Toyota’s Cambridge, Ontario plant will have the honor of being the sole facility outside Japan to produce hybrid Lexus RX crossovers. The announcement came alongside plans for an investment of $34 million investment from the Canadian government.
Tag: Investment
The Canadian government will put up $250 million as part of an “auto innovation fund”, a continuation of a 2008 program which the government claims led to over $1 billion in spending. (Read More…)
The S-Class Mercedes has been the default choice for the global taste-and-wealth set for a very long time, probably since the demise of the Elwood Engel Continental. The 7-Series BMW, by contrast, has always been a slightly embarrassing purchase, the choice of the man cut out from the classy club by birth, ignorance, or a slightly unseemly insistence on driving dynamics. BMW is the striver’s brand, launched into the spotlight by a man who was sort of the Nadia Comaneci of sweaty social climbing. Mercedes is the real thing. Hasn’t it ever been thus?
German investors, on the other hand, seem to like the Roundel.
Bucolic Spartanburg, SC, will get a new boost when BMW drops $900 million on the plant to expand its capacity to 350,000 units per year. Spartanburg will become one of the world’s largest BMW plants. The BMW Group already invested USD 750 million in the expansion of the plant for production of the new BMW X3 between 2008 and 2010. Now, the plant is being expanded again to make room for the X4. (Read More…)
Some say, TTAC has an anti-Detroit, pro-import slant. We won’t comment on that, you mommy-fraternizing liars. All we can say is: If you harbor these notions, don’t move to Oklahoma. Oklahoma’s largest newspaper, the Oklahoman, dishes out more anti-Detroit snark in a single serving than even a Farago could have cooked-up in his TTAC lifetime. How about calling the former owners of Chrysler unqualified “idiots?” And not the former owners you think of now. Wait, there is worse. (Read More…)
GM is the market leader in the United States. Volkswagen has Europe. Toyota has Australia and Japan. Fiat has…. Brazil? That’s right. Fiat is the number one in Brazil. Brazilians do love a good Fiat. But with Volkswagen’s global ambitions, that number one position in Brazil isn’t safe for Fiat. Volkswagen is number 2 there and if it one thing Volkswagen doesn’t like, it’s playing second fiddle. This is why Fiat is going on the offensive. (Read More…)
Intellectual property warriors, get your guns: Following GM, its arch nemesis Toyota will plant a brand new R & D center smack into the alleged intellectual property jungle called China. Toyota plans to spend between $330 and $440 million for the center. Building will commence next year. Compared to Toyota, the one GM built in 2008 was the lite version at a price of only $250 million.
The Toyota R&D center, complete with a full-scale test course, will be located not far from the GM center, in the outskirts of Shanghai, Gasgoo reports.
(Read More…)





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waltercat - Oh, this brings back memories. First car I ever drove was the family second car, a ’61 Valiant with the 170″ slant six...
Lie2me - Wow! That’s an impressive Valiant
krhodes1 - In the days of the “voluntary import quotas”, Toyotas were both very expensive and very rust prone. And until about this generation of...
Buickman - sorry Doc, you’re wrong. Ford has the same labor costs as do the Germans. it’s nothing but bad management that drove GM into the dirt. you’re in...
krhodes1 - MPH is still used in the UK at least.
krhodes1 - Both the 85mph speedo and 55 highlight requirements ended in ~83. My ’84 VW Jetta GLI had neither. And I pegged its 120mph speedometer on more...
jimbob457 - Odd controversy here about tax refund season. Most products have a seasonal sales pattern. It was once commonly based on harvest season when farmers and ranchers...
Landcrusher - If you do it the way DARPA does, then just have DARPA do it. Its easier and more...
AJ - My father-in-law owns a restored Valiant that he’s used for drag racing. My wife and I drove it away when we were married....
nickoo - Personally, I would buy the caravan over this, but if someone absolutely needs awd then this might be the way to go. With the caravan and stow and go, there...