It’s been quite a year for the builders of the Model T GT: a feature article in Hot Rod, plus several races in which the T held the lead for quite a while before vaporizing the transmission. Finally, everything came together this weekend at Infineon Raceway aka Sears Point, and the world’s quickest road-race Model T turned more laps than every one of its 170 competitors. (Read More…)

With a Halloween deadline to get its restructuring back on track looming, Swedish Automobile has rejected an offer by Youngman and Pang Da to buy 100% of Saab’s shares. Moreover, the struggling Swedish brand has canceled the existing agreement with Youngman and Pang Da, its erstwhile would-be rescuers. A Saab presser notes:

Today, Swedish Automobile N.V. (Swan) announced that it has given notice of termination with immediate effect of the Subscription Agreement of July, 2011 entered into by Swan, Pang Da and Youngman.

Swan took this step in view of the fact that Pang Da and Youngman failed to confirm their commitment to the Subscription Agreement and the transactions on the agreed terms contemplated thereby as well as to explicit and binding agreements made on October 13, 2011 related to providing bridge funding to Saab Automobile AB (Saab Automobile) while in reorganization under Swedish law.

Pang Da and Youngman have presented Swan on October 19 and 22 with certain conditional offers for an alternative transaction for the purchase of 100 percent of the shares in Saab Automobile which are unacceptable to Swan. However, discussions between the parties are ongoing

(Read More…)

The staging area of the TTAC Goes South tour is picturesque Kenneshaw, GA. For whatever reason, the city sports one of the highest densities of low-priced motels. My Wifi scanner gives me a choice of 9 channels, all belonging to the giants of the roadside hospitality business.  Those who arrived from far-away places like Portland (Ed) and Beijing (BS) are already here, waiting for Steve Lang to close his last buy here, pay here of the day. (Read More…)

How do you grow your business if you are allowed to sell only 7,000 cars a year? Ferrari is in that tough spot. Last year, they sold 6,500 cars with the prancing horse. To protect Ferrari from being mistaken for a brand that everybody drives, a ceiling of 7,000 has been established. (Don’t ask me why 7,000.) So how do you grow your business if you can’t sell more cars? Simple: Charge more. “Personal touches like cashmere-covered seats and gold-colored exteriors” can add 20 to 60 percent to the price, writes Bloomberg. (Read More…)

With TTAC’s editorial team rendezvoused in Georgia in preparation for our Southern Tour, it seems the state of Tennesse has been warned of the coming invasion of Niedermeyers, Langs, Schmitts and Baruths. According to Nashville’s News Channel 5 [via Robert Farago’s Truth About Guns], the Volunteer State has, er, volunteered to become the first state to bring a Transportation Security Administration presence to its highways and byways. Says Tennessee Department of Safety & Homeland Security Commissioner Bill Gibbons,

Where is a terrorist more apt to be found? Not these days on an airplane more likely on the interstate

What evidence is there, besides the imminent presence of some particularly depraved automotive bloggers, for this purported increase in terrorist activity on Tennessee’s interstates? Who knows? Not the point. And there’s no “opt-out” lane on the freeway…

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Divorce is a complicated matter. Sometimes, it takes a while for all involved that it’s over. Apparently, they are in that phase. If the German magazine Wirtschaftswoche is correctly informed, then VW CEO Martin Winterkorn wants to bring the matter to a conclusion until the end of this year – one way or the other. Says Wirtschaftswoche: (Read More…)

Toyota is the last of several other major manufacturers to open an R&D center in China. The company held a cornerstone-laying ceremony last Saturday in the Southeast Economic Development Zone in Changshu, China. The city is  not far from Shanghai, close to many other manufacturers. (Read More…)

It was a long, hot, crazy, metal-crunching day at Infineon Raceway today, with cars bashing into walls and each other, shooting rods through hoods, catching on fire, and generally reducing the world’s stock of sub-$500 beaters. Still, some of the 171 Skankaway Anti-Toe-Fungal 500 24 Hours of LeMons teams managed to keep running, and when the session ended we had some familiar faces in the top five. (Read More…)

What’s the most powerful number in automotive marketing? No, not zero, as in “zero down, zero percent interest”… the answer we’re looking for is 40, as in “40 MPG hwy.” With the compact segment heating up, 40 MPG on the highway is very nearly a price of entry… if your base model doesn’t achieve the magic number, you’d better have a special edition that does. But even as “40 MPG” becomes more and more important as an industry benchmark, it inevitably raises a perennial question: do EPA numbers mean anything in the real world? Hyping the highest possible number rather than a “combined” figure is a classic marketing move, but one that risks exposing the EPA highway number as a meaningless metric. And if nobody actually gets the rated efficiency, it’s only a matter of time before the market begins to demand more accurate reporting.

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Though the idea that there is a “war on cars” appeals to certain segments of society, there’s little evidence for any such effort. On the other hand, it’s pretty clear that there’s a “war on drivers” on, and it’s being led by the automotive industry. On the one hand, cars are being ever-more laden with distracting gizmos and toys, while simultaneously, companies are testing systems that minimize the need for drivers at all. Though Google’s autonomous cars get a lot of media play in this country, another system is moving Europe towards a similar endgame. Known as “Car-To-X,” the system allows cars to swap information like speed and direction, not just with each other but with traffic lights and traffic data collectors. The idea is to avoid traffic and crashes, by warning drivers of oncoming traffic in a left-hand turn scenario, for example. Because who wants to use their eyes to make sure they’re safe when technology can do it for you?

According to Autobild, the first public German test of the system will begin next spring, with 120 vehicles taking part. GM is currently testing a similar system. If all goes according to plan, systems like this and Google’s autonomous technology will fulfill GM’s prediction that autonomous vehicles will be a reality by 2020, and the war on driving will be won. Or lost, depending on your perspective.

The LeMay Museum in Tacoma, WA won’t be completed until June, but the NY Times reports that it aims to become on of the premiere automotive museums in the country, rivaling collections like the Peterson and Harrah museums. And at 165,000 square feet, the building that is rising in Tacoma needs to be huge: though “only” 750 vehicles will be exhibited at a time when the building is done, the LeMay collection is far larger than that. Although even curator David Madeira isn’t sure how many vehicles actually belong to the collection.

“I don’t know,” Mr. Madeira said recently in an interview at The Times, when asked how many vehicles were in the possession of Harold LeMay, the garbage-disposal magnate whose collection of American automobiles would comprise the majority of the museum’s holdings. Mr. LeMay, who died in 2000, was prone to buying a barn or even a field containing old automobiles just to prevent their contents from landing in a junkyard. “He was not a connoisseur; he was a true collector,” Mr. Madeira said.

Once holding at least 3,500 vehicles, the collection has been cut to “north of a thousand” aimed at representing the sweep of American automotive history. And those will be joined by vehicles from the collection of watchmaker Nicolai Bulgari in order to create an automotive museum that founders hope lives up to the name “America’s Car Museum.” Since it’s right up I-5 from me, I’ll be sure to report on the collection and whether it reaches that lofty goal when it opens to the public next Summer.

One of the earliest iterations of the “Low Speed Vehicle Today, World EV Domination Tomorrow” business model to emerge at the dawn of the electric car era was ZAP. But after being exposed on numerous occasions for its poor product quality, vaporware hype and stock manipulation (most infamously in this Wired story), ZAP disappeared from the EV scene in the US (the company’s official (read: sanitized) history can be found here). Last we heard, ZAP was hyping a venture with the Korean optics firm Samyang, but it seems the firm has spending the last year or so putting down roots in the Chinese market. Having merged with Jonway, the Chinese maker of scooters, ATVs and a CUV that looks suspiciously like the Toyota RAV4, ZAP came back to the US for the Automotive X-Prize, which it contested in a ZAP Alias, the three-wheeled, $38k vehicle that has not been produced in volume although the company is still accepting deposits for it. The Alias failed to finish in the X-Prize, but ZAP says that revenue from Jonway is funding the vehicle’s continued development (including a four-wheeled version)… which was supposed to debut way back in 2009.

Now Consumer Reports says the firm is focusing on selling electric RAV4 knockoffs produced by Jonway as it continues to work on the Alias. But the firm seems to have burnt too many bridges in the US, as it says it will focus on selling the EVs in China and other world markets… despite the fact that developing market EV sales are going nowhere.  But ZAP has left something of a legacy in the US: Senator Mitch McConnell, a critic of government loans for Solyndra, apparently pushed for a quarter-billion dollar federal loan to ZAP, opening him to charges of hypocrisy. Now, as ever, ZAP remains a fascinating fixture at the margins of the EV scene. And though it’s an interesting company to watch, it’s best when viewed from a safe distance…

After dogged reporting, ABC’s investigative unit, headed by Brian Ross of dubious Toyota fame, found out the shocking news that Fisker received a $529 million federal, and now the unpatricotic SOB has the Fisker Karmas built in Finland. ABC is shocked, I say shocked: (Read More…)

The full name of this weekend’s race at Sears Point aka Infineon Raceway is “THE SKANKAWAY ANTI-TOE-FUNGAL 500, SPONSORED BY CRUSKIN-SKANKAWAY INC., THE OFFICIAL FUNGICIDAL TOE CREME OF LEMONS,” because Cruskin-Skankaway, Inc., won the bidding war for race sponsorship. Appropriately enough, this race featured more Chrysler, Mitsubishi, and Chrysler-Mitsubishi products than any race in LeMons history. (Read More…)

Strongly feel that Porsche should stick to sports cars? Personally, I’m willing to cut Zuffenhausen a little slack. Sports car sales, with their boom-and-bust cycles, don’t provide a sound foundation for corporate financial health. A more reasonable test: does Porsche’s entry look and drive unlike any other, in a manner consistent with the marque? Though […]