According to The Truth About Cars’ stock exchange bureau chief, Ferrari is good and Tesla is bad today.*

Tesla shares have dropped 10 percent on news today that Consumer Reports would pull its “Recommended” rating from the Model S because of concerns about the car’s reliability. That’s bad.

Also, initial shares of supercar-maker Ferrari may be going for more than expected due to the stock’s appeal on office walls and potential value people may find in owning another Ferrari-branded item beyond overpriced shirts.  Read More >

Nearly 30 percent of buyers who purchase a Honda CR-V, Toyota RAV4 or Prius car will keep that car for more than 10 years, according to data from iSeeCars.com.

Data from 400,000 car purchases was analyzed for the poll, according to the study group. The industry average for owners keeping their cars 10 years or longer was 13.5 percent.

Of those top 15 vehicles whose buyers keep them longer than a decade, nine of them were Toyotas; 5 were made by Honda. The Honda CR-V was tops at 28.6 percent of buyers who kept that car for 10 years or more.

Read More >

Toyota officials insisted Wednesday that its hydrogen-powered cars, such as the Mirai, will comprise up to 30,000 sales by 2020, and will help the automaker eventually reduce emissions from cars it produces by 90 percent by 2050.

The Associated Press (via Detroit News) reported that the automaker said it would work with investors and governments to deliver on its promise of producing only a small number of gasoline-powered cars for small countries in 35 years.

“You may think 35 years is a long time. But for an automaker to envision all combustion engines as gone is pretty extraordinary,” Senior Managing Officer Kiyotaka Ise said, according to the AP.

Read More >

Toyota on Thursday released a preview of what to expect on its stand at the Tokyo Motor Show later this month and it’s all sorts of steampunk and futuristic weirdness, but more on that in a moment.

While the Scion FR-S isn’t flying off dealer lots here in North America, the Japanese seem to like their compact sports coupes. The S-FR, according to Toyota is ” a lightweight, sporty concept offering a fun, responsive driving experience” and slots below the Toyobaru twins and go head-to-head with the Honda S660 kei sports that America won’t get because of course we won’t.

Read More >

(Probably because it’s the most popular truck.)

Automotive News reported that Toyota is cooperating with U.S. authorities in uncovering why members of the terrorist group ISIS seem to be so fond of Toyota Hiluxes and Land Cruisers, which consistently rank among the top 5 best-selling vehicles for many Middle Eastern countries, prompted by an investigation* by ABC News.

The automaker said the company forbids directly selling cars to paramilitary or terrorist organizations because of course it does. The company said it would be impossible to control indirect or illegal sales to terrorist organizations because of course it is.

ABC News hasn’t reached out to Ford to see how it controls sales of F-150 trucks to American drug cartels. Read More >

Scion, Toyota’s “youth” brand, released the above teaser image Tuesday morning along with a brief press release stating their third all-new vehicle will be displayed at the Los Angeles Auto Show this November.

Is this the Toyota CH-R in Scion drag? It very much looks to be.

Read More >

Like a bad reality show, the figurative clock is ticking for the Toyota/BMW courtship that may or may not be spawning a sports car.

Reuters reported (via Automotive News Europe) that Toyota spokesman said the companies would make a decision on whether to pursue the joint project further.

“By the end of the year we will approve whether or not we will make it,” a Toyota spokesman told Reuters. “The whole study before that, on what kind of platform, on what kind of architecture, that’s been progressing quite well. We haven’t yet decided to give the green light to the project, but it’s coming up.”

Read More >

Toyota’s compact crossover C-HR will be making another auto show appearance before its production version is unveiled next year at the Geneva Auto Show, and its quite possible that the model could make or break Scion’s future in the U.S.

Toyota hasn’t released many details about the C-HR, other than to say that it’ll be built on the same, global TGNA structure that the next-generation Prius is built on and would have a similar hybrid powertrain.

The small crossover would fit entirely within Scion’s wheelhouse of younger buyers who apparently can’t get enough of crossovers, and would help make relevant a brand that is, um, struggling with sales. Read More >

On Tuesday night, Toyota dropped the new Prius from the sky in Las Vegas in front of journalists (we guess our invite got lost in the mail, Toyota?), “social influencers” and bartenders, because most of them had already seen the leaked photos that you have too. 

The 2016 Prius is a little Mirai, a little Corolla and a whole lot of vague right now. Toyota didn’t detail any of the car’s official specs or price, but according to CarNewsChina the 1.8-liter four-cylinder engine and electrons in the back combine for 150 horsepower and will propel the car up to 60 mpg. According to the report, the Prius will also travel up to 34 miles on electricity alone.

Even though the car won’t go on sale until early next year, Toyota is ramping up production at its plant with “unprecedented” levels of overtime.

Read More >

Forgive me for getting all emotional here.

The 2015 Toyota Tacoma represents to me the end of the road for the truck I knew so well, complete with a growl more familiar to me than my own father’s voice. Like many mountain-state millennials, the Tacoma seemed for me to be just the right size for a party in the mountains, a last-minute move (or eviction, perhaps), a camping trip or hauling an over-welded pig smoker and cherry picker to a friend’s backyard.

I expected the 2015 Toyota Tacoma TRD Pro to be a greatest hits album, replaying the most successful tunes from my young adulthood through its chunky tires and searing orange paint package.

It turned out to be more of a remix.

When I had the chance to drive the all-new 2016 Toyota Tacoma and the 2015 Toyota Tacoma TRD Pro back-to-back, I presumed that I’d get misty-eyed and nostalgic for one; geezerly and cynical for another.

In a way, I am. The TRD Pro feels like a rough-and-tumble truck, the kind of burnt orange brick to throttle through your neighbor’s window if they call the cops too many times for loud music. The 2016 Tacoma has a 3.5-liter engine like a Camry for chrissakes.

I just didn’t count on the fact that I grew up. Read More >

The next-generation Toyota Prius, set to be revealed on September 8 in Las Vegas, has been caught without camouflage as it sits in what looks to be an aircraft hold.

The undisputed hybrid sales leader picks up numerous design cues from the Toyota Mirai hydrogen fuel cell vehicle, including its swept-back headlights and triangular fog light pods.

Read More >

Owners of some Toyota cars in Canada say that the Japanese automaker is asking them to foot the bill for replacement odometers due to a glitch that won’t allow the gauges to roll over after 299,999 kilometers, CTV is reporting (via AutoFocus).

The glitchy odometers are found in 2003-2008 Toyota Matrix and Corolla models, and some 2004 and 2005 Toyota Prius models.

There are a few videos on YouTube of people expecting to hit 300,000, but they never do.

Read More >

At an upcoming dealer meeting in Las Vegas next month, Toyota will ask its dealers to stop advertising cars below invoice in an attempt to help keep residual values higher and keep dealers from competing in a “race to the bottom,” Automotive News is reporting.

If accepted, Toyota would join Honda in penalizing dealers who advertise cars below invoice. According to the report, after three reported violations in one year, Honda could withhold marketing money from a dealer — which could be $400 per vehicle. It’s unclear how Toyota may penalize its dealers who don’t comply with the proposed new rule.

Read More >

Not since January of last year had the Honda Odyssey finished a month as America’s top-selling minivan. Indeed, not since October of last year had the Toyota Sienna not been America’s best-selling minivan.

But in July 2015, Odyssey sales jumped 18 percent, year-over-year, enough to overtake the Sienna on a monthly basis. Read More >

Toyota’s next-generation Prius, which will be the first use of the automaker’s new global platform, will be shown to media in Las Vegas next month, Bloomberg is reporting (via Autoblog).

The report doesn’t specify when the automaker would build the next-gen Prius, or why it chose southern Nevada in the summertime for its reveal (Tesla speculation starts now).

Sales of the Prius have declined since 2007 and 2008 when average gas prices in the U.S. hovered around $4 per gallon. Toyota hasn’t fully updated the Prius since 2009, with a mild refresh gracing the hybrid in 2011.

Read More >