Toyota Motor Co., the world’s largest automaker, has been producing cars for more than 70 years. It wasn’t until after World War II, however, that production started to pick up. Toyota went from making 8,500 cars a year in 1955 to 600,000 in 1965. Models like the Toyopet and Land Cruiser hit the United States in 1957. Today Toyota is among the leaders when it comes to hybrid technology.
Post-clunker mortem, CNNMoney says 700,000 clunker-traders “probably got a good deal.” The rest, not so much. “If you bought a car without a clunker in the last month, you’ve overpaid.” Ya think? “During the weeks the Clunkers program was in effect, buyers of the Toyota Corolla paid 29% closer to the full sticker price than before the program started, according to data from Edmunds.com. Prices were also higher on other popular models. Ford Escape prices were 13% closer to full sticker, and Ford Focus prices were 12% closer . . . on a dollar-for-dollar basis, car buyers were getting less car for their money after negotiating the deal.” And now?
Toyota’s board has voted to end production at its NUMMI plant starting in March 2010, reports the AP [via sfgate]. The factory in Fremont, California, was a joint venture between Toyota and GM, but its future was first cast into doubt when GM announced it was withdrawing after discontinuing the Pontiac Vibe built there. The state of California discussed incentives to keep Toyota (and its 4,600 jobs) at the plant, but Toyota’s 1 million unit global capacity reduction was the higher priority. It’s possible that state incentives could lure other OEMs to the factory, but local incentive-grubber Tesla has already declined pursuit of NUMMI on the grounds that it was more factory than the start-up could handle.
In a very short time, Hyundai has made an amazing transformation from basket case to the automotive equivalent of a “nice girl” – dependable, easy to live with, and undemanding. But can Hyundai get its nice girls to do tequila shots and dance on tables from time to time? The conventional wisdom was that the much-heralded Genesis sedan and coupe would be the Hyundais that bucked the trend, but they were variations on the same old Hyundai theme. As it turns out, the rebel Hyundai is an unlikely one – the Elantra Touring, a five door hatchback version of the Elantra sedan. Unlike the sedan, which has all the excitement of C-SPAN, the European-developed Touring has the same eager, quick-to-corner, drive-me-until-I-cry-uncle feel that you normally find in a Mazda 3, with the interior space of a midsize sedan and hatchback practicality tossed in as part of the deal.
Review: 2010 Hyundai Elantra Touring Car Review Rating
Back in loony desperation of pre-bailout Cerberus-era Chrysler, plans were floated for Chrysler to build a Ram-based Nissan Titan in exchange for a ChryCo-branded version of the Nissan Versa (and possibly the Altima). Now that Fiat is running things in Auburn Hills though, Chrysler has access to modern compact and mid-sized platforms. And Fiat doesn’t want Chrysler paying Nissan to help it compete in South America, one of Fiat’s most important markets. According to Automotive News [sub], the break “leaves Nissan with a bigger problem than any facing Chrysler.” Namely, the Titan question. Wait, seriously? Nissan recently killed off the Quest and Infiniti QX56 to make more room in its Canton plant for diesel-powered light commercial vehicle production. If/when the economy does start coming back, that market could be a better place to be than the crowded, cutthroat full-size pickup market. Alternatively, Toyota is drowning in Tundra capacity. If Nissan wants to be in the pickup market so badly that it’s willing to beg for a rebadge, that seems like the place to start. Release after the jump.
The Freep reports that final cash for clunker numbers show the program coming in under its $3bn budget. $2.877bn was spent on 690,114 deals, according to government data. The bad news? C4C did a mediocre job stimulating the domestic firms; according to the Detroit News. GM, Ford and Chrysler captured just 38.6 percent of all clunker sales, down considerably from their joint 45 percent market share in July. Toyota captured 19.4 percent, GM snagged 17.6 percent, while Ford only ended up with only 14.4 percent—just ahead of Honda which had 13 percent. Check out the NHTSA’s PDF postmortem press release on the program here. Though the Detroit Three didn’t do so well in the “cash” portion of cash for clunkers, it swept the clunker list. Ford alone had five of the top ten clunker trade-ins, with GM and Chrysler rounding out the list. Hit the jump for top ten buys and trade-ins by model.
Despite indications that Chrysler was moving towards a contract manufacturing business model, Automotive News [sub] reports that ChryCo’s Italian masters are considering not building Nissan’s next-generation Titan pickup on the Dodge Ram platform. And this surprising news has Nissan scrambling to look for other options. “My team is spending a lot of time looking at different scenarios of what we can do,” says the father of the Titan, Nissan VP for Product Planning Larry Dominique. One of the options is a mild in-house refresh and continued production. Another is approaching other automakers for a quick fix. Analysts tell AN that Ford, GM and Toyota are unlikely to help out, although Toyota’s excess Tundra capacity indicates that it might be a leading candidate for a Nissan rebadge. The only problem? “I doubt sharing a full-sized pickup with Nissan is in their corporate DNA,” says Michael Robinet of CSM Worldwide. “Nissan is in a precarious position, as their options are few.” Should Nissan abandon full-size pickups, or is there an option that actually makes sense?
While at Concorso Italiano Friday, August 14th, a couple of eBay account reps were walking around asking opinions of their motor auction service. eBay was a sponsor of the event so it made sense to be doing market research. They’re walking my way . . . a little closer . . . I scootch conveniently into their path . . . . Hi, how are you? We are from eBay Motors and are asking people about our auction service. Do you use it to sell cars and parts? Where do I begin? It has lost all its luster for selling cars for me and I’ve really tried a range of different scenarios from reserve to no reserve, to Buy it Now, to having the vehicle inspected, etc. These are the reasons I’m not using it anymore. Read More >
For those of us who are pistonheads and think that the 21st century is going to be a clone of the 20th, this ought to be a wake-up call (along with the bankruptcy of General Motors and Chrysler, as well as the current inability of Toyota to make money in North America). Hyundai Group (which includes 50 percent owned Kia) is now the fourth largest automaker in the land. As in, all of the land/world. It just passed Ford Motor Company this month. With the upcoming major offensive by Hyundai and the ongoing downward spiral of General Messup, the only question remains: how long before Hyundai becomes number three in the world?
Mick Jagger once sang that “you can’t always get what you want,” and, to a degree, he was right. As a petrol head and committed environmentalist, I’ve found I’ve had to make compromises. After going crazy in my friend’s Porsche Boxster, I develop a painful pang of guilt of all the resources I wasted in the name of fun. No, really. Likewise, after driving greenly in my Toyota Yaris on a long drive (achieving 50 mpg for anyone who’s interested), I feel like I’ve watched a Russell Brand stand up show (i.e., I feel like my soul is damaged due to the absence of fun). But now it seems like Mr. Jagger’s words are out of date. Apparently, you CAN get what you want . . . .
TTAC commentator Holydonut shares some of his time with us:
I don’t know if you’ve tried out the Google Trends tool to see search and news activity on google.com for some auto-related searches. First: I just put in GM, Chevrolet, Chrysler, Toyota, and Nissan to see their trends [click here]. And another fun one . . . I compared searches of “gas prices” and “mpg” to some automaker names [click here]. I filtered the lists to show only USA region searches. Searching for “Ford” is misleading since the name is so common that you get several non-auto “Ford” topics all mashed together. If you go global, then Toyota and Honda become regular names of people, so it over-states the results as well. But for the selfish USA-only view, it seems mostly valid. Unfortunately this also means comparing a search for HUMMER versus Prius is invalid. The rankings themselves against each other aren’t very relevant, but the fun stuff lies in the change of the changes in the trend due to known events. Some interesting takeaways:
Anonymous sources tell the Wall Street Journalthat former Toyota executive and current Chrysler Deputy CEO Jim Press will leave the Pentastar by the end of November. Press, who currently serves as a special adviser to Sergio Marchionne tells the WSJ ,”I don’t think anything has been released about management changes,” echoing Chrysler’s official “no comment.”
General Motors has announced that it will lend dealers cash to cover their government clunker rebates for 30 days while the NHTSA figures out how to wind down the program. “We want to do all we can to provide customers with timely new vehicle deliveries and dealers the liquidity they need to run their businesses,” says Mark LaNeve in a company press release. “This will continue the sales momentum of our new fuel-efficient vehicles such as the Chevrolet Cobalt, Equinox and Buick Enclave.” Or, it could mean dealers will end up owing GM instead of the government owing them.
We are proud to be the inaugural City to unveil the first of seven Floralscapes along one of our busiest highways. The commute for Angelenos will now be brightened by floral murals that embody the City’s progressive approach to solving environmental issues by merging beautification, sustainable design and reducing our carbon footprint. From the construction workers to the business team, this public-private partnership with Toyota and Greenroad Media has spurred local job creation across the board.
Los Angeles Mayor Antonio R. Villaraigosa in a press release (via PRNewswire) about Toyota’s L.A. “Harmony Floralscape” Prius promotion.
When I was a small child, I would spend hours sitting in a cardboard box pretending it was a car. Now, I spend hours sitting in a car that pretends it’s a box. As a card carrying cubist, I’m always ready to jump in when a new carton appears. The last time I did that, it was about as traumatic as when my older brother tried to duct-tape me inside my favorite cardboard “ride”. I couldn’t get out of the gen2 Scion xB, and my review left no doubts about it. My progeny liked the Kia Soul, but it’s not a real genuine box. But a new package has arrived at the local Nissan dealer, named Cube, no less. So how does it square up?
I’d say we all could use some R&R after exhaustively documenting the Vega’s innumerable weaknesses and frailties. So how about we spend a little time communing with its polar opposite in almost every conceivable way possible (while still being a small wagon). I could have picked any of some thirty or forty Tercel wagons still hard at work on the streets of Eugene to shoot. But check out the impeccably-restored 140 year-old Carpenter Gothic house behind this one. The house and the Tercel are both owned by my nearby neighbor David Gusset, a renowned maker and repairer of fine violins, including my 1833 Valenzano. If anyone can appreciate a well made instrument built for the long haul, it would be him. Read More >
4/5 Stars 
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