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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.

Tesla hires ex-Apple VP for new vehicle development

Tesla announced Thursday that it has filled the position of vice president of vehicle programs, hiring former vice president of Mac hardware engineering at Apple, Doug Field, who started his career at Ford.
"Doug has demonstrated the leadership and technical talent to develop and deliver outstanding products, including what are widely considered the best computers in the world," says Elon Musk, co-founder and CEO of Tesla. "Doug's experience in both consumer electronics and traditional automotive makes him an important addition to our team," he relates. Field most recently was responsible for the latest MacBook Air, MacBook Pro and iMac.
Field says that he had no intention of leaving Apple until Tesla came along. "Tesla is at last an opportunity for me and many others to pursue the dream of building the best cars in the world," he says, "while being part of one of the most innovative companies in Silicon Valley."

Aftermarket carbon fiber rear spoiler for Tesla Model S is priced accordingly

Need a little something extra for your Tesla Model S? Robert Strohmeyer and EV Autosalon have you covered. The item is a thin rear spoiler, and it only costs $1,200. Strohmeyer sent AutoblogGreen an email about his new aftermarket parts company focusing on full EVs and plug-in hybrids. "Naturally," he wrote, "I started with the Tesla Model S" and the spoiler is the first product he's offering. EV Autosalon claims the very first of its EVA fiberglass spoilers was shipped last week and that more will go out next week. A few things to note. The spoiler – available in both fiberglass and carbon fiber - comes unpainted "so that [it] can be painted and installed by your local body shop of choice to match your Model S perfectly." The spoiler is meant to be attached to your Model S with 3M industrial strength body molding tape and will come with templates so that you can line up the spoiler with the edges of the trunk - you don't want this one to get put on crooked. The $1,200 price tag is for the matte or glossy carbon fiber spoilers. The fiberglass version will set you back $600, well below the cost of the official carbon fiber rear spoiler for the Tesla Roadster ($1,700). If you want an official rear spoiler for the Model S, you need to order it when you order the car (there is currently no option to buy one in the accessories section of company website), and Tesla will only put it on the $85,900 85-kWh Performance model. Tesla says the official spoiler will, "improve high speed stability" and will "reduce lift at the car's rear by 77% at highway speeds, with minimal range impact." Strohmeyer isn't making any performance claims about his aftermarket spoiler, but some members of the Tesla Motors Club like the look of it. Do you?