… Mini lovers BMW said around 25,000 Mini enthusiasts from more than 40 countries gathered at the F1 track in Silverstone, England, to celebrate the car’s 50th anniversary. Over 10,000 Minis showed up, some from as far away as Russia, and South Africa.
… Toyota Despite relatively cheap gas prices and a lousy economy, it looks like the new 2010 Prius is a hit. In Japan at least.
Toyota says it has received 80,000 orders for the third-generation Prius, which rolled out earlier this month in its home market and will go on sale in Canada next month.
Speculation has orders had jumped to 110,000, and Toyota is raising Prius production from its initial plan for 42,000 to 43,000 vehicles a month to 50,000.
Consider it a bright spot for a company that is posting GM-like losses.
… Ragtop muscle cars OK. It’s will be a year late. But GM confirmed that the Camaro convertible will indeed be built, starting in spring 2011.
At least that will give plenty of time for its targeted demographic—aging boomers—to get their hair transplants in place for some serious top down motoring…
… Canadian tax payers $1.4 million. That’s how much you and I could fork out to save each of the remaining Canadian jobs at just-about-bankrupt Government Motors. The only consolation is that the “about $10 billion” in tax money will get us a 10 per cent share of the "new" GM.
How excited are you about owning a car company?
… Credibility He’s baaack!
Serial entrepreneur Malcolm Bricklin wants to buy up to 300,000 new vehicles a year from GM and Chrysler, upgrade the interiors “from standard to luxury,” and install “hydrogen hybrid” engine technology he says could double fuel mileage.
“I really believe this is why I was put on this Earth,” he said. “All those mistakes, and all those lessons, and all those experiences have led me to know exactly how to take advantage of this technology.”
The fact there is absolutely no where to fill hydrogen vehicles I’m sure won’t stop some suckers investors to sign over their life savings to Malcolm. Again.
… Auto parts makers Uh oh. As hard as Ford has tried to avoid the bailout shrapnel that GM and Chrysler have taken, its biggest parts supplier, Visteon, filed for bankruptcy in the U.S. this week, blaming a 40 per cent nose dive in Ford’s April sales.
Can Ford afford to support Visteon to keep the parts flowing? Will Ford cave in and finally dive into the bailout trough?
[Sources: The Star, Boston Herald, Automotive News, BMW, Associated Press, Detroit Free Press]