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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.

Recharge Wrap-up: Tesla lane detection video, H2 station locator app

See how well Tesla's Autopilot detects lane markings on a winding road. Tesla Owner and YouTuber KmanAuto puts Autopilot under Firmware version 8.0 to the test in traffic on a curvy road with bright sunlight. The driver is comparing the system's prowess to version 7.0 on the same roads, and doesn't see much of an improvement, despite heavier reliance on radar than cameras. Still, KmanAuto notes, this is not the type of road Autopilot is designed for, but it offers a good comparison between the two versions. While it now works better in some instances, Kman also notes some "regressions." See the video above, and read more at Teslarati. The Renault Zoe EV will take part in the 2016 e-Rallye Monte Carlo. From October 12 through 16, the French automaker will enter four Zoes in the FIA-sanctioned, zero-emissions drive from Fontainebleau, France to Monaco. This marks the third year that the Zoe will compete, and allows the EV to showcase its new battery with improved driving range. Read more from Renault. Industrial gases company Air Liquide has launched an informational website about hydrogen, as well as an H2 infrastructure app. In honor of National Hydrogen and Fuel Cell Day on October 8 (which corresponds to hydrogen's atomic weight of 1.008), the company launched Let's Clear The Air to educate the public about hydrogen as an alternative fuel. Additionally, the "Hydrogen Station Finder" app, launched in collaboration with the California Fuel Cell Partnership, helps FCEV drivers navigate to stations that make up the growing hydrogen fueling infrastructure. Read more from Air Liquide. UPS will add 200 new hybrid electric delivery trucks to its fleet. Like the 125 vehicles UPS previously announced, these new trucks will use the Workhorse E-Gen chassis, and feature a lithium-ion battery pack and two-cylinder BMW range extender that provide 150 miles of range and about 26 mpg. They'll go into service in January 2017 in Arizona, Texas, Nevada, Mississippi, Alabama, Georgia, Florida, and possibly other states. Read more form UPS. Related Gallery Renault ZOE - 2015 ZENN Monte-Carlo Rally News Source: Teslarati, YouTube: KmanAuto, Renault, Air Liquide, UPS, Workhorse Green Tesla Renault Alternative Fuels Technology Autonomous Vehicles Electric Hybrid Hydrogen Cars Videos recharge wrapup

Weekly Recap: Ferrari plans to gradually increase production by 2019

Ferrari has long been known for the exclusivity of its performance machines. It's on a different level than Porsche, BMW, and Mercedes. But as it transitions to a new era of independence from Fiat Chrysler, Ferrari is going to get a little less exclusive. It's by design, and it means a subtle, slow ramp-up of production – a move Ferrari believes will ensure its future by meeting growing demand in new markets. The strategy was detailed in SEC documents filed this month as part of the company's pending stock offering. The files reveal Ferrari will gradually increase shipments to about 9,000 units per year by 2019. This is a reversal of Ferrari's 2013 plans to cap production at 7,000 cars annually, which it hit on the nose that year. Ferrari shipments inched up to 7,255 in 2014, though that's down from 2012's record tally of 7,405. Ferrari is a vastly different operation than it was in 2013. Longtime chairman Luca di Montezemolo stepped down last fall, and FCA chief executive Sergio Marchionne has been overseeing the company since then. Its IPO has attracted high levels of attention from enthusiasts and investors. As expected, demand has reportedly outstripped the availability of the stock, which has an estimated offering price of $48 to $52 a share. Speaking of more Ferraris, the company revealed a limited-edition model this week called the F12tdf (shown above). Based on the F12 Berlinetta, the car is a salute to the Tour de France endurance auto race that Ferrari dominated in the 1950s and '60s. The V12 engine's output increases to 769 horsepower, while weight is cut by 243 pounds – allowing for a sprint to 60 mph in 2.9 seconds. Dramatic carbon-fiber elements and a radical redesign of the body panels give the F12 a more dramatic look. It will be limited to 799 units over the life of the car. If this is how Ferrari is increasing production, we're more than okay with the company's new strategy. OTHER NEWS & NOTES Tesla software unlocks Autopilot features Tesla released the latest version of its software for the Model S this week, which allows the all-electric sedan to drive in a semi-autonomous state called Autopilot. Tesla Version 7.0 enables the Model S to maintain lane position, change lanes by touching the turn signal, and manage the car's speed using an advanced, traffic-sensing cruise control. It also has a parallel parking feature, which searches for open spots and then parks your Tesla.