pace eTrophy begins in the fifth season of ABB FIA Formula E. View 3 Photos Related Video: