Category: News Blog

By Bertel Schmitt on March 21, 2010

“If we lose that case, we will lose heavily” said Toyota in Delhi’s High Court. The judges had no sympathy for Toyota’s pleadings. Their decision might impact seriously on Toyota’s plans to market the Prius in 40 countries worldwide. As if Toyota doesn’t have enough problems with recalls and class action suits, now this: (Read More…)

By Cammy Corrigan on March 20, 2010

The NYTimes reports that Norbert Reithofer, CEO of BMW AG, is thinking the unthinkable. Dr Reithofer said at a shareholders’ meeting in Munich: “We are exploring the possibility of developing a joint architecture for the front and four-wheel drive systems of these cars,” WHAT?! An FWD BMW? An act against nature. Say it isn’t so! He didn’t. (Read More…)

By Cammy Corrigan on March 20, 2010

Peter Schiff (the man who saw the financial meltdown coming from a mile away) continually asserts that financial stimulus isn’t cure, it prolongs or postpones the problem. Any hardcore free capitalist will find it hard to disagree with Mr Schiff. There is no governmental stimulus such as in Europe. There is plenty of stimulus  from the car makers.

March sales for the United States are forecast to explode according to ecreditdaily. They report that JD Power & Associates forecast that new vehicle retail sales going to increase 25 percent. New vehicle sales for the month of March 2010 are expected to be around 883,300 units. The majority of the growth is expected to come from a certain manufacturer who’s been in the media for other reasons. Our own Darth Niedermeyer, saw this coming. (Read More…)

By Justin Berkowitz on March 20, 2010

Palin To Toyota: Just Resign From Making Cars

Former Alaska Governer Sarah Palin has a message for Toyota: “The best thing they can do at this point is resign from manufacturing cars,” she said in a statement posted on her refrigerator. These statements were later echoed in a speech.

“If there’s anything I’ve learned,” Palin told a crowd of supporters outside Phil’s House of Taxidermy in Bozeman, Montana, “It’s that you should always quit to focus on your family and serving people better.”

When asked how this might apply to Toyota’s situation, Palin responded “Toyota and me have a lot in common. We both have mentally challenged offspring. If I were them, golly I’d quit making cars because the establishment is too much of a mess. But they can tell supporters that they will continue to fight the good fight of making cars.”

Toyota has been plagued by quality scandals over the past several months, marked with congressional hearing and a tremendous recall. This past week several Priuses became self aware and tried to commit suicide, taking attempting to take their drivers with them.

(Read More…)

By Edward Niedermeyer on March 20, 2010

Bob Lutz and Bob Eaton bask in the glow of niche appeal, circa 1997 [via The NY Times' eulogy for Bob Lutz]. But don’t put MaxBob in a box:

“People who characterize me as a mindless muscle-car, cubic-inches fanatic don’t know my background,” he said. “I’ve always had a great fondness for relatively small and underpowered cars,” citing the 1981 Ford Cockpit, a Ghia-bodied three-wheel concept car that topped 75 m.p.g.; the European version of the Ford Escort; and the inexpensive Pontiac Solstice roadster.

By Bertel Schmitt on March 20, 2010

“Leading San Francisco product liability attorney, Mary Alexander states if you or a loved one has been injured or killed due to stuck accelerator pedals, break issues, or steering problems prompted by a defective Toyota vehicle, you may have a product liability claim that would entitle you to compensation for your injuries and damages.”

(Read More…)

By Bertel Schmitt on March 20, 2010

This morning, Beijing woke up in a massive yellow cloud. Motorists found their cars covered by thick layers of yellow grit. Air filters were quickly overwhelmed. What happened? (Read More…)

By Bertel Schmitt on March 20, 2010

Lavish cash on the hood of Japanese cars may help their U.S. sales (or soften the fall in Toyota’s case). The largess also “will put pressure on earnings,” says The Nikkei [sub].

Toyota, Nissan, Honda raised sales incentives in February to an average of 2,221 dollars per vehicle, up 11 percent from January. (Read More…)

By Bertel Schmitt on March 20, 2010

PSA, Europe’s second largest car maker after Volkswagen (14.9 percent and 20.8 percent market share respectively in February 2010, as per ACEA) considers changing their name, says Bloomberg. There are several choices on the table, the front-runner appears to be … (Read More…)

By Paul Niedermeyer on March 19, 2010

Creativity means to explore new avenues of expression. In the thirties, forties and fifties, old cars were the clay that inspired new forms of creativity for the hot rodders and customizers. By its nature, creative expression was always changing, and 1953’s hot ticket was stale bread by 1958. The sixties were the blowout, led by crazies like Ed Roth. But by the seventies or so, the truly creative period was over, and it soon became a big-bucks business dominated by the Chip Fooses of the world. Glitzy eye candy, but don’t try this at home kiddies! No wonder there was a revival of rat rods, and the art car scene blossomed. Younger and/or artistic folks have always needed to test the sensibilities of the establishment, so if the goading words on this bumper have done their thing, and this turns you off, it’s been a roaring success. (Read More…)

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