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Honda says it's 'not lost' in F1, but McLaren is losing patience
Sun, Jun 11 2017MONTREAL (Reuters) - Honda has responded to criticism from Formula One partners McLaren by saying it was going in the right direction despite the team having failed to score a point so far this season. "It is unfortunate I can't convince them we are going in the right direction. But I am confident we are not lost," Honda's Formula One chief Yusuke Hasegawa told motorsport.com at the Canadian Grand Prix. "We still need some more time but we are doing the right thing. We are doing many things to speed up our development but I don't disclose what." Former champions McLaren, the second most successful team in the sport in terms of race wins, are last in the championship and the only outfit yet to score after six races. The British-based team's executive director Zak Brown told Reuters on Wednesday that the Japanese manufacturer seemed "a bit lost" and indicated the partnership was reaching break point. The American's comments were widely reported and provided a major talking-point in the Montreal paddock. "I was not surprised," said Hasegawa of Brown's comments. "It's no wonder he has complained and he is frustrated. I'm frustrated, I'm disappointed, the team is disappointed. This is a very difficult, tough situation." (Reporting by Alan Baldwin in London, editing by Ed Osmond) Image Credit: Mark Thompson/Getty Motorsports Honda McLaren Racing Vehicles F1
Beleaguered Takata unlikely to seek automaker assistance
Sun, Feb 22 2015Takata is continuing to deal with the massive airbag recall for millions of vehicles, but even if it doubles production, it could take years the company to build enough replacement parts to properly repair all of the affected models. If the supplier takes a hard enough financial hit whether through fines, lawsuits or just the cost of making the components, then the business might not be able to keep up production. Such a situation could put automakers in the very difficult predicament of deciding whether to provide Takata with financial assistance. Honda for one has little interest in lending further support to the beleaguered supplier, according to The Wall Street Journal. The Japanese automaker recently dropped its annual sales targets to put a larger emphasis on vehicle quality, partially in response to the inflator recall. It also struck a deal with another company for replacement parts and was rumored to abandon Takata for some future business. Honda CEO Takanobu Ito did leave the door barely cracked for possible aid. "Takata itself needs to figure out how to fulfill its duties, but if it makes any request to automakers, then we would think about that," he said, according to The Wall Street Journal. There isn't much likelihood of Takata needing a bailout, though. According to The Wall Street Journal, analysts aren't concerned about the company's short-term fortunes, and the supplier had about $728 million in cash as of last September. News Source: The Wall Street Journal - sub. req.Image Credit: Toru Yamanaka / AFP / Getty Images Earnings/Financials Recalls Honda Safety Takata airbag recall
Gladiators, Pilots, and Palisades, plus a couple boring crossovers | Autoblog Podcast #562
Mon, Nov 19 2018On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Consumer Editor Jeremy Korzeniewski. The duo discuss the leaked Jeep Gladiator, Ford's Baby Bronco, the Aston Martin DBX, and then touch on other reborn names like the Honda Pilot. They also discuss how boring crossovers have taken over as the family car of choice in the United States and debate the merits of turbocharged V6 engines versus the classic American V8. Finally, we spend your money.Autoblog Podcast #562 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Jeep Gladiator leaked Hyundai Palisade and Honda Pilot teased Aston Martin DBX Ford Baby Bronco leaked Boring crossovers Ford F-150 2.7-liter EcoBoost Spend My Money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video: Podcasts LA Auto Show Aston Martin Ford GMC Honda Hyundai Jeep Truck Crossover SUV honda pilot jeep gladiator aston martin dbx hyundai palisade ford baby bronco