If you thought the risk of buying a flood car after Hurricane Katrina was serious, imagine having your health threatened just from being near the car. That’s exactly what’s been happening in Japan, where unsuspecting consumers are being sold dangerously radioactive cars that belonged to people living in Fukushima and the surrounding area after the… Continue Reading...
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A fearless driver captured footage of the March 11 tsunami from inside his car. Yu Muroga was driving to work the morning of the March 11 disaster, when he filmed the destruction on the city streets. Some drivers made a run for it while other drivers stayed inside. There was likely a higher probability of… Continue Reading...
Japan’s wealthy elite brought out their wallets this past weekend for a more than worthy cause; rebuilding the country they call home. At an event hosted by Ferrari Chairman Luca di Montezemolo and attended by Italian ambassador Vincenzo Petrone and Japanese Minister of Industry Banri Kaieda, a total of $724,000 was raised to help the… Continue Reading...
Yu Muroga was driving along peacefully in Japan when the earthquake and tsunami hit. We’re not quite sure why he had a HD camera running on the dashboard, but we’re certainly amazed by the footage it captured. Even though the earthquake and subsequent tsunami that hit Japan needs no real introduction, very few videos have… Continue Reading...
North American Honda production will return to normal in August, earlier than expected, the company announced in a statement today. The Japanese automaker has accelerated their recovery following the March 11th earthquake and tsunami in Japan. Every Honda model will resume regualar production in August, except the 2012 Civic. The company expects full production… Continue Reading...
The Earthquake disaster in Japan may prompt European car makers to seek suppliers closer to them, the chief of Europe’s automobile association said. Ivan Hodac, secretary general of the European Automobile Manufacturers Association, said that some car makers are still being affected by the disaster that caused several Japanese auto manufacturers to suspend operations. Hodac also… Continue Reading...
If there’s anything Toyota execs can be happy about for the most recent quarter, it’s that for them it’s Q4, marking an end to what has been a troubling 12 months for the Japanese auto giant. Just released data shows Toyota Q4 profit fell off a cliff, dropping 77 percent to “just” $314 million. The… Continue Reading...
To help Japan recover from the recent earthquake and tsunami many foreign companies have donated to relief charities. Aston Martin is the latest to contribute. It’s Chief Executive Officer, Dr. Ulrich Bez is giving up his personal Rapide super-sedan at the Bonhams Auction at Newport Pagnell, with all proceeds going to Japan. He said; “Nobody… Continue Reading...
Toyota Canada has cut its sales projections by a third and warned dealers that the supply of new vehicles is starting to be choked off as the company feels the effects of the March 11th earthquake that rocked northern Japan. While Toyota sent two memos to dealers regarding the revised sales forecast, the company refused… Continue Reading...
Honda will delay the launch of their next generation CR-V crossover due to continued production delays, and supplies of their 2012 Civic will also be delayed as Honda’s North American production continues to run at well below capacity amid the after effects of Japan’s natural disasters. In a letter to Honda’s dealers, U.S. executive vice-president… Continue Reading...
Hyundai boosted its quarterly profit by 46 percent, and managed to outsell Honda, whose production was hampered by the earthquake and tsunami that hit Japan in March. Hyundai managed to sell 919,000 units in the quarter, compared to 860,000 for Honda. Honda’s earnings, output and total sales were down markedly, in line with other Japanese… Continue Reading...
Nearly 5 months in to the calendar year, Lexus has admitted that it will not be able to sustain its lead in the luxury car sales race, due to tight supplies of vehicles and parts from Japan. With dealers down to a 30 day supply of cars (compared to a usual 60 or 90 day… Continue Reading...
General Motors is set to become the world’s largest automaker yet again, reclaiming the title from Toyota, whose operations have been hit hard by a production slowdown brought on by Japan’s natural disasters. With only a 30,000 vehicle gap in sales between the two companies at the end of 2010, GM should easily reclaim the… Continue Reading...
Dealers may be in for an arduous summer as Japan’s auto parts shortage is on track to choke off new vehicle deliveries for months, with dealers potentially receiving no new vehicles until September. The best case scenario will be a resumption of production on May 9th, after Japan’s traditional holiday break. But manufacturers are still unable to… Continue Reading...
Labeled as perhaps the worst natural disaster to ever hit a nation, the earthquake and tsunami that devastated the nation of Japan last month, is still causing an effect on its people and industry. Many car companies have suffered and Toyota, the largest car company in Japan is no exception. Their production delays will have… Continue Reading...
Toyota is the latest automaker to adjust their North American production schedules, with plants idling on April 15, 18, 21, 22, and 25. Toyota’s engine and component factories will follow a similar schedule, while their Georgetown, Kentucky facility will remain open on April 21. Employees at the plants will have the option of report to work… Continue Reading...
Honda plants in North America could be operating at well below capacity as a shortage of parts from Japan threatens to cripple the automaker’s output for as long as 90 days. Speaking with Automotive News, Honda’s executive Vice-President John Mendel estimated a 60 to 90 day slowdown, with 30 days being an optimistic forecast. Honda… Continue Reading...
The world of racing is often only focused on getting to the podium, but at the this weekend’s Grand Am series race at Barber Motorsports Park in Birmingham, Ala., three Mazda race teams will be doing their part to help raise funds for American Red Cross for Japan relief. The teams in question are Dempsey… Continue Reading...
While Ford and General Motors have both seen plants shut down due to the natural disasters in Japan, and the resulting impact on the country’s auto parts industry, Chrysler‘s vehicle production has remained unaffected by these events. “We have not experienced any disruptions to regularly scheduled production as a result of the issues in Japan,”… Continue Reading...
As part of an effort to raise money for the Red Cross’ Japanese disaster relief fund , artists affiliated with the EMI record label are auctioning off various knick-knacks, with everything from stereo equipment to handbags to vacations up for grabs. If you’re reading this, then you’re probably most interested in the 1987 Ferrari 412… Continue Reading...
After a brief announcement on March 23rd stating that the natural disasters in Japan may affect North American production, Toyota has announced that it is still “too early to predict” whether plants in Canada and the United States, which build both Toyota and Lexus cars, will face shutdowns due to a shortage of parts from… Continue Reading...
The Toyota Prius, beloved of eco-conscious of buyers in California, is in short supply in the Sunshine State, as high gas prices and production disruptions due to Japan’s natural disasters have caused dealers to either run low on supply or be completely out of stock. Dealers, who report as little as a 14-day supply of the… Continue Reading...
A shortage of parts means that Subaru‘s Indiana plant will have its production cut in half through the end of the week, and the company will assess the situation on a day to day basis to examine whether a continuation is necessary. Each of the two shifts will have 4 hours cut from their length…. Continue Reading...
A Japanese factory that makes batteries for the Chevrolet Volt is back online today after being temporarily shut down since the March 11th earthquake. Hitachi Automotive operates the three plants, one of which produces batteries for the Volt. GM has apparently ordered 100,000 battery packs for the Volt. The other two produce various vehicle components,… Continue Reading...