Toyota May See Production Diminished by 500,000 Cars because of the Earthquake

The shortage of parts and electricity problems in Japan in the aftermath of the Tohoku earthquake may delay the production of at least 500,000 Toyota vehicles, according to market research company Advanced Research Japan.

The world's largest carmaker may subsequently see its operating profit drop by at least 100 billion yen ($1.2 billion) in the 2010 fiscal year (ending March 31 2011) and up to 200 billion yen in the 2011 fiscal year. Auto analyst Koji Endo says any impact on production destined for export will affect earnings even more. “Hardly any cars will be built in April and a very low level of production will continue from May,” Endo was quoted as saying by Bloomberg.

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Wald International Tricks Out BMW’s Latest 5-Series F10 Sedan

Noted Japanese tuning house Wald International is preparing its first customization take on the latest BMW 5-Series sedan. Details are still scant as this is a project in the works, but the Wald-modified 5-Series Sports Line Black Bison Edition gets a collection of aero body pieces made from fiberglass-reinforced plastic.

The exterior kit includes a new front bumper design with additional air vents and LED daytime lights, along with bespoke side skirts, a beefy rear apron housing a diffuser and the firm’s familiar exhaust tail pipe design, and a fixed boot lid spoiler. A new set of multispoke alloy wheels complete the look.

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New Video Footage from Japan’s Terrifying Tsunami

A new video clip showing the tremendous power of the tsunami that hit Japan after the 9.0 earthquake on March 11 has surfaced on Youtube. The video starts out with a mass of cars pushed over the road as the water creep ups towards the street and starts gaining momentum, eventually destroying everything in its path, including several buildings. Perhaps even scarier is the fact that the person behind the camera continued to roll despite the imminent danger all around him… Check out the clip in the video after the break.Read more »

Mazda, Honda Suspend U.S. Orders for Japan-Made Models

Mazda has suspended all US orders for cars built in Japan as the carmaker is preparing to shut down its plants once again after a short reopening period. According to the automaker’s American spokesman Jay Amestoy, the decision will affect shipments of cars that were due to arrive in the U.S. in May. The Mazda official added that it was uncertain when normal activity will resume.

Mazda USA imports almost all its range from the Japan, except the U.S.-built Mazda6 and Tribute. The models produced in Japan are the Mazda2, Mazda3, Mazda5, MX-5 / Miata, RX-8, CX7 and CX9. Mazda halted production at its Hiroshima and Hofu plants from March 14 through March 21, but three days ago, it resumed temporary production using parts it had in its inventory.

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Source Code: Toyota Fights to Limit ECU Code Viewing in Legal Battle

Could Toyota's source code hold the answer to its sudden acceleration problems? Possibly, and it's currently working with attorneys to smooth out how this code will be analyzed in its ongoing unintended acceleration legal woes.

For those of you too fried to remember, Toyota had a bit of a flub a couple years ago regarding unintended acceleration in some of its vehicles; the problems were originally blamed on floor mats, poorly designed pedals, and driver error.

Currently, plaintiffs and their attorneys are still fighting for a proper explanation and compensation even though "the [U.S.] government's comprehensive review of Toyota's source code found no electronic causes of [unintended acceleration] in Toyota vehicles."

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Subaru Also Extends Production Halt at all Car Plants in Japan

The situation in Japan for the country’s automobile industry appears to be much worse than originally believed with many carmakers struggling to resume domestic output following the magnitude-9 earthquake and tsunami on March 11 that killed thousands of people and damaged factories as well as infrastructure.

Following yesterday’s announcement from Toyota, Subaru said today that it will extend closures at all five of its automobile assembly plants in Japan until Monday, March 28. The automaker’s parent company Fuji Heavy Industries Ltd. (FHI) had previously announced its production suspension until March 24.

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Analysts Predict Expensive Fuel and Factory Shortages Could See Prius Price Rise

There’s an old saying that goes, “One man’s misfortune is another man’s opportunity,” that I think is particularly apt in describing this latest story. With the civil war in Libya nudging petrol prices skyward and with the growing fear that Japan’s earthquake crisis will slow production of Toyota’s ubiquitous Prius hybrid, American consumers are flocking to their nearest dealership to snatch one up.

Tammy Darvish, the owner of four Toyota dealerships around Washington D.C. explains: “A lot of customers are convinced that prices will be going up and that availability [of the Prius] will be a little short.”

A Texas Toyota dealer is reporting that his sales have doubled in the last six weeks due to steadily increasing fuel prices. And with no U.S. factory producing the popular hybrid five-door, it’s not like there’s a backup supply if things become more pear shaped in the land of the rising sun.

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Toyota Postpones Prius V Launch in Japan after Earthquake, Tsunami and Nuclear Crisis

The latest victim of the ongoing crisis in Japan is the new minivan version of the Prius as Toyota announced today that it has decided to postpone launch of the car at its home market. “No decision has been made at this time on when the launch will be rescheduled,” Toyota said in a statement.

Despite the delay in Japan, Toyota said that the North American version of the Prius V, which is scheduled to launch at the end of summer 2011, remains on track. “No decision has been made in regards to a possible need to change the launch timing,” Toyota said.

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Volkswagen, Audi and Porsche Donate €2.5 Million for Japan Earthquake Relief

Volkswagen and Audi today announced that they will donate €1 million ($1.42 million) each for humanitarian aid to the Japanese people affected by the earthquake and tsunami that devastated the Asian nation on March 11. Porsche also said it will offer €500,000 ($707,000) to assist people affected by the natural disaster. Aside from these contributions, the VW Group has announced the launch of a donation campaign among its employees.

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Toyota Further Extends Shutdowns at Japanese Plants

Toyota said on Tuesday that is has decided to continue the vehicle-production halt that began on March 14 at all of its plants in Japan including subsidiary vehicle manufacturers through March 26, as the company faces shortages of parts from local suppliers that were affected by the disastrous earthquake, tsunami and the nuclear crisis that followed after. This is the second time in less than a week that Toyota extends a halt of its manufacturing plants in Japan.

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Honda Postpones Launch of Fit Shuttle Due to the Japan Quake

The devastating earthquake and its aftermath in Japan have forced Honda to postpone the market launch of its new Fit Shuttle. The introduction of the car in Japan was scheduled to take place this month. Honda said it has not yet decided on a new release date and that the company will follow up with an announcement with more details soon.

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Donations for Japan Continue, Fiat Offers €100,000, Mercedes-Benz gives €2 Million

The donations for Japan keep coming in, with Mercedes-Benz’s parent company Daimler announcing today that it will provide €2 million (about US$2.8 million at today’s exchange rates) as immediate aid for the victims of the earthquake and tsunami in the Asian country. Daimler said it has approximately 13,000 employees in Japan through its subsidiaries Mitsubishi Fuso Truck and Bus Corporation, Mercedes-Benz Japan, as well as Daimler Financial Services.

The Fiat Group, which includes Alfa Romeo, Lancia, the Fiat brand, Abarth, Maserati and Ferrari, also announced a donation for relief efforts in Japan, albeit a much smaller amount at €100,000 (about $US140,000).

While we’re not saying that this is a competition as all donations are welcome, we can’t but think that Fiat’s contribution, which equates to roughly half the price of a new Ferrari model or around 0.8% of the total compensation Ferrari boss Luca Cordero di Montezemolo and Fiat Group CEO Sergio Marchionne received in 2010, is somewhat embarrassing for the size of the Italian company.

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GM Suspends Production of Chevy Colorado and GMC Canyon in Louisiana Due to Lack of Parts from Japan

In yet another stark reminder of how intertwined today’s automotive business is, General Motors announced on Thursday that is suspending production at its Shreveport Assembly in Louisiana for the week of March 21 because of a parts shortage resulting from the crisis in Japan that started with last week’s tremendous earthquake and tsunami.

“We will resume production at Shreveport as soon as possible, and at this point, we have sufficient vehicles to meet customer demand,” General Motors said in a written statement.

The Shreveport Assembly in Louisiana produces the Chevrolet Colorado and GMC Canyon compact pickup trucks.

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BMW, Hyundai and Renault Donate for Japan Earthquake Relief

After Japan’s local automakers, foreign car companies are also rallying to support people affected by the earthquake and the tsunami that hit the Asian nation on Friday. BMW has offered an emergency aid worth €1 million ($1.4 million) destined for the treatment of traumatized children, emergency aid and reconstruction work. The money will be split evenly between the international non-profit organization “Save the Children” and the Japanese Red Cross. Read more »

Toyota Extends Production Halt at All Japanese Plants until March 22

The ongoing disaster in Japan caused by Friday’s massive earthquake and tsunami is forcing many automakers to extend production halts on domestic plants well into next week. Today, Toyota announced that it has decided to continue the vehicle-production halt started on March 14 at all of its plants in Japan, including all subsidiary vehicle manufacturers, through March 22. According to reports, the suspension of production has already cost Toyota some 40,000 vehicles up until now.

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Honda, Nissan and Toyota Donate $3.75 Million Each for Earthquake Relief in Japan

The massive earthquake followed by the even more devastating tsunami that struck the north-east coasts of Japan last week has brought together the country’s biggest automakers including Honda, Nissan and Toyota, which announced today that they will donate $3.75 million each for relief and recovery efforts in communities affected by the disaster.

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VIDEO: Japanese Tsunami Sweeps Cars as if They Were Toys

Images coming from Japan today are horrific and it's only in moments like these that we're reminded what an overwhelming force nature really is. If cars are to blame for global warming, then what you will see in the videos after the break could be interpreted as nature's revenge on automobiles.

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Toyota and Honda Plants Shut Down After 8.9 Earthquake and Mega Tsunami Hit Japan

A massive 8.9 magnitude earthquake hit the northeast part of Japan earlier this morning triggering a 10-meter high tsunami on the coasts of the country sweeping away homes, cars and buildings. The disastrous earthquake, which was followed by many aftershocks, is said to be the world's fifth-largest since 1900 and the biggest in Japan in 140 years.

The full extent of damages caused by the earthquake and the ferocious tsunami remain unknown for now, but we’re already hearing news of people being evacuated and many homes and factories destroyed.

On the automotive front, Toyota and Honda were forced to shut down some of their production plants and evacuate their workers from several factories in the quake zone. According to reports, Toyota, which has a large manufacturing presence in northern Japan, was affected the most with the shutdown possibly affecting production of cars like the Yaris sedan and the Scion xB and xD models.

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Nissan Qashqai Surpasses 1 Million Sales Milestone

Nissan's well-received Qashqai model has just passed the 1,000,000 sales mark after four years in production. The compact crossover model, which is also known as the Dualis in Japan and Australia and other markets, was designed and engineered in Britain. Introduced in 2007, Nissan expanded the crossover's range with the presentation of the seven-seater, long-wheelbase version called the Qashqai+2 in 2008, while the entire series received an update in March 2010 with a refreshed design and powertrain refinements.

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Toyota Patents Designs of Sport Version of New Yaris in Europe

Toyota introduced a new generation of the Yaris supermini in Japan (named Vitz for the local market) in December, 2010, and is also planning to showcase a thinly disguised concept of an upcoming hybrid version of the supermini at the Geneva Motor Show, which will be held for the public from March 3 to 13. But as these trademark fillings from Europe prove, the company is also working on a sport variant, most likely as a replacement to the Yaris TS.

The model seen in these patent designs features a full body kit with a new front bumper that replaces the standard Yaris' front grille with openings next to the headlamps while also boasting daytime LED strips, side skirts and profile graphics, a redesigned rear bumper housing a prominent diffuser, and bespoke tail lamps. The new roof spoiler and the multispoke alloy wheels sum up the differences over the regular Yaris.

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