Category: News Blog

By on February 8, 2010


Karl writes:

Sajeev, I am not sure if this has been covered before, but I am writing about washing cars in winter. I finally have a car that is new enough and nice to worry about keeping the body in good shape for a long time. It will not be driven that regularly, so I expect to keep it for a decade–I tend to keep my cars a long time. I remember reading long ago (okay, long, long ago) about not washing vehicles in freezing weather. Well, I live in Wisconsin, so that is a third of the year. I want my new purchase to last, so what should I do to preserve the paint and the body?

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By on February 8, 2010

Photo enforcement machines around the world this week were found to be ticketing drivers who had malfunctioned, ticketed motorists who had done nothing wrong, or the machines themselves were found to be in violation of the law. Read More >

By on February 8, 2010

This week, Opel will embark on a pan-European begging tour. Applications for government aid will be sent to Germany’s central government, Germany’s states with Opel plants, and to the European countries where Opel has a presence. A business plan, and an expert opinion from the little known CPA firm Warth & Klein will complete the package, writes Das Autohaus. Target of the funds drive are €2.7b. Opel management still counts on wage concessions of €265m per year over five years (a total of €1.3b). Unions and the Opel Works Council already have said “nein” to the concessions. Governments want to see the paperwork first, Read More >

By on February 8, 2010

While Toyota is successful in hitting the target it painted on its own foot, Chinese manufacturers are setting more ambitious targets, Gasgoo reports. On the average, domestic automakers plan for 30 percent expansion. Joint venture car makers are a little more restrained. Read More >

By on February 7, 2010

Readers of the Nikkei [sub] were greeted this morning with the purported news that by the end of this month, Toyota “is expected” to recall its Sai and Lexus HS250h hybrids, which use the same braking system as the Prius hybrid. Furthermore, “the company is believed to have decided” to recall the current Prius, “and is expected” to notify the Transport Ministry of the plan early this week. Read More >

By on February 7, 2010

Company No One’s Ever Heard of To Tune Exotic Car With Ugly Body Kit and Ostensibly More Horsepower

A company that no one’s ever heard of, but which claims to have 40 years of experience tuning the most exotic sports cars, plans to tune an extremely expensive, high tech exotic sports car with an ugly body kit and theoretically additional horsepower. While the original car’s engine was developed on the Formula 1 racetrack after hours and hours of race testing, and the body was honed in a wind tunnel and then refined on the same F1 track, the tuner company actually knows better.

“You see, we do what the manufacturer of that $500,000 exotic car was unable to do, as a result of limited budgets and engineering restrictions,” said a spokesman for the tuning company. “We know way more than the car’s nerdy original engineers how much horsepower the body can tolerate, and we’ll achieve that horsepower by using a carefully installed supercharger from the eBay.” Additionally, the spokesman told MetaCars, “Carbon fiber is light and really expensive. How could it be wrong to replace body panels on the exotic sports car with carbon fiber. One step: lighter, just as strong. Must make it better.”

In announcing that it will be tuning this particular high-end exotic sports car, he tuning company joins the ranks of the legendary Wald, Gemballa, Ruf, Brabus, Lorinser, Carlsson, Alpina, Novitec Rosso, Hamann, Koenig, Wimmer, and Edo Competition, all of whom have said they too have tuned it already. The car goes on sale from the manufacturer next year. The tuning company says its work will cost $200,000 in addition to a donor car. They also ask us to point out that the photos included here, which came with their press kit, are photoshops. Read More >

By on February 7, 2010

After piles of books have been written about the „Toyota Way,“ this round of recalls will have a permanent place in the annals of how to completely NSFW-up crisis management. The epicenter of the disaster at Toyota is not in the pedal dept., it is not in the software development dept., it is in the Public Relations Department in Toyota City. Or possibly, right at the top.

Last Friday evening, Toyota trotted out their CEO and founder’s grandson Akio Toyoda to address the complaints about Prius brakes. Toyoda said nothing of substance. What irked the public, and what became instant fuel to the already raging fire, was that Akio Toyoda refused to address the fact that Toyota had changed the Prius software, and changed the braking hardware in January, for cars in production. People wanted to know what happens with the cars they had already bought. Akio Toyoda left his customers in a lurch. Answering in very bad English instead through an interpreter made matters worse.

A day later, Reuters wrote that Toyota will recall the Prius “in the next few days.” Who was the source? A Toyota spokesperson? Nah. A “person close to the matter?” Nope. The source was a Toyota car dealer. “Toyota officials were not immediately available to comment.”

Today, the Nikkei [sub] writes that Toyota “has decided to recall and repair free of charge the latest model of its Prius hybrid sold in the domestic market due to complaints over brake problems.” And who’s the source? A Toyota spokesperson? Nah. Read More >

By on February 6, 2010

The Greyhound Scenicruiser was iconic, and set off a rash of imitators world-wide. Based on a design of Raymond Loewy supposedly inspired on an earlier patent by Roland E. Gegoux, it was hailed as a stylistic and practical breakthrough. But it was anything but new or original, as this 1937 Kenworth bus illustrates quite well. It was used in the north west for a number of years. But was it original? Is anything? Read More >

By on February 6, 2010


I will be appearing on CNN’s Newsroom Saturday at 5:30pm Eastern/2:30pm Pacific to discuss the Toyota recalls, their impact on the market and the politics of automotive safety. Do tune in.

By on February 6, 2010

Here’s some Saturday morning pictorial randomness to start out the day. Shall we have a thetruthaboutbuses theme today? I’m very fond of them. These folks living in this lot have a pretty wide variety of transportation options ready to roll, right down to the Cozy Coupe. They’re probably off riding their gas powered skateboard.

By on February 5, 2010

Premium cars are a hard sell? Not in China. The Chinese developed a ravenous appetite for Germany’s luxury brands. In January, all three German premium makes, Audi, BMW, and Mercedes, more than doubled their sales, reports Das Autohaus. Read More >

By on February 5, 2010


Incentives are a tricky hand to play. On one hand, you can’t be mean in putting cash on hood, because you want to bring customers into your showroom. On the other hand, too much cash on hood, looks bad and in the long term, it’s proven to be bad for business. So, Edmunds’ January 2010 incentive figures for the United States [release via benzinga.com], were a very interesting read.
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By on February 5, 2010

By on February 5, 2010

Does Tesla’s S-1 SEC filing leave you worried about the state of EV startups? The great thing about the seamy underbelly of the EV industry is that there’s always a shadier prospect out there to make even marginal cases like Tesla look good. Our perennial favorite in the EV vapor game is ZAP, the erstwhile maker of the Xebra EV (interestingly, the Xebra still shows up on ZAP’s webpage). Zap’s latest play in its never-ending quest for press-release fodder: a tie-up with (get this) a South Korean optics company, best known for its camera lenses and closed circuit TV security systems. Because sometimes you have to cross an ocean to find a sucker big enough to say things like:

Samyang decided to partner with ZAP because of its extensive industry knowledge in electric vehicle production and the breadth and maturity of its current line of electric vehicles

Oh dear.

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By on February 5, 2010

I’ve been warned before by the B&B not to read too much into the forward-looking statements in SEC filings, especially the ones where companies ruminate over all the things that could still go wrong with their struggling firms. These legal disclosures of worst-case-scenarios often reflect unlikely scenarios and can be downright misleading, so we held off from diving too deep into Tesla’s IPO S-1 filing [complete document here]. Others around the web have jumped in without compunction, and this week has yielded a steady drip of troubling revelations. It’s a wild and woolly collection of issues, but given that people are going to be asked to invest in this nightmare of a company, it’s only fair that we give the grievances an airing.

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