By on March 15, 2010

“I rented a Toyota for the week. I noticed when travelling in the left lane that everyone moved over to the right to let me pass. Not a single foo slowed me down. With its current reputation, the Toyota hardly needs brakes.”

Comment entered by “charenton” on Mar 14, 2010 in response to Reuters story headlined “Investigation questions Prius driver’s story: report”

By on March 14, 2010

A few days ago, James Sikes and his runaway Prius was all over news. Until we mentioned that something is fishy. Sikes’ driving skills were put in question. Stories about a wife swapping website emerged. Stories about bankruptcy. Stories about an unpaid lease on the Prius. And sundry other stories. Quickly, Sikes turned into Balloon Boy 2.0

Michael Fumento, director of the Independent Journalism Project, went on Neil Cavuto’s show on Fox Business and said: “It appears that everybody on planet earth suspected that there was something horribly wrong with this picture – except for the national media. The real hoax wasn’t James Sikes, it was in fact our press.” (Read More…)

By on March 13, 2010

Just when you thought hydrogen was dead, Honda comes up with a system that allows you to make homemade hydrogen, using nothing but free sunshine. In the grand tradition of hydrogen cars, the sunny technology is just not quite there yet. (Read More…)

By on March 13, 2010

Over the daily Toyota runaway stories, it’s easy to forget the plight of GM and its children abroad. If you think that’s the idea, then you are a miserable conspiracy theorist, and you should stand in the corner. With that in mind, let’s check in with GM and its worldwide siblings to see how they are doing. (Read More…)

By on March 12, 2010

Two days ago, Ed Niedermeyer received a tip from an anonymous tipster that James Sikes, the guy who couldn’t stop his runaway Prius until a cop pulled up next to him and told him to, is, well, a bit exposed.

The tipster pointed out that a James Sikes had also started a business called Adultswinglife, LLC. A look at the phone numbers showed that Adult Swing Life LLC (619) 957-7355 shared the same phone number as the real estate business of Patty & Jim Sikes (619)-957-7355. We left it at that. Times are rough, and one needs to find extra streams of income.

A few hours later, an anonymous poster that went by the name “CincyJazzy” posted on the CBS news website that Sikes “is caught in 2 attempts to defraud his insurance company out of $60K, Just lost his house, and was fired for ‘unethical behavior’, in the middle of bankruptcy, and now this.” No reaction from CBS.

Then, nothing. Until ... (Read More…)

By on March 12, 2010

All kinds of strange news are coming from GM’s Korean foster child Daewoo. Two days ago, Daewoo CEO Mike Arcamone announced: “In 2010, GM Daewoo will be profitable. That is my target.” That didn’t get much traction. Reporters wanted to know how bad last year’s numbers were. Arcamone remained tight-lipped. He admitted red ink for 2009, how much remains anybody’s guess. In 2008, it was $773m worth of red. Last October Daewoo-is-me had to be bailed out by the bailed-out GM to the tune of $413m. Arcamone has some soothing news: “We currently do not seek any other financial support from our creditors.” The operative word is “currently.” There is one way to stop the hemorrhage for good: Pack it in. (Read More…)

By on March 12, 2010

Volkswagen and its freshly hitched 20 percent bride Suzuki will have a sit-down next week to “flesh out their joint projects by welding together a number of ideas,” reports The Nikkei [sub] from an earnings briefing in Wolfsburg.

The Nikkei guesses that Volkswagen will provide hybrid and electric-vehicle technologies to Suzuki. In turn they are interested in know-how on manufacturing subcompacts at low cost. As far as distribution goes, the two will most likely compare notes on China, where VW is strong, and on India, where Suzuki rules the roost. (Read More…)

By on March 12, 2010

Japan’s Automobile Manufacturers Association said “hai, wakatta” (yes, we understand) to their government, and promised to “actively support the creation of an international mutual-recognition framework for passenger cars,” reports The Nikkei [sub].

Turns out, the Japanese government is behind the idea to agree on an International Whole Car Type Approval. The idea had been floated in Geneva, and received widespread agreement. No wonder: The Europeans are intimately familiar with the concept, due to their European Community Whole Vehicle Type Approval (ECWVTA). And the Americans aren’t part of the party. They are doing their own FMVSS thing. (Read More…)

By on March 11, 2010

Remember when Akio Toyoda, coming back from the U.S.A. went to Beijing in a hurry? China is an important growth market for Toyota. Toyota had been doing well in China, last year they sold 709,000 units, about the same as GM China if you don’t count the Wuling vans. Suddenly, Toyota is falling from grace in the Middle Kingdom. For the first time in years, Toyota dropped off the top 10 list of the best-selling cars in the Chinese market last month, reports Gasgoo, citing data released by China Passenger Car Association. (Read More…)

By on March 11, 2010

“I couldn’t stop the car.” Killer Prius driver Hippsley. Picture courtesy thesun.co.uk

On September 19, 2008, William Hippsley, 74, was behind the wheel in the parking lot of a shopping center in Brigg, South Humberside, UK. Outside, his wife Brenda, 69, helped him park his car. Suddenly, Hippsley’s car shot forward, dragged his wife 130ft across the parking lot – and killed her.

The car was a Toyota Prius. (Read More…)

By on March 10, 2010

Further in the Toyota caper, there are new reports of sudden acceleration – in Toyota sales.

Toyota buyers seem to have a big case of the bashing fatigue. And they are coming back in droves. Toyota said (via The Nikkei [sub]) that “its new cars sales in North America jumped around 50 percent from a year earlier in the first week of March due to recently introduced sales incentives.” (Read More…)

By on March 10, 2010

Subminiature, or „kei“ cars ( from kei-jidosha – subcompact cars) have been a Japanese phenomenon. At one time, their combined share was 1/3 of Japan’s market. Unlike anime and Pokemon, the 660 cc vehicles never much made it beyond Japan’s shores. And recently, the sales of the pocket monsters on wheels had been flagging. Last February, the little critters had recorded their first rise rise after 15 months of going down – by a hair of 0.7 percent.

According to today’s Nikkei [sub], “improvements in hybrid and electric technology are dulling the fuel-efficiency edge that minivehicles have long had over larger cars. To maintain their advantage, makers of minis are putting their autos on diets, shaving weight wherever they can to eke out better gas mileage.” (Read More…)

By on March 10, 2010

Chinese bought 46 percent more cars this February than in February 2009. This according to official data by the China Association of Auto Manufactures (CAAM), as reported by China’s state news agency Xinhua.

The avid TTAC reader is not surprised. A week ago, we predicted numbers along these lines, simply by looking at GM China’s February sales report. Amongst observers of the Chinese market, GM sales (all of them, including Wuling) have turned into a reliable leading indicator. A dubious honor: GM China usually is only a few percent ahead of the market, which doesn’t translate into a rapid gain of market share. This month is not much different: GM China’s February sales rose 51 percent from a year earlier, only 5 percent ahead of the market.

Aficionados of the Chinese bubble theory are now on their feet, shouting “I told you so!” Sales in January had shot up by 115.5 percent. In February, the growth was less than half.  Obviously, the bubble must be bursting. No so fast. (Read More…)

By on March 9, 2010

Financial Times calls “Volkswagen a long-time sceptic about hybrid and electric cars.” However, the pink sheet announces that Wolfsburg “has officially shifted gears.” That VW had been a sceptic is an understatement. Despite green initiatives for public and political consumption, internally, they laughed about hybrids and electrics. Their private position was that the consumption and emissions of a hybrid could be achieved with their low displacement supercharged engines and some weight savings. Pure plugins? Ach du mein Lieber. People have their next vacation in mind when they buy a car, and last VW looked, there were no charging stations on the Brenner Pass to Italy.

The official gear shifting occurred at last week’s Geneva motor show, where Volkswagen announced an “unprecedented” drive into electric vehicles. (Read More…)

By on March 9, 2010

By the end of the year, Nissan will, a bit belatedly, introduce their total plug-in, not range extended, all electric Leaf. They will also open a huge data center.

According to The Nikkei [sub], the location and other stats of the data center are strictly confidential. “But sources close to the company say the facility is equipped with quake protection and information-leak prevention systems so powerful it could even handle state secrets.”  What do they need it for? (Read More…)

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