Toyota’s first mass production fuel cell vehicle was unveiled today in Tokyo, prices from just under $70,000.
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The Toyota 86/Subaru BRZ may only exist for one generation, as comments by the car’s chief engineer suggest a dissolution of the partnership between Toyota and Subaru.
Honda, Nissan and Mazda are recalling a total of 3 million vehicles equipped with defective airbag inflators supplied by Takata, following a similar action by Toyota.
OEM captive financing arms are increasing their share of new car loans, with banks resorting to underwriting riskier loans in the used car market and to less credit-worthy buyers.
While we’re fortunate to be treated to a weekly look at American auto auctions courtesy of TTAC’s Steve Lang and his Hammer Time series, today we’re getting a glimpse of an auction on the other side of the world.
Toyota is wasting no time in moving forward toward a hydrogen future, announcing it will build its FCV Concept-based fuel-cell sedan this December, with sales coming just in time for the big-red-bow-tie Christmas 2014 sales extravaganza.
For decades, the formula for a successful pickup design in America has been pretty much the same. Design a simple ladder-frame chassis, drop in the biggest engine you can find, give it a front-engine rear-drive layout with an optional transfer case, and start raking in the money. From time to time, however, manufacturers have tried to swim against the current.
With Toyota still in its sights, Volkswagen plans to triple the number of SUVs in its lineup in its fight for the top sales podium among the Global Three.
Reuters reports the original fatality figure of 13 allegedly linked to the out-of-spec ignition switch that spurred a recall of 2.6 million General Motors vehicles this February may now actually be as high as 74.
It’s the end of an automotive era, as the Scion xB (as well as the milquetoast xD) are set to die by the year’s end. In exchange, we’re getting a couple of new, world market Toyotas to shore up Scion’s lineup.
Earl writes:
Hi Sajeev,
My wife wants me to sell our pristine, time-capsule 90 Cressida for a 4Runner (or similar) because we live in winter-world. I am looking at used 4Runners and the prices are crazy. Typically a rusted 1996-98 with 350-390,000KM will be asking $5,000 – $6,000CDN. I have seen Lexus LS with half the mileage, far better condition and all services done for that price.
What gives? Are 4Runners that good? (Read More…)
It has become a Corolla Junkyard Find week, with this ’78 Corolla wagon on Monday and this skateboarder-enhanced ’98 Corolla LE sedan yesterday, so I’m going to keep the streak going with today’s find: a Late Malaise Era (yes, I invented the term) E-72 Corolla liftback, which I found late last year in Northern California. (Read More…)
Capitalism has no loyalties.
Everybody is replaceable.
Products. Employees. Employers. Services. Alliances. Joint Ventures. Financiers. Even the executives of multinational firms along with their board of directors are only as good as whatever quarterly numbers can be cooked up by their ‘independent’ auditing firm.
Capitalism is the ultimate “Let’s go!”, “Do it!” and “Screw you!” of economic systems. You name the angle or need in capitalism, and chances are that there is a market substitute that can immediately fill the gap. Even government regulations can be routinely challenged by trade organizations, international courts, and the all too common political handshake.
All this reality happens… on paper.
After yesterday’s Corolla Junkyard Find, it seemed right to follow up with another, newer, Corolla. You know how you can tell when you’re a car’s final owner? Such was the case with the final owner of this much-abused Corolla, who drove his or her Corolla a couple thousand miles west, no doubt to be where cannabis is legal. (Read More…)
The third-gen Corolla was the car that made Toyota in the Unites States; you saw the occasional Corona or Celica and maybe a rare Crown once in a while before the mid-70s, but the 1974-79 Corolla was the first Toyota that sold in sufficient quantity to make the marque an everyday sight on American streets. These cars rusted fast east of the Rockies and— once they got to be 15 or so years old— weren’t worth fixing when they got ugly in the non-rusty parts of the country. That makes them fairly rare in junkyards today; in this series so far, we’ve seen this ’76 Corolla liftback and this ’74 Corolla two-door, and that’s about it prior to today’s find. (Read More…)
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