AD #2840 – Incentives Still Drive EV Growth; Toyota Reveals New Sienna & Venza; More Suppliers Will Go Bankrupt

May 19th, 2020 at 11:54am

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Listen to “AD #2840 – Incentives Still Drive EV Growth; Toyota Reveals New Sienna and Venza; More Suppliers Will Go Bankrupt” on Spreaker.

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Runtime: 10:42

0:07 Incentives Still Drive EV Growth
1:20 Mid-Size Truck Sales Forecast to Pick Up
1:59 Skoda Offers Foldable Scooter
2:31 Toyota Reveals All-New Sienna Minivan
4:05 Toyota Brings the Venza Back
5:25 Subaru Posts Profit for the Fiscal Year
6:17 Subaru Has An Aerospace Division?
7:46 Why More Suppliers Will Go Bankrupt
9:52 Alfa Romeo Web Series Celebrates Its History

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23 Comments to “AD #2840 – Incentives Still Drive EV Growth; Toyota Reveals New Sienna & Venza; More Suppliers Will Go Bankrupt”

  1. GM Veteran Says:

    Another Subaru aerospace application is that its air-cooled horizontally opposed engines are a favorite choice of replacement engine in many small private aircraft. Subaru has a very small department that supports these folks with information and assistance on parts and compatibility issues.

  2. GM Veteran Says:

    Mr Eichenberg may be correct about the financial gap the hard parts suppliers will be facing, but non-hard parts suppliers have it much rougher. Several people I know that work for companies that provide services to GM and FCA tell me that they have really stretched out the 60 day payment cycle, to as much as five or six months. In addition, they report that FCA has told them that they will likely only see 90% payment on invoices that are submitted and approved. They did this back in 07/08 as they were heading toward bankruptcy too. Makes it pretty hard to be a supplier for these companies when they effectively use you as a bank.

  3. Kit Gerhart Says:

    1. Also, aftermarket companies set up Subaru engines for aircraft use, normally with reduction gearing or belts, to run propellers at normal speeds, with the engine near its higher power peak rpm than bigger displacement Lycoming and Continental engines.

  4. DanaPointJohn Says:

    Toyota’s conservative approach to electrification means the Sienna hybrid comes in second, for fuel economy and all-electric driving range, behind the Chrysler Pacifica PHEV. Vacuum and refrigerator? Minor items of importance for consumers.

  5. Kit Gerhart Says:

    4. The combined MPG rating for the Pacifica hybrid, running on gas, is 30 mpg, while the Sienna is 33. The Pacifica should, presumably, be quicker with its bigger gas engine, and it has 32 miles of plug-in range, if driven very leisurely. It will be interesting to see actual comparison tests.

  6. Norm T Says:

    So are the Japanese companies cook’n the books by ending their fiscal year a month early and right before a pandemic?

  7. GM Veteran Says:

    I agree DPJ, the companies like to make a big deal out of the built in vacuum, but I would not pay for it. I have a great vacuum in my garage and don’t really need to vacuum any of my cars away from home. I doubt the built in models have great suction or a long enough hose to reach the whole vehicle. And, I would rather have a cooler with ice than a built in refrigerator. Just occupies more space that I can use for other purposes.

  8. GM Veteran Says:

    #6, No they have been on that fiscal year for a long time. We worked with Subaru in the late 90′s and they were on it then.

  9. Charles F Says:

    Subaru used to be (or maybe still is) part of Fuji Heavy Industries, and Fuji was formed after World War 2 from the remains of the Nakajima aircraft manufacturing company in Japan. Many WW2 vets (my late father included) were on the receiving end of those airplanes in the Pacific in WW2!

  10. Wim van Acker Says:

    @6 The fiscal year of the Japanese Government and corporations ends on March 31, and it has been like that for a long time.

    In the U.S. the fiscal year of Apple Inc. (NASDAQ: AAPL) ends in September. Microsoft Corporation (NASDAQ: MSFT): FY ending in June; Adobe Systems Incorporated (NASDAQ: ADBE): FY ends in November.

    Something which is new to you does not have to be suspicious activity.

  11. DanaPointJohn Says:

    #7. Kit, in my review on Clean Fleet Report of the 2019 Pacifica PHEV, in real world driving I far exceeded the EPA rating. Without the Pacifica’s 33 mile all-electric range, the Sienna Hybrid will never come close to surpassing the Pacifica in either fuel economy or range.

  12. Brett Cammack Says:

    One “non-bailout” bailout would be for the Feds to buy the struggling lower tier’s accounts receivables one time with zero discount.

  13. Ziggy Says:

    Wow Toyota, do you think you could skimp on that rear bumper for the new Sienna anymore? Absolutely no protection for the bottom of the rear hatch, hope you have lots in the supply bin because that design is just waiting to be hit in most parking lot slow speed wackings. A body shop’s dream!!!

  14. Kit Gerhart Says:

    11. CR got a very good 27 mpg overall for the Pacifica hybrid on gas only, compared to 21 for the current Sienna, and the non-hybrid Pacifica. We’ll have to wait and see, but I would expect the Sienna to beat the Pacifica, at least a little, in gas-only mpg. As far as range, that will depend on the size of the gas tank in the Toyota. Of course, the Pacifica gets some extra range from the plug-in power.

  15. MJB Says:

    I’d like to have that push-button window tinting tech for all my car windows, not just the roof glass.

    “No, officer. You must be mistaken. There is no limo tint on my windows.” ;)

  16. Kit Gerhart Says:

    11. You must have a really light right foot to beat the rated electric only range that much.

  17. WineGeek Says:

    Why does Toyota persist in offering this “phony” all wheel drive system that in any hard use will run the hybrid battery down and then you only have front wheel drive. So if you live in a snowy area and you might need 4-wheel drive somewhat frequently you better not buy a Toyota they have moved most of their all wheel systems to this electric all wheel drive system that is really only designed for limited time use.

  18. Kit Gerhart Says:

    17. Almost no one needs all wheel drive at all, but to the extent that it is useful for normal driving, to get going in, and avoid getting stuck in snow, that Toyota system should work fine.

    The hybrid battery won’t “run down.” The engine, via MG1, the motor-generator connected to the power splitter, will keep electricity going to the rear motor when needed. Well, if you are driving at 100 mph, the battery might run low, but power will still go to the rear wheels if they are losing traction. MG1, via the electronics, will provide power to the rear motor.

  19. Bob Aubertin Says:

    Ladies & Gentlemen, How deep is your knowledge when it comes to the Automobile industry? Who is the NUMBER 1 people mover in North America? Answer FCA period.Let’s talk CD what is it,what impact does it have on fuel efficiency?Thank you

  20. Larry D. Says:

    SORRY, but the so-called ‘experts’ who did this study and predicted LESS, instead of MUCH MORE< miles driven, do not have CLUE ONE.

    Families will SWITCH from mass transit and planes, ccruises etc to DRIVING THEIR CARS CROSS COUNTRY and see our fabulous national parks, so MILES WILL GO UP and SO WILL the demand for CARS.

    These thoughtless people sound like the "peak oil" charlatans all over again. AND Nobody will take them to task after 5 years when it will be PROVEN that their so called predictions were FAIRY TALES.

  21. Larry D. Says:

    This morning I heard that emissions are down only 17% during the shutdown. Most people say they drive much less than that. But WAIT, this must mean that CARS are NOT the only culprits. And since heating is insignificant in April and May, it MUST be those damned LAWN MOWERS that the Givernment still Exempts from clean air obligations!!!!!

  22. Kit Gerhart Says:

    21. Urban air quality has been much better, mostly because of fewer cars, but partly because of idle factories, etc. Of course, things will be back to normal, or worse, after traffic returns to normal, or higher levels.

  23. JoeS Says:

    Larry D. I agree that vacations will be spent in a car not a plane for a while and also agree that our national parks will be a prime destination. But I wonder how many people will be able to continue to work from home and not commute every day?