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VW Finds CO2 'Irregularites', SEMA Recap, and More | Autoblog Minute

Volkswagen's diesel emissions scandal gets a new wrinkle, US regulators hit Takata Corporation with a substantial fine, and we head to Vegas for a look at tuner paradise at the 2015 SEMA show. Autoblog Senior Editor Greg Migliore reports on this edition of Autoblog Minute Weekly Recap. Acura Chevrolet Honda Mazda Mitsubishi Toyota Autoblog Minute Videos Original Video Acura Legend

Honda to power new Formula Lites open-wheel racing series

Open-wheel racing is almost always incredibly exciting to watch, whether it's the constant passing of the Indy 500 on an oval or the technological tour-de-force from Formula 1. However, both of those disciplines are essentially impossible for a normal person to enter. Of course, there are already cheaper, more amateur-friendly open-wheel competitions, like Formula Vee. A new SCCA Pro Racing series called Formula Lites aims to be a step in the ladder between those, offering a development opportunity to young drivers who want to be professionals.
The series already has some impressive backers. One of the biggest needs is now filled, as Honda has signed on as the engine supplier. All of the cars in Formula Lites will use the company's K24 2.4-liter four-cylinder engine. The automaker didn't specify power output for the competition engine, but in production models the K24 has made in the neighborhood of 190-200 horsepower in many applications. That should make the racers plenty potent.
All of the cars are using the new carbon fiber FL15 chassis from Crawford Composites, and Pirelli is the series' tire supplier. The organizers' goal for the cars is to keep racing costs down, while offering a reliable platform. Formula Lites plans to start racing with a few events later in 2014, and the full calendar begins in 2015. Scroll down to read the full announcement about Honda's involvement.

Hurricane Sandy cost automakers 15,000 vehicles, may have ruined up to 200k

Hurricane Sandy was the largest Atlantic storm in US history, and its total economic impact is just now coming into view. According to Automotive News, Toyota, Chrysler, Nissan and Honda are set to scrap around 15,000 new vehicles ruined by the storm. Nissan alone accounts for about 40 percent of those, with 6,000 Nissan and Infiniti models deeded "un-saleable" due to damage. The company saw 56 dealerships shuttered due to the storm, but 51 of those have since reopened.
Toyota, meanwhile, had some 4,000 vehicles at its Newark port facility, and of those, 3,000 may be scrapped. An additional 825 were dealer inventory when they were ruined. Honda and Acura dealers are reportedly sending 3,440 vehicles to the salvage yard. By comparison, Chrysler weathered the storm fairly well with 825 units destroyed, while Hyundai suffered only 400 lost units and Kia scrapped around 200.
As you may recall, Fisker also suffered some losses, and Automotive News reports the manufacturer saw 320 Karma models damaged beyond repair. Ford and General Motors have yet to come up with estimates, and no automaker has commented on the full cost of replacing the vehicles.