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GM, Audi, Jaguar halt Russian sales amidst ruble's collapse
Fri, Dec 19 2014The value of Russia's ruble currency has sunk like a stone tossed in the Volga for much of the year, losing over 40 percent of its worth since June. The change is having bizarre effects on the auto industry there and leaving some automakers scrambling to adjust. According to Bloomberg, Russians are buying up luxury goods including automobiles at the moment to have a physical investment in case the ruble sinks further. However, with the money worth so little, the companies aren't making much from these transactions. Things are so dire that several automakers are temporarily ending deliveries until the situation stabilizes. According to Bloomberg, General Motors stopped sales on December 16 with no set date to start again. Audi did the same thing but with the intention to resume once it has adjusted model pricing. Jaguar Land Rover terminated business until December 19 to see how things changed. Toyota is increasing its pricing, as well, but keeping business open at the same time. Some automakers have subtly been reacting to the slumping Russian auto market all year. The moves have included Volkswagen cutting production by 30,000 units from its factory in Kaluga. Ford also got rid of 950 workers from two plants due to low demand. Some analysts have even speculated that the contracting industry and possibility of lower import duties into the country could cause companies to end their manufacturing in Russia completely.
Weekly Recap: Toyota propels hydrogen fuel cells
Sat, Jan 10 2015Toyota is serious about hydrogen fuel cells, and it wants the auto industry to follow suit. The Japanese automaker said this week it's releasing 5,680 fuel cell patents from around the world, including technologies used on its upcoming sedan, the 2016 Mirai. The move is unusual, but not unprecedented, as Tesla similarly released its electric vehicle patents last year. The idea for Tesla, and now for Toyota, is to spur development of alternative propulsion. "By eliminating traditional corporate boundaries, we can speed the development of new technologies and move into the future of mobility more quickly, effectively and economically," said Bob Carter, Toyota Motor Sales senior vice president of automotive operations, in a statement. Toyota's fuel cell patents will be free to use through 2020, though patents related to producing and selling hydrogen will remain open forever. Toyota said it would like companies that use its patents to share their own hydrogen patents, but won't require it. "What Toyota's doing is really a logical move, and really a good move for the industry," Devin Lindsay, principal powertrain analyst with IHS Automotive, told Autoblog. The announcement was made at the Consumer Electronics Show in Las Vegas. It comes as Toyota prepares to launch the hydrogen-powered Mirai in a limited number late this year in California. The launch will be extended to the Northeastern United States next year. Toyota also has announced plans to support networks of fueling stations in each region to try to smooth consumer adoption. The Mirai has a 300-mile range on a tank of hydrogen, and it takes about five minutes to refill. Fuel cells have been receiving increased attention recently, and Audi and Volkswagen debuted hydrogen-powered cars at the 2014 Los Angeles Auto Show. Honda, another proponent of the technology, also showed its updated FCV concept in November in Japan. The company, however, has delayed its fuel cell sedan a year until 2016. Like Toyota, Honda says its hydrogen-powered car will have a range of 300 miles or more. Meanwhile, Hyundai currently offers leases for fuel-cell powered Tucsons, which have a 265-mile range, in Southern California. Despite the optimism some automakers have for fuel cells, the technology still faces barriers. A lack of filling stations has long held it back, and many consumers are not familiar with the potential benefits.
Consumer Reports calls on Toyota to recall older Camry Hybrid models
Thu, 31 Jul 2014Consumer Reports is calling on Toyota to issue an official recall of 178,000 Camry Hybrid sedans from model years 2007 to 2011, claiming that a pair of issues affecting the brakes are so dire they demand a more official action than what the company has undertaken so far.
The first issue, as CR tells it, relates to a clog in the brake-fluid reservoir filter, which if left untreated could lead to a number of dashboard warning lights. The "front brake assist could be temporarily lost," too, according to Toyota's own notice to dealers and owners of affected models. The company has issued a "service campaign" that will fit a new brake-fluid reservoir free of charge to any affected model brought to a dealer by June 30, 2017.
The other issue plaguing the fuel-sipping Camrys is being treated via a warranty extension, and focuses on the ABS brake actuator, a particularly expensive (both in terms of parts, at $1,000, and labor, around $3,000) item that is necessary for the anti-lock braking to function. There's also a related issue with the brake pedal's "stroke sensor," which like the actuator can lead to a very difficult-to-depress brake pedal. The warranty extension increases the coverage of the actuator to 10 years or 150,000 miles (whichever comes first).