Tuesday, December 18, 2012

Toyota Likely to Get Title of World's Biggest Carmaker in 2012




The Japanese Carmaker Toyota will be likely to become again the worlds largest automaker in 2012. GM and Volkswagen are fighting for second place.

With a total shipments of 80 Million for the year,  the car industry is closely watching the last 2 weeks of the years which according with projections would let Toyota takes again from GM the title of largest automaker by sales. Toyota recovered from 2011 Japan's tsunami. The second place is a very close rase between American GM and European Volkswagen.
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The good results of these 3 companies are the result of strong sales in the American market, which is heading for a 3rd consecutive year of growth, followed the industry crisis of 2009.

The 2013 race will see a very strong Volkswagen which is expected to ship as much as 600 thousand units. The year will also see the Chinese market rebound, which is a very strong market also for Volkswagen.


Toyota Motors to pay 17 Million Fine

In other news, Toyota has been sentenced by the U.S Department of Transportation to pay a record  17.35 Million for failing to report a safety defect to the government.

The fine is the largest one ever imposed to carmaker by any control agency. The fine relates to an issue that causes unwanted acceleration on the 2010 Lexus RX 350 Models.


Toyota reported the agency that a total of 63 incidents have occurred with the mentioned model. Current laws required that any automaker report to agency incidents within 5 business days. Toyota was fine a total of 48 million in 2010 for 3 individual investigations related to how it handles reports of issues with its line of vehicles in the market.


Related Media : 2010 Lexus RX 350 & 450h


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Wednesday, December 12, 2012

The New 2014 Hyundai Equus is Unveiled



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A new version of Hyundai Equus has been previewed in Seoul. The upgraded version will start arriving to the  American market, early in 2013.

The new version includes a new style of wheels and less chrome used on the front of the vehicle. There was commentary in the media that the new Equus, will featured 10 speed automatic transmission.This kind of feature will allow better performance and fuel savings.

The 2013 Equus has 5 lt v8 engine and a 420 horse power, complemented by an 8 speed automatic transmission. It selling price is $60.000.




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Tuesday, December 11, 2012

Chevrolet First U.S Car Maker to Offer Siri Digital Assistant



Spark and Sonic models by Chevrolet, will be the first to featuring Appe's Siri virtual assitant.  The new feature will be available in cars starting early 2013 and will allow drivers to check local and sports news as well as to make hands free phones and play song from Itunes.            

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Siri is a voice activated personal assistant currently available only on  iphones and ipads


Chevrolet will become the first US car maker to integrate Apple's Siri virtual assistant technology into its cars with the launch of its 2013 Chevrolet Spark and Chevrolet Sonic models. Siri's special car edition was first announced last June at Apples world developers conference. The software is called Siri Eyes Free and it is designed to allow drivers perform cellphone capabilities while keeping their attention on the road.

Chevrolet plans to add Siri to its lines of sedan before implementing it to is luxury line. A respond to early adoption by luxury market leader Mercedes Benz.


The car industry is facing challenges from having to provide great car entertainment while  complying with federal safety regulation. Distracted driving  has become a major cause of accidents, so finding a middle point like the one provided by voice activated Siri, makes business senses for most auto makers.

Industry surveys have found that 48% of young drivers actively surf the Internet while behind the wheel.



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Saturday, December 8, 2012

American Electric Carmaker Tesla Investigated for Use of Foreign Parts



American Carmaker Tesla is a federal investigation for possibility violating the terms on his 2010 Government loan which required that all parts were purchased by American providers. ICE agency has focus its investigation on weather Tesla has been using its foreign trade zone status to buy parts made oversees for the construction of its vehicles.

Tesla has benefited from loans from the State Department aim to energized the electric cars industry. The company was founded in 2003 and sell luxury sedans in the price range of $50.000 to $97.000. The company has been praised recently by president Obama as an example on where the car industry in America should go with clean energy.
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Foreign trade zones were created in the 1930's to allow American companies to easily import necessary supplies from foreign countries without the required custom procedures.

ICE agency has been investigating the matter for over 1 year now according to the Washington Post.
     
In early November Tesla reported a bigger than expected lost for Q3. According to the company the positive news is that it has now producing 200 cars per day, compared to 3 months earlier when the total production was only 5 cars per week. The company books also show it has started repaying the $465 million federal loan.

Related Media:
Tesla 2013 model review:

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Friday, December 7, 2012

New Chinese Automaker Qoros to Debut its First Car at Geneva Auto Show



A new Chinese automaker is set to debut next March 2013 at Geneva Motor Show. Qoros will be realizing its firs car ever, A compact sedan designed for the Asia and European markets. Sketches of the sedan published by Qoros show a very power car with clear inspiration from German automa
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Qoros will be using a new technology that uses illuminated LED strips on the top of headlight cluster. This new technology is that is believe to improve drivers visibility.

The company also created a touch screen multimedia system that allows easy communication between driver and the car.   




At the Auto Show, Qoros plans to show also 2 more concept cars that will set the standard for new models to come. Qoros is the result of an Israel- Chinese effort created in 2007.  The company also said it expects to introduce new models every 6 six months after the show..

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Published: Dec 7.2012. New York CityTags: New Chinese Automarke Qoros to Debut its First Car at Geneva Auto Show 

Thursday, December 6, 2012

Non American Carmakers to Ship More Cars Made in USA



2013 will mark Hondas' one millionth automobile made in USA for export. It would also be the year were the Japanese carmaker will become a net U.S exporter of cars, that is, the number of units exported and made in USA will be higher than the cars Honda imports from Japan to the American market.

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For foreign and domestic automakers, United States has become a very attractive market to build cars for other markets. Advantages like free trade pacts, currency rates (which make labor cheaper), and high quality  plan capacities. The number of total cars exported and made in  USA can grow to 15 million by 2015 according to industry reports. The most active buyers are Canada, Latin America, China and the Middle East.

Currently BMW is the biggest exported of cars made in USA with 210.00 units which accounts for about 70% of its yearly production.

Honda has exported near $22 billion since it started production in the U.S over 30 years ago. In the last 2 years Honda has made investment to its production plans in the U.S for over 2 billion. This investments are expected to boots its production to 1.9 million units by 2014.






Wednesday, December 5, 2012

Outlook on China is Very Cautions: Nissan COO


Nissan CEO  Toshiyuki Shiga Said Wednesday that Nissan continues to see their market presence in China in a cautious way. Nissan has be affected with the surge of anti Japan sentiment in Chinese consumers as direct consequence of territorial disputes between China and Japan.

 


Nissan Sales in October were down 41% compare to a year earlier and 35% in September. 

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Shiga Address the press in a press conference for the redesign of Sylphy sedan for the Japanese market.


Related Media


Nissan is by no means the only Japanese car maker affected by the territorial dispute. Toyota's sales were down on October by 61% while Honda tumbled 54%. Each decline a historic record for all 3 companies.

China is currently the biggest car market in the world and Japanese companies had a combine 23% of the market before September. According to new reports that share market stands now at 14%.

Japanese auto makers stand to lose in 2014  an estimated of 650.000 units of cars sold to China if political tension continue to be high.


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Tuesday, December 4, 2012

Car Maker Toyota to Launch a New RAV4 Hybrid Crossover (Maybe)

Ever since the new 2013 Toyota RAV 4 was presented in the past  Los Angeles International Auto Show, more and more  rumors can be heard  about the introduction of a new hybrid variant to the RAV 4 lineup.



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According to RAV 4 chief designer Yoshikazy Saeki  a new hybrid line has been considered within the company for a good a while.


The 2013 Toyota RAV4 may have just debuted at the L.A. Auto Show, but rumors are already swirling over new variants. The 2013 RAV4 is currently powered by a 2.5-liter I-4, and rumor has it a hybrid variant could join the lineup in the future.

The current RAV4 generation is available with a 268HP V6 but for clients looking for more oomph have been advice an upgrade to a Highlander or an FJ Cruiser. Ideally, in the eyes of Toyota executives a hybrid Rav4 could have a very warm welcome by the market specially with gas prices in the U.S near $4 per gallon. The current 2013 Rav4 has received an EPA of 24/31 mpg city/highway while a hybrid version should get 40mpg, making it a very attractive option for consumers.

Related Media : 2013 Toyota RAV4 - 2012 LA Auto Show




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