Yesterday, we met Toyota Chief Engineer Satoshi Ogiso in his office in Toyota City. He is responsible for all new technology at Toyota. Yesterday, we talked mostly about the past. Now, we talk about the future.

When I ask Ogiso what car we will be driving in the future, he whips out a chart. It’s a chart which I call “Peak Oil 2.0.” (Read More…)

Yesterday, the new 2012 Nissan GT-R landed on rank 10 of the fastest Nordschleife lap times. The only problem is: Nissan knows absolutely nothing about this record run. As far as Nissan is concerned, it doesn’t exist, and there is nothing to say. (Read More…)

“Look, when we started the Prius project in 1993, we did not even think of a hybrid system for the Prius. We did not set out to build a hybrid. We studied what was needed for the 21^st century, and two things were certain: The need to protect the environment, and the need to bring consumption down. That’s all we knew, and you did not need to be a clairvoyant to know it.”

The man who told me this last Friday better become clairvoyant. On Satoshi Ogiso’s shoulders rests the future of Toyota. Ogiso is responsible for all new technology at Toyota. As Chief Engineer, he is in charge of the Prius and its many siblings, he is responsible for plug-in hybrids, EVs, fuel cell hybrid vehicles, anything apart from the aging internal combustion engine is his.

I meet Ogiso at the world headquarters of the (still, officially) world’s largest automaker in Toyota City. (Read More…)

The Honda share is edging closer and closer to its  2009 carmageddon lows. And guess who knows a good bargain when they see one? The Chinese. The Nikkei [sub] reports that a “stealth” Chinese fund has emerged as a major shareholder in Honda. (Read More…)

The Brazilian government must have borrowed several chapters from Vladimir Putin’s playbook on industrial policy. Reuters has it that the Brazilians are using the same strong-arm tactic as Russia: Invest heavily in-country and steep taxes on imported cars will go away. Don’t invest in Brazil and kiss your bunda adeus. (Read More…)

When American cops drive around with expensive iron, they claim they impounded it from a drug dealer fair and square, and all is good.  For some odd reasons, China hasn’t come to the level of vehicular expropriation yet. Their police gets its car the old fashioned way: They buy it. Imagine the consternation of the people in the port city of Tianjin, when they spotted a new Mini Cooper in police livery.  That car is imported, and a basic version starts at around $45,000. (Read More…)

The gilding of China’s supercars continues. Says Carnewschina: ”

“One Chinese owner of a hyper exclusive Bentley Continental Supersport found his vehicle just not cool enough and made it even more exclusive by wrapping it and gold, and some carbon fiber-wrap on the bonnet for good measure. Well, what is taste? I certainly looks striking…”

(Read More…)

We have been pointing it out for quite a while:Something counter-intuitive (and counter- conventional wisdom) is happening in China: While the growth of the general market is slowing down, it is at the expense of the Chinese brands. The foreigners are doing fine.

Nothing illustrates this better than the story of the two Gs, Geely and GM. In October, the growth of the Chinese market effectively came to a halt.

How did the two Gs fare during that braking maneuver? (Read More…)

GM’s net income in the 3rd quarter was $1.7 billion, down a bit from $2 billion in the same quarter of last year. What was up though was total global production. According to data published by GM, global production in the first 9 months rose to 6.95 million, up 7.8 percent from the same period in 2010 when 6.45 million were made. If GM maintains that pace in the 4^th quarter, and there is no reason not to, GM should end the year with a global production well over 9 million. (Read More…)

Toyota announced today that it will resume production in Thailand on November 21. Full scale production probably is a while away. At a visit to Thailand, Toyota CEO Akio Toyoda said that “Toyota is starting to get a firm grasp of the situation and would like to restart production as soon as possible.” This does not mean that it is business as usual yet. (Read More…)

Car sales in India got it under the chin in October. In October 2011, sales of passenger cars were down 23.77 percent, utility vehicles were up a hair at 0.41 percent, sales of vans decelerated by 17.57 percent. (Read More…)

The China Association of Automobile Manufacturers (CAAM) released its October sales, and they confirmed the rumors that they were nothing to write home about. Total automobile sales are down 1.07 percent compared to October 2010. Production rose less than 2 percent. Passenger vehicles still outpace the overall market, up 1.42 percent. (Read More…)

“We will try to get clarity about what the decision from GM means and if there is any way ahead,” court-appointed administrator Guy Lofalk told Reuters. “I hope that I will know more before the end of the week.”

For the time being, Lofalk will not recommend to the court to end the bankruptcy protection process. He said it could happen though.

On Monday, GM said they would yank all licenses and oppose the deal if Saab would be sold 100 percent to China’s Pangda and Youngman.

Both Victor Muller and his mouthpiece Saabsunited now say they knew that all along.

We are in rare agreement on that. Last Friday, Sweden’s  national publicly funded radio broadcaster Sverigesradio reached me and asked what I think of the deal. (Read More…)

None of the approximately 100 journalists that packed Toyota’s basement meeting room in Tokyo today was surprised when the midterm results of the current fiscal year were announced, and there was an operating loss of 32.6 billion yen ($417 million). The loss was a little higher than expected, but expected it was. If you lose 689,000 units in sales, then you are bound to lose some money. The surprise came in the form of an unexpected new benchmark: Nissan. (Read More…)

With the Tokyo Motor Show only weeks away, Japanese manufacturers start dribbling out announcements of what they will show at the show.

Subaru for instance announced to the astonished world today “that it will roll out the Subaru BRZ compact sports car, jointly developed with Toyota Motor Corp. at the Tokyo Motor Show later this month,” says The Nikkei [sub]. No word from Toyota on its Subaru-sibling, any announcements from Aichi are under tight embargo. And when they say embargo in Japan, they mean it. Except when you are Nissan. (Read More…)