Optimism and food were the two abundant commodities at Better Place’s press conference yesterday morning, announcing the company’s first Visitor Center, established – how ironically – inside what used to be an oil tank in Pi Glilot, a former gas depot. It seems that the entire event and the resounding optimism around it were eclipsed by HSBC’s recent $350 million investment in the company.

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The Japanese government is getting increasingly worried that the Toyota debacle might turn into a worldwide backlash against Japanese cars, or even all Japanese products. As the world’s 4^th largest export nation, Japan has a lot to worry about.

Today, large parts of the Japanese cabinet came down hard on Toyota, says the Nikkei [sub]. (Read More…)

Yesterday I sold a 1992 Lexus LS400. It was a well kept model with all the bells and whistles for it’s time. Hands-free cell phone. 250 horsepower V8. Sunroof, ABS, plenty of wood interior accents. For 195,000 miles it was a really great car. At the time it drove off I was speaking to a journalist from Reuters who was covering the Toyota recall. A mental somersault happened at that very moment. While I watched the Lexus pull away and kept on discussing the industry wide battle to contain costs, I looked at a few of my older cars. A 1993 Town & Country, still in great condition. A 1995 Cavalier that could easily go another eight to ten years. A 1997 Pontiac Sunfire Convertible that still drove like it was virtually new. Three cars. All of which were of seemingly dubious reputations for their time all had a good shot of hitting the big 20. I realized something in that very moment…
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Scion shows off the tC “Release Series Six” edition, which boasts a 70s muscle car-inspired graphics package, complete with a not-in-any-way-indicative-of-engine-displacement “6.0″ on the flank. Think of the look as Yee-haw meets Ichiban, but because it’s a Scion tC it’s neither cool nor particularly fast. Poor Scion…

The legal angle to the Toyota recall story has been a source of constant amusement, from an early attempt to prevent Toyota from enacting its gas pedal fix, to news today [via Reuters] that at least 30 class-action suits have been filed since the recall began. “This is going to a little cottage industry all of its own,” says Matt Cairns of DRI, the Voice of the Defense Bar, the largest U.S. civil defense attorney association.
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Opel’s Nick Reilly today revealed details of Opel’s long-awaited business plan. Here are the highlights (and low points) as reported by Automobilwoche [sub]. (Read More…)

It’s the software, stupid. At a press conference at 3:30 pm Japanese time, Toyota came clean and announced that it will recall 223,068 hybrid vehicles in Japan, including its latest Prius model and three other models–the Sai, the Lexus HS250h and the Prius Plug-In Hybrid, says the Nikkei [sub]. They will get a re-flash of the brake software.  Worldwide recalls of affected models will follow. This ends – for now – weeks of waffling over the latest in a series of Toyota problems.

The recall will start Wednesday. A total of 199,666 Prius vehicles manufactured between April 20, 2009 and Jan. 27 of this year will receive new ABS software. (Read More…)

Most car design is evolutionary and derivative. Rarely does a manufacturer make a complete clean break with the past, and risk everything on a fresh stylistic new beginning. Except of course, when you’re at the end of your rope, and staring death in the face. Suddenly, anything, even something boldly original, is very possible and worth risking. It happened exactly once, in the modern history of Lincoln. Frankly, it wouldn’t be a stretch to say that it in terms of an existing car make, the 1961 Continental is about as clean a break from its predecessor model as any American car in the post-war era. The only other car that comes close in creating a similarly new and lasting design language is the 1960 Corvair, and that had no predecessor. We could surely use another ‘61 Continental in these unoriginal times, but don’t hold your breath. Even near-death experiences don’t seem to have the same effect anymore. (Read More…)

GM sold a lot of compact cars in January. Gm also had a high percentage of fleet sales in January. Coincidence? We think not. [Please note: VW Rabbit sales do not include GTI]

Furious Fuschia counterpoint after the jump.

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