Toyota will still be #3 in cars made this year, but in terms of profitability, it has become an also-ran. Toyota shares that fate with their Japanese peers at Nissan and Honda. The Nikkei[sub] tabulated yen-denominated group earnings of 10 major automakers worldwide for the July-September quarter and comes to the conclusion: Read More >

Would you like to know how to build one of the world’s fastest (top speed 202 mph) and most agile (Nordschleife time 7:14.64) supercars? If you want to have a look at how the Lexus LFA is built, then you need to buy one. As part of the ownership experience, you become access to the “LFA Works” at the Motomachi plant in Toyota City, and you can witness how your car is made. At upwards of $375,000 MSRP for the car, this will probably also be one of the world’s most expensive factory tours. Fiscally responsible as we are, Thetruthaboutcars.com brings you a miniature Motomachi. Let the tour begin … Read More >

Before the Tokyo Motor Show, we were told that the Juke Nismo on display there is a prototype only, to gauge customer reception. If customers react positively enough, the car will be made. If not, forget about it.

Apparently, Nissan’s Chief Creative Officer Shiro Nakamura heard nothing but positive remarks because … just watch the video until the end and hear what he says.

Some claim the Japanese don’t import enough cars. After what happened on Sunday near Shimonoseki, Japan, high value imports should experience a sudden blip.

On a freeway in southern Japan, at least 10 supercars were involved in what The Telegraph calls “likely to be the most expensive car crash outside of a car racing track.” Total damage is estimated at around $4 million. Read More >

It looks like Carlos Ghosn is tired of talking about the inaction of the Japanese government with regards to the killer yen. He told his people to start packing. The Nikkei [sub] reports today that Nissan will stop making in Japan newly developed cars for export from Japan.  New cars will be produced at overseas plants.

“Under current foreign exchange rates, there can be no shipments from Japan of totally new projects,” Nissan’s COO Toshiyuki Shiga said. According to the report, anything with a new chassis that is intended for foreign markets will begin its life in those foreign markets. Says The Nikkei: Read More >

After the tsunami had hit Japan, Monday morning production experts said that production must be spread over many places in the world, just to be safe. Mention this to people at Honda, and they’ll strangle you in a polite Japanese way.

The Nikkei [sub] writes that Honda will temporarily shut down its plant in Taiwan, because it is lacking parts coming from Thailand. Honda says: Read More >

For quite some time, Carlos Ghosn had been the booh-leader against the strong Japanese yen. At the sidelines of the Tokyo Motor Show, he launched into his so far strongest worded tirade against the “abnormal” yen. He told the Japanese government to learn from the Swiss, and to basically peg the yen to another currency. Read More >

Regular Vehicle Sales Japan November 2011

All things are relative: Now that we are comparing with absolutely dismal numbers in the preceding year, November car sales in Japan look downright healthy. Sales of new cars, trucks and buses were 252,236 units, up 24.1 percent from a year earlier in November, the Japan Automobile Dealers Association says. The numbers do not include sales of separately reported minivehicles. Read More >

Sometimes, there are perks in this business. Yesterday, I had the biggest perk so far: I saw a  $375,000 (base) supercar in the nude. And I could ask the man who built the LFA what he was thinking. He thinks the LFA could change Lexus as we know it. Read More >

Yesterday, first media day at the Tokyo Motor Show, the press corps was chased from press conference to press conference in 15 minute intervals. Today, the Fourth Estate was looking forward to lazy strolls through the halls, snapping pictures of attractive ladies cars, when an urgent email, followed by urgent telephone calls disturbed the peace: Come to the Grand Pacific Le Daiba at 4pm, when Toyota and BMW will hold a joint press conference. The local gang knows: When these short notice calls come, drop everything and show up, it will be interesting.

Toyota AND BMW? Let’s go! Read More >

Toyota capitalized on the pre-Tokyo Motor Show buzz and presented its plug-in hybrid Prius PHV to the press. The car is not quite ready for launch, it will be launched in Japan on January 30, 2012. However, dealers accept orders as of today. The venue of the press conference was carefully chosen: The National Museum of Emerging Science and Innovation.

Toyota sees this car as the “mainstay next-generation eco-vehicle following the EV.” Read More >

More pre-Tokyo-motorshow nekkyou-teki (craze): Nissan is creating buzz for its Juke by floating two videos for the Juke Nismo. The car will be on hand when the show opens to the press tomorrow. The car is a prototype only, to gauge customer reception. If customers react positively enough, the car will be made. If customers react blasé, it will be forgotten .

“It depends on the reaction at the Tokyo Motor Show. If it’s quite positive, we’ll consider introducing it into the market,” says Nissan President Shoichi Miyatani. Read More >

Tomorrow, the Tokyo Motor Show will open its doors at the Big Sight to the press. Pre-show madness is running in high gear. Every Japanese carmaker tries to outdo the other with pre-releases and hints. Sometimes, they go wrong. Especially, when there are gullible counterparts. On Sunday, the (FT)86 fans at the enthusiast site ft86club.com received shocking news from their special correspondent Leeky who was dispatched to the unveiling at the Fuji Speedway.

“The car will be limited to 1000 units per year only.
Each car I  can confirm will be hand made.”

This tidbit created outrage amongst the Hachiroku (86) fans. Read More >

A while ago, we showed you a system that helps military vehicles blend into the background.  Back then I thought wouldn’t that be nice to have for a car? I bet there are occasions where you would prefer that you could simply look like you weren’t there. Tonight, I saw something that looks like the civilian version. It comes from Toyota. Read More >

Today was the day Toyota’s FT86 was officially revealed. Actually, it will be officially revealed at the Tokyo Motor Show, which will open its doors to the public on December 3. Today, the international media had a sneak preview of the car. Us, and maybe 20,000 people who lined the galleries of the Fuji Raceway where Toyota and Gazoo Racing held its TGRF (Toyota Gazoo Racing Festival).  The masses could witness from afar as Akio Toyoda climbed out of an orange sports car, removed his helmet and waved at the adoring crowds. Read More >