Demonstrations in Bangkok have been put down with a brutality not expected from the Land of Smiles. The stock exchange is on fire. Thailand instated a news and power blackout, making the number of killed and wounded hard to assess. Japanese car makers have long been invested in Thailand. Now, they are worried about long-term implications. (Read More…)
It was just this guy that thought that this was how you got something to Toyota’s research and develop office
Sgt. K.S. Dickson of the Winfield (West Virginia) State Police detachment had wvgazette.com by way of explaining the recent bomb scares at four of Toyota’s US facilities. Apparently the suspicious packages were sent by a Nigerian inventor trying to sell his turn signal design to Toyota. After one package was “disrupted” by a police bomb squad, it was discovered that
There were no explosives in the box, just relay switches, wiring and film canisters, in addition to a letter from the Nigerian man claiming to be an engineer
Workers in an Indiana post office were forced to evacuate their workplace yesterday, when the fourth “hoax bomb” targeting Toyota’s US facilities in the last week was discovered there. The AP [via Google] reports that the latest package was addressed to Toyota Motor Manufacturing Indiana in Princeton, IN and according to Toyota spokesfolks, it is
similar to other suspicious packages mailed to our corporate office in Erlanger, Kentucky, on Friday and our West Virginia and Texas plants on Monday. All of these packages were found to be non-threatening
All four packages bore handwritten originating addresses in Nigeria, and contained devices described in the latest instance as a cardboard tube containing electronic components. Auto industry PR guys, you have a new worst-case scenario…
Congressional lawmakers are mad at Toyota. What has Toyota done now? Their sin this time: They may have harbored a secret “attack plan against congressional testimony.” This, says the Washington Post, has “drawn the ire of the House Energy and Commerce Committee.” (Read More…)
While bullets fly in Bangkok, Toyota announced today that production at a Toyota plant near Bangkok will cease by the end of May. Toyota says the plant closure has nothing to do with the public unrest, it should be seen on the context of the reorganization of Toyota’s global operations, says The Nikkei [sub]. (Read More…)
Toyota has published its financials for the 2009 fiscal year that ended on March 31. The matter had been a center of speculations for months. First, a loss was predicted. Then, there were speculations that Toyota would report a slight gain, of $500m. Last weekend, Japan’s Yomiuri newspaper said the gain could be as large as $1.1b . They were all wrong. The official numbers are in. And the numbers are … (Read More…)
Talk about timing: While Trans Sec LaHood was in Japan yesterday, ostensibly to look a trainsets, while he toured Toyota instead and uttered dark “time will tell” threats, while he said that his people are still working on the evidence for a second $16.4m federal fine, back in Washington, the timer was set for yet another ticking 16.4 mega-tonne bomb. (Read More…)
With rumors coming in that Toyota is repositioning its planned FT-86 “Toyobaru” sports coupe to reflect higher price and higher buyer age targets, word around the enthusiast fring of the autoblogosphere has been downright apocalyptic. After all, the promised combination of a $20k base price, manual transmission and rear-wheel-drive were what launched the FT-86 to internet notoriety. But development overruns are a fact of life, and Toyota says it has no choice but to bump the FT-86’s projected price point to $23k base, $26k loaded-level. So while the FT-86 faces the bloat that comes with a more upmarket target, another sports coupe aimed at undercutting the FT-86’s prices by about $5k is already under development according to Road & Track.
U.S. Transport Secretary Ray LaHood is in Japan today. He’s looking at trainsets. Japan is bidding on the U.S.A.’s (long in the) future high speed rail network. So is everybody else in the world, including the Chinese. Good luck to both of them. While in Japan, LaHood personally inspected Toyota’s safety facilities in Toyota City to see whether they are up to snuff. You think Mr. “Feet to the Fire” LaHood gave Toyota a clean bill of health? Think again. (Read More…)
“Studies show that stating “studies show” will increase your chances of winning an argument.” That’s just one of 63 bumper stickers adorning a 2005 Prius, on scifi, the cosmos, numbers, philosophy, and political sentiments that cleverly question the status quo.
The owner is Amy Sutherland, a middle school history teacher who now home schools her youngest. The Prius, the family’s only car notwithstanding, the Sutherlands prefer to walk and take transit when possible, which in Cambridge, Massachusetts is most of the time, and on those odd occasions when two cars are needed, Hubby drives a Zipcar. Truth be told, Amy Sutherland doesn’t particularly like cars, not even the Prius. It’s a necessity, and one she’s not the least interested in fetishizing, unlike those nuts in Hollywood (and unlike a certain ICE-smoking automotive scribe).
The sun had long set over Tokyo on a Friday night, and the hardworking executives had ordered their last round in the Ginza hostess bars, when The Nikkei [sub] put on the ticker that Consumer Reports magazine has lifted their “do not buy” fatwa against Toyota’s 2010 Lexus GX460.
Last month, the magazine issued their damning assessment after the SUV scared the dickens out of the testers: (Read More…)
There is a major shift underway in the Chinese auto market. Cars are morphing from something exclusively owned by the rich to an everyday item. Sure, luxury cars are big in China. But the volume growth is in low cost cars. As a result, the market share of sino-foreign joint ventures is eroding. Local players, such as BYD are gaining fast. The foreigners are getting worried. (Read More…)
Lithium-ion batteries aren’t the only automotive cleantech that appears to be getting cheaper. Toyota’s head of advanced autos, Yoshihiko Masuda, tells Bloomberg that the Japanese automaker has cut the cost of hydrogen fuel cell vehicles (FCVs) by 90 percent in the last five years or so. Mid-decade, Toyota’s per-car estimates for FCVs ran near a million dollars per car. With costs now closer to the $100k mark, Toyota says it plans to cut that number in half by 2015. If they can make that happen, Masuda says, a $50k hydrogen FCV will be on like Donkey Kong.
Imagine you’re an automaker which enjoys an unprecedented drivetrain technology advantage over all other manufacturers. Imagine you build a brand around that drivetrain that becomes a cultural touchstone, a symbol of your firm’s technical prowess and commitment to the environment. What do you do next? The obvious answer is to build a luxury version to help make the extra profits needed to pay for the drivetrain’s development, right? Well, Toyota did just that, piggybacking the Lexus HS250h on its strong Lexus brand and Prius technology. The only problem? It’s not working.
(Read More…)
There’s a first time for everything. In this case, being admonished by my wife for “only doing 30.” To which I readily replied, “Babe, we’re still accelerating!” Welcome to the 2010 Prius, loved by owners, hated by many non-owners. I asked Toyota to lend me one for a week so that I might get past the hype and anti-hype.
Recent Comments