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VW Q3 Financial Woes, 2015 Tokyo Motor Show | Autoblog Minute

Consumer Reports pulls its Tesla recommendation, the U.S. Copyright Office offers a ruling affecting car owners, VW gets hit hard with third quarter losses, and lots of exciting news from Tokyo. Autoblog's Senior editor Greg Migliore reports on this Autoblog Minute Weekly Recap. Tokyo Motor Show Mazda Subaru Suzuki Tesla Toyota Concept Cars Autoblog Minute Videos Original Video Tokyo 2015

New investor allows Suzuki to fend off VW

After years of legal wrangling, the long-soured partnership between Volkswagen and Suzuki looks finally to be coming out of arbitration, according to Bloomberg. As a sign of the Japanese brand's improved fortunes, hedge fund Third Point LLC recently bought an undisclosed stake in the company. The investor reported seeing a major opportunity in the successful Maruti Suzuki business in India. As an investment, the only major problem that Third Point found with Suzuki was its legal battle with VW. "The company's greatest asset is its low-cost manufacturing process for vehicles for the emerging market consumer," the fund said in a letter, according to Bloomberg. Third Point reportedly also wants a seat on Suzuki's board, despite being a minority shareholder. The alliance between Suzuki and VW goes back to late 2009. In the deal, the Japanese brand was meant to get access to cutting-edge tech, and the German firm got a helping hand towards better establishing itself in India and Southeast Asia. Things didn't go as planned, though. Less than two years later, Suzuki's boss publicly derided the deal. Eventually, the allegations started going back and forth, and the two have been working out a way to untangle practically ever since. Among the biggest issue has been how to get back the 19.9 percent stake that VW purchased. According to Bloomberg, the arbitration is now technically over. With the divorce nearly final, the two sides are just waiting on a decision on how to split things up. Suzuki may even just buy VW's stake to get the shares back.

Kei van campers are miracles of space utilization

In the tight streets of Japan, tiny cars make a lot of sense, particularly the government-restricted kei class of cars. They're especially small with similarly small engines, and besides being easier to maneuver and park, they're also cheaper to own and run. But surely camping in one would be a somewhat cramped, unpleasant experience, right? Think again. YouTuber Tokyo Lens, someone who creates a variety of interesting videos about places, people and things in Japan, went on a camping trip with what seems to be a pop-top Suzuki Every kei van. He details his experience and highlights all the neat features crammed into the little space. It really is remarkable how much there is. We were particularly taken by the nice looking cabinetry, the fact that a person can pretty much fully stretch out in the pop top and that there's actually a microwave and a tiny sink with a water-tank-supplied faucet. Check out the whole video for a look at how much you can do with a small space, as well as some nice shots of the Japanese countryside. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: YouTube / Tokyo Lens Suzuki Minivan/Van