What car does Albert Alexandre Louis Pierre Grimaldi  a.k.a. His Serene Highness Albert II, Sovereign Prince of Monaco drive? He drives a Prius.

Today, he switched it for a plug-in hybrid Prius. The minute the first plug-ion hybrid was available in Europe, Toyota shipped it to Monaco as a two month loaner. (Read More…)

The intensified alliance between Toyota and BMW shines a new light on a technology that has been discussed for decades, but that never quite made it: Hydrogen fuel cells. BMW will get access to Toyota’s fuel cell technologies. This most likely spells the end of the fuel cell cooperation between BMW and GM. Let’s take another look. (Read More…)

“At the Nürburgring, there is always a car that passes me. It is a BMW.“ So said Toyota Chairman Akio Toyoda today as he announced a deepening of the relationships between Toyota, and the company that makes those cars that pass Toyoda on the Ring. The surprising part: BMW and Toyota will jointly “develop architecture and components for a future sports vehicle.” (Read More…)

For two years, the world was worried about a possible rare earth shock, triggered by the crafty Chinese. As they are withholding the dirt that is essential for magnets, motors, and generators, an electrified world will go on its knees – or so the theory went.

The opposite happened. Right when everybody was ready to blame the high prices of EVs and hybrids on the Chinese,  prices of rare earths crashed. Small miners went belly-up. And now, shockers of shockers, The Nikkei [sub] says that Japan found 200 years’ worth of rare earth near an island. Even bigger shocker: The island is not on the China side of Japan, it’s in the Pacific. (Read More…)

A mysterious Lexus LFA that went from Motomachi to (the green) hell is fueling the fantasy of bloggers. Some say the Tiffany-blue bolide belongs to the Sheikh of Qatar, who just happens to like his cars in Tiffany blue. Others say it is the LFA going out with a bang, attacking the elusive Nordschleife ring record one last time “with an engine over 600 bhp.” They all made it up.

This is not a story about the LFA. This is a story about bloggers sucking stories out of their thumbs. (Read More…)

With only a few days until the end of the month, Edmunds issued its June sales forecast. Edmunds expects that 1,270,901 new cars will be sold in June, translating into a 20.7 percent increase compared to June 2011, and a 4.7 percent decrease from May 2012. The Seasonally Adjusted Annual Rate (SAAR) is projected to come in at 13.9 million light vehicles. (Read More…)

The new CX-5 SUV is selling so well that Mazda has to expand capacity by 50 percent. (Read More…)

Man on a mission: Tycho at the Beijing Auto Show

Yesterday, we reported about Carbuzz purloining content from Carnewschina, and that it is continuing to do so despite vows of repentance. This morning, Carnewschina proprietor Tycho de Feyter opened his laptop in Beijing in order to visit vengeance on the presumptive “leader in car news and industry information.” He keyed in the Carbuzz URL and looked at an empty screen.

“Carbuzz.com is completely down since this morning (Chinese time),” de Feyter telegraphed from Beijing.  “Maybe the owners got word of the mess?  I hope they stay down, but sadly I can’t do my other articles on these bastards anymore…”

It turns out that Tycho was mistaken. Instead of taking the site down, Carbuzz erected a firewall that keeps out China. (Read More…)

Italy’s Fiat, late to the Chinese party, finally opened its first plant in China today. Reuters reports that “the plant, based in Hunan province, is the latest development in a 5 billion yuan ($786.73 million) joint-venture between Fiat and GAC, China’s sixth largest auto manufacturer.” The plant also should help improving China’s dismal car export statistics. (Read More…)

If the year would have ended on May 31^st, Toyota would be the world’s largest automaker by a wide margin, followed by GM, and a distant third, Volkswagen. The year is not over until it’s over, but 5 months are a good indicator for the rest of the year. Let’s have a look. (Read More…)

Popular wisdom says that China is a bunch of thieves with utter disregard for intellectual property. Any good, or even half good idea gets immediately stolen in China. In a man bites dog twist on the story, an American website is being accused of serial thievery of made-in-China intellectual property.  According to Beijing-based Carnewschina, the Rockville, MD, site Carbuzz.com “systematically steals my content for their China-tag. CarBuzz.com steals my pictures, my information, but does not link back to me.” (Read More…)

Toyota and BMW will announce a closer alliance as early as Friday, The Nikkei [sub] and Tokyo scuttlebutt say.  According to the Nikkei, the two will share Toyota’s hybrid and fuel cell technology. BMW will try seeking scale effects for its CFRP technology. TTAC will feature a closer look into Toyota’s carbon fiber capabilities once we have finished our own research. (Read More…)

Tomorrow, Thursday, the management of Opel will present an allegedly comprehensive turnaround plan to its supervisory board, Reuters reports. If GM stockholders expect a big bang to lift their holdings, they will most likely be disappointed. The plan is expected to deliver less and that later. However, it looks like Opel might share pain and plants with PSA Peugeot Citroen. (Read More…)

Ford expects June new car and truck sales to come in at the same rate as in May, and sees a cloudy rest of the year as the outlook for the economy remains mixed. (Read More…)

Consulting firm Alix Partners predicts a slowdown of U.S. auto sales. The study, reported at Reuters, cites the usual suspects, such as lingering high unemployment, increased costs and more people driving less. It then touches on something that is very basic, but often overlooked: Sales are driven by the number of potential buyers.  If there are fewer buyers, there will be fewer buys. New cars are bought in certain age groups, usually somewhere at around 35 and up. As the boomers are going out to pasture, there simply will be fewer potential buyers. (Read More…)