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Japanese automakers will seriously subsidize hydrogen fuel stations

Fresh off the announcement of the EPA-rated fuel economy and range figures for the Toyota Mirai, three of Japan's major automakers are throwing their weight behind hydrogen on the other side of the Pacific. Toyota, Nissan, and Honda are detailing their partnership in Japan to subsidize the creation of an expanded FCV refueling infrastructure there in the coming years. The plan could provide a much-needed boost for goals that are already looking to miss their targets. The partnership, which is called the Joint Hydrogen Infrastructure Support Project, is subsidizing a third of the annual operating expenses up to a maximum of 11 million yen ($90,000) for any hydrogen refueling station that applies and is accepted into the program. For now, the automakers plan to keep this running through around 2020. Toyota senior managing officer Kiyotaka Ise tells Bloomberg the whole thing over that time is expected to cost 5 billion to 6 billion yen ($40.5 million to $49 million). In addition to the money, the companies are trying to raise awareness about the alternative fuel to build popularity. Japan has been pushing extremely hard to build the FCV market there for quite some time by subsidizing both the models and building refueling stations for them. By the 2020 Olympics, the country's goal is to have 6,000 fuel cell vehicles on the roads and possibly even 100,000 of them by 2025. The cars to fulfill these lofty hopes are just gaining steam, though. For example, the Mirai is already experiencing high demand, and Honda is set to bring its new challenger in 2016. This announcement says Nissan is aiming a potential entry for 2017, as well. According to Bloomberg, the fuel cell industry in Japan is forecasted to balloon from 400 million yen (3.3 million) in the current fiscal year to 100 billion ($813 million) by 2025. Toyota, Nissan, and Honda Agree on Details of Joint Support for Hydrogen Infrastructure Development Toyota Motor Corporation, Nissan Motor Co., Ltd., and Honda Motor Co., Ltd. have agreed on key details regarding a new joint support project for the development of hydrogen station infrastructure in Japan. In addition to partially covering the operating costs of hydrogen stations, the three automakers have also agreed to help infrastructure companies deliver the best possible customer service and create a convenient, hassle-free refueling network for owners of fuel cell vehicles (FCVs).

Major automakers post mixed US June sales figures

General Motors, Ford and Fiat Chrysler Automobiles NV posted declines in US new vehicle sales for June on Monday, while major Japanese automakers reported stronger figures. Once again, demand for pickup trucks and crossovers offset a decline in sedan sales. Automakers' shares rose as overall industry sales still came in above Wall Street expectations. The US auto industry is bracing for a downturn after hitting a record 17.55 million new vehicles sold in 2016. Analysts had predicted that overall, US vehicle sales would fall in June for the fourth consecutive month. As the market has shown signs of cooling, automakers have hiked discounts and loosened lending terms. Car shopping website Edmunds said on Monday the average length of a car loan reached an all-time high of 69.3 months in June. "It's financially risky, leaving borrowers exposed to being upside down on their vehicles for a large chunk of their loans," said Jessica Caldwell, Edmunds' executive director of industry analysis. GM said its sales fell about 5 percent versus June 2016, but that the industry would see stronger sales in the second half of 2017 versus the first half. "Under the current economic conditions, we anticipate US retail vehicle sales will remain strong for the foreseeable future." GM shares were up 2.4 percent in morning trading, while Ford rose 3.3 percent and FCA shares jumped 6 percent. "US total sales are moderating due to an industry-wide pullback in daily rental sales, but key US economic fundamentals clearly remain positive," said GM chief economist Mustafa Mohatarem. "Under the current economic conditions, we anticipate US retail vehicle sales will remain strong for the foreseeable future." Ford said its sales for June were hit by lower fleet sales to rental agencies, businesses, and government entities, which fell 13.9 percent, while sales to consumers were flat. But it sold a record 406,464 SUVs in the first half of the year, with Explorer sales increasing 23 percent in June. And sales of the F-150 had their strongest June since 2001. On a media call, Ford executives said an initial read of automakers' sales figures indicated a seasonally adjusted annualized rate of around 17 million new vehicles for the month, which would be better than 16.6 million units analysts had predicted. FCA said June sales decreased 7 percent versus the same month a year earlier.

A closer look at the motorcycle El Chapo used to escape prison

Joaquin Archivaldo Guzman Loera, better known by his nickname, El Chapo, stands five-feet, five-inches tall. This defining trait – his nickname, not coincidentally, can be translated as "Shorty" in Spanish – is an important detail in his escape, as the tunnel that stretched a mile underground that led the drug kingpin to safety measures just one inch taller than Guzman's height. Clearly, this was a well-planned and executed escape. The tunnel that was custom-sized to perfectly fit El Chapo started at an abandoned building in the middle of an empty field and ended in a tight shaft that led to the shower stall in Guzman's jail cell. In between those start- and finish-points was an impressively dug-out hole in the Earth, complete with ventilation shafts, wiring for electricity and lights, and rails on the bottom to serve as tracks for a custom-built motorcycle that El Chapo apparently rode to freedom. There are specific traits that could be useful in figuring out what kind of motorcycle we're looking at. All of these facts are well-known to anyone who's been following the story of how the most notorious criminal in Mexico could escape from a maximum-security prison in broad daylight. Especially considering that this event marks the second time since 2001 that Guzman has arranged his own prison break. There's one detail, though, that has caught our attention. A close look at the images released by Mexican authorities shows us a motorcycle that's been heavily modified specifically to work underground. We can't be certain, based on the grainy shots and limited viewing angles of the pictures we have access to, but there are some specific traits that could be useful in figuring out what kind of motorcycle we're looking at. For starters, there's the engine. It's a single-cylinder, air-cooled powerplant, canted slightly forward. The exhaust exits on the right side of the bike, when looking from above, and there's a short chain guard on the opposite side. Granted, that doesn't narrow it down all that much. A look at the shape of the fins on the cylinder and the shape of the head, though, makes us think this may be one of Honda's ubiquitous CG-series of engines. A quick look at the bike's frame shows a single downtube, dual shocks and a steel-tube swingarm. That means it's probably not of particularly recent vintage, but we can't really pinpoint exactly what model it may be.