History is written by the victors, or so the saying goes. You lose, not only do you get beaten up in real life, but also in the history books. Few losers come much bigger than Rick Wagoner. The man who oversaw the last slide into Chapter 11. Yep, there wasn’t much love out there for “Red Ink” Rick. Until a few days ago. Read More >

Toyota and Fiat may not be setting European sales charts alight, but according to a recent analysis of per-vehicle CO2 output, the two automakers are on the cusp of meeting the EU’s stringent 2015 standard. Automakers competing in Europe will have to reduce their carbon emissions to 130 gm/km by 2015, a huge challenge for firms like BMW, Mercedes and Volkswagen, which currently have average emissions of 151, 167 and 153 grams per km respectively. Fiat and Toyota, on the other hand, have already reduced their emissions to 131 and 132 grams per km, putting them within a sneeze of the 2015 standard. But the auto industry never though that any of its firms would be on track for overcompliance. In fact, the AFP reports

In 2008 carmakers successfully pushed back from 2012 to 2015 the deadline for technological innovation, allowing them to meet stipulations, in exchange for a commitment to drop to 95 g/km by 2020.

Despite not insignificant loopholes, they can be heavily fined if they miss these targets as the EU strives to meet wider aims in reducing emissions of harmful gases blamed for negative climate change effects.

When GM was in its final throes (about 2000 onwards) it was quite easy to see that GM would go under. Even though they were posting records profits, anyone but the shills knew that these profits came from the SUV boom and not from any long term sustainable plan. That’s fair to say, right? So now let’s move to Toyota. The cry I hear, these days, is “Toyota is the new GM! Toyota is the new GM!” (Why people have to say things twice, I’ve no idea. I’m not deaf, just stupid.) And there is certainly some evidence to suggest that. Piling on the incentives, suspect quality, etc. But then something comes along which, seemingly, blows that theory out of the water. Read More >

Toyota is probably feeling a little unloved right now. The US government has been trying to burn them at the stake, Chinese buyers are shunning them and even the Canadians are even saying “No, eh?” (My experience of Canadians is pretty much limited to “South Park” and “Due South”). But love and good news can come from the most unlikely of places. Read More >

With battery partner Toyota already $50m deep in Tesla’s equity (and another $60m deep in an electric RAV4 development agreement), Automotive News [sub] reports the Japanese automaker’s main EV partner, Panasonic, is investing $30m of its own in the Silicon Valley EV form. Panasonic and Toyota jointly build NiMh and Li-ion batteries in a venture called Primearth, and the move appears to bring Tesla closer into Toyota’s orbit. Tesla already uses Panasonic cells in its drivetrains (although not exclusively), and the two firms have already partnered on power-pack development. Panasonic’s $30m investment is said to have bought it a two percent stake in Tesla, and the two will cooperate together on sales and marketing of those battery packs in the future.

Read More >

My niece and nephew are about to have their B’nai Mitzvah. To call this event a ‘gala’ will be like calling Lillith Fair, “a trite affair with a few left-leaning ladies.” Money will be spent aplenty. Ceremonies that are thousands of years old will be performed and honored, and I will have the best time since last year’s demo derby. Even though I live in Georgia, I love coming back ‘home’, and some cars that were truly authentic for their time still give me that same feeling.
Read More >

Who spent the most money on volume-building but profit-sapping incentives over the last month? Well, it depends on who you ask. Edmunds.com’s True Cost Of Incentives index puts GM at the top of the heap, with an October estimate of $3,437 spent per sale. Truecar.com has a similar number for GM, at $3,472, but says that Chrysler was the king of incentivized sales last month, spending $3,629 per car sold. Interestingly, both firms put Ford at just over $3,000 spent per vehicle, but Edmunds says Chrysler is actually under that mark, spending $2,927 per vehicle. In another discrepancy between the two reports, TrueCar puts Nissan at $3,050 while Edmunds puts the Nissan number at $2,321. In any case, Toyota may just be the Japanese automaker that breaks Detroit’s dominance of average incentive numbers. Toyota’s Bob Carter has revealed that big incentives are coming as Toyota struggles to get its volume up by year’s end, telling Automotive News [sub]

You will see an enhancement to marketing and incentives but [they] will remain consistent in the APR and lease arenas,” he said. “They will be the best deals of the year — leasing and APR deals are moving the market.

Toyota drops in China, Canada, The United States, Japan and (almost certainly) Europe, too. You’d think good news would be scarce. And you’re right, it is! But wait, there’s one! Read More >

It’s time four our annual non-SEMA non-coverage post. You know where to go and find it, but this tastefully customized Prius refuses to be ignored. Shall we guess what those front end scoops do to the Prius’ carefully refined aerodynamics. Ah, but that carbon fiber hood will offset enough weight to mitigate any loss of efficiency from the body work. Admittedly, the Prius C&A Custom Concept had a strong challenger for TTAC’s annual SEMA non-coverage winner: Read More >

Automotive News [sub] hasn’t received the memo that EVs need good news, badly. Instead, AN hammers the last nail into the electric vehicle’s coffin. If range anxiety, the lack of 220V outlets at your curbside parking spot, and high prices aren’t enough to keep you away from an electric car, how about “an Orwellian future where faceless international corporations track your every move. Drop by the bar after work, call in sick to go to the beach, visit your mistress’ house. The all-seeing eye of Big Brother knows where you’ve been.”

That’s what will happen when you drive an EV, says Automotive News [EN]. Your green friend will snitch on you. 24/7. Read More >

If you’re a driving enthusiast with a family and a sub-$20k budget, then a four-door sport compact tends to be the way to go. Unfortunately, you don’t have as many choices lately. Nissan’s, Honda’s, Suzuki’s, and VW’s suitably sporting offerings are priced out of reach. Mitsubishi is barely hanging on with the Lancer GTS. Toyota offers the Corolla XRS, but few enthusiasts take it seriously. Only the Mazda3 sells well in this segment, but the new styling isn’t for everyone. Perhaps the Kia Forte SX? The lone Korean offers the most horsepower for the lowest price, and for 2011 will be available in practical hatchback form. But is it truly a contender?

Read More >

In Part 1, we found that, despite its large overall sample size, Consumer Reports’ has serious gaps in its coverage. But what about the reliability ratings they can provide? An FAQ asserts CR’s ability to split results by engines, drive types, and so forth. At first glance, this appears valuable, as CR’s reliability scores often differ from powertrain to powertrain. But are these differences valid? Should you avoid the V6 in the Camry or insist that your Flex be EcoBoosted?

Read More >

Most of the smaller makers reported October sales yesterday as the nation went to go vote. The big ones decided to wait until today: The Detroit 3, Toyota, Honda, and Nissan. Read More >

The Vancouver Sun reports that pretty much, across the board and across the border, Canadian sales rose. GM’s sale rose 11 percent year on year, Ford’s sales rose 8 percent and is now within a whisker of taking the number one slot from General Motors. Honda’s sales grew 14 percent. As did Nissan’s at 4.5 percent. And Hyundai-Kia who reports rises of 8.6 percent and 17 percent, respectively. Even the smaller players had reasons to celebrate. VW went up 21.5 percent. Mitsubishi has a stonkingly good month with sales rising, YOY, by 27.2 percent. Even Volvo’s sales grew 13.9 percent. Yep. Life is good, north of the border. Except for one. Read More >

A lawsuit against Mazda is moving to the United States Supreme Court, reports Bloomberg, challenging whether automakers should have been required to install shoulder belts in all of its seats prior to current regulations requiring the improved belting systems took effect in 2007. The case centers on a 2002 accident in which Than Williams was killed when a Jeep Wrangler hit her family’s 1993 Mazda MPV. The Williams MPV had only lap belts because shoulder belts weren’t required by federal law until 2007. A California court has already barred the lawsuit from coming forward, arguing that federal regulations supersede any local rulings, and that then-legal seatbelts should protect manufacturers from personal injury liability. However a recent case casts some doubt on the precedents in the Mazda case…

Read More >