Management bonuses will be slashed 10 percent at Toyota as a result of the global economic slowdown. About 5,000 managers will take cuts as the Japanese automaker reels from falling global sales that are hitting its local market hard. Toyota vehicle sales in Japan dropped 27 percent in November (excluding 660cc minivehicles) and Lexus sales dipped 24 percent -- mirroring the same sales issues that both brands are having in the United States. As a result, the Japanse Juggernaut will halt production for two days on one of the Tahara production lines manufacturing the Lexus LS, GS and IS models, which will prevent about 5,000 luxury cars from being built, and idle another factory in southern Japan for two days, as well. Toyota is also expected to announce lower sales and production estimates at its year-end press conference that happens at the end of this month. That news will follow the 1 trillion yen ($10.7 billion) yanked just last month from its annual operating profit forecast.
Click above for a high-res gallery of the 2010 Nissan GT-R Spec-V
Over the weekend, Nissan and Datsun devotees descended on the Fuji Speedway to enjoy the festivities at the 12th NISMO Festival in Japan. In the lead-up to the event, speculation swirled that the 2010 Nissan GT-R Spec-V would be revealed to the world, but instead, the Spec-V's modification list was leaked to GTR-World. The supposed specs leave us cold. Hit the jump to find out why.
Click above for a hi-res gallery of the Suzuki Alto Lapin
Sporting a name that could roughly mean "high pitched rabbit" is loveably quirky, and so it fits that the name is affixed to a kei car. Suzuki's 660cc microcar, styled in the same idiom that has shaped Nissan's Cube, though the 'Zuki calls to mind the original Mini more than other squared-off micros. The styling is about the only thing that Suzuki hasn't changed on the Alto Lapin, which has been on sale since 2002. There are upgrades to the platform, powertrain, and interior, making the Alto Lapin a virtually new vehicle. The interior rework brings a newfound sense of space, if that can truly be said about anything so tiny, and the stylish design is rendered in classy materials. A new CVT makes the most of the 53 naturally aspirated or 63 turbocharged horsepower while delivering nearly 58 mpg. The car, with its inherent cuteness, is aimed at women buyers (like many other keis, it's offered in pink), and there's a whole line of "Lapin Goods" to go along with the car. With a price between $11,000 and $15,000, there's some scratch left over for trinkum that will make you nearly as stylish as your Alto Lapin. Click here for a translated version of Suzuki's press release.
Honda is one of the few automakers that's demonstrated studied restraint during the recent SUV boom. There is the Pilot, which is a big ol' thing, but it's also as efficient as something that size can be, with unit-body construction, and an engine that shuts off three of its six cylinders whenever possible. The company also has a long history of making small cars that aren't penalty boxes, and amazingly clever engineering. It should be little surprise, then, that the man at the helm is an engineer by trade, deftly maneuvering the automaker into whatever endeavors hold promise, popular fashion be damned. Takeo Fukui worked on the company's CVCC engines early on in his tenure, and his respect for the vision of Soichiro Honda has netted him the title of Man Of The Year from Automobile magazine. The new focus on fuel efficiency (though today, oil is under $50/barrel for the first time in three years) has made Honda seem oddly prescient for its steadfast manner. Cheers!
Click above for high-res gallery of the US-market Cube. Click here for the JDM car.
Here it is. It's "tomorrow" in Japan, and Nissan has unleashed the motherlode of new Nissan Cube photos – including three showing the U.S.-Spec version that'll be rolled out at the LA Auto Show tomorrow. There's no accompanying press release at the moment, but the Japanese media is running their stories as we speak. JDM Cubes are equipped with a 107-hp/109 lb-ft 1.5L four-cylinder mated to a CVT transmission. Front- and four-wheel-drive versions are available. We'll get a different engine with more power that should deliver fuel economy in the Versa neighborhood. More on that tomorrow from our team in LA.
The three shots of the U.S.-market bodywork show, as expected, the reverse of the JDM car. Kudos to Nissan for doing a second body for left-hand drive markets. Inside, the simple appointments of the current Cube are updated with better shapes and, hopefully, a bigger, more upscale mix of materials. The bench seat returns in the JDM car, and there's no reason to believe we won't see it here as well. A water-droplet theme introduced in that silly teaser video we showed you last week is present in the cupholders and also available as ceiling trim inside the passenger compartment. Check out the galleries below for photos of just about everything, including the Japan-specific Lifecare (disabled access) and Autech Rider versions.
Come back tomorrow, when the gang in LA will deliver live coverage of the U.S. car's debut. We liked the JDM version, and we're really looking forward to trying out the Cube again now that it's been engineered for our market's needs.
Click above for a photo gallery of the JDM Cube in the wild
The redesigned 2010 Nissan Cube will be unveiled in the U.S. tomorrow at the LA Auto Show, but Nissan's boxy little wagon is already making its way to Japanese showrooms, as evidenced by these shots of a transporter loaded with them. What you see here is what you'll see in LA tomorrow, only with one major difference: we'll get a reversed version of the car's asymmetrical layout. Stay tuned.
In Japan, Otaku are the rabid fans of anime who often take their passion to extremes. One way they show their affection is to pull their favorite characters out of the imaginary world and plant them on vehicles in the real world. The pain caused by leaving their fantasy lives to join mainstream life lends its name to the show vehicles on which these characters land, itasha. Itasha has become a huge fad in Japan, with shows around the country almost every weekend. Fans decorate their cars with custom paint jobs or vinyls that act as a tribute to their favorite movies, games and characters.
One such Otaku happens to be a chairman of Age Soft software, creators of the game Total Eclipse, among others. At a recent Itasha show he brought along three of his favorite rides, all decked out with manga. That in itself might not seem so newsworthy, but when you hear what three cars he had done up in anime glory, you might be a bit shocked. Yoshida San showed up with his personal BMW M5, Lamborghini Gallardo and Lancia Stratos. Check out the gallery to see the madness for yourself. Click any image for a gallery of itasha, and follow the jump for an AOL video that explains itasha. Grazie per il tip, Francesco!
The JDM market is apparently enamored with vehicles that look like they're stuck in the shipping crate. We saw the first generation Toyota bB here as the Scion xB before it went on an eating binge and lost all its charm. That original bB went on to another generation, and has its own scions in form of some Daihatsu models. Subaru inked a deal back in April to share models between Toyota and Daihatsu, and this hideous little box with the star-motif badges is the result. There are three trim levels, and the Dex will relieve you of $15,000-$20,000. And here we thought even Subaru had relinquished its weird years ago. Turns out it was there all along, and the Dex is the ballcap-shaped box of contrived quirk that proves it.
Click above for a high-res gallery of the 2009 Nissan GT-R (U.S.-spec)
The Nissan GT-R will benefit from a few engineering and cosmetic tweaks for the 2009 model year in Japan, beginning with a slight bump in performance that brings output up from 480 to 485 PS (just under five hp). Other modifications include a larger fuel tank – expanded from 71 liters to 73.8 liters – a slight increase in fuel economy (about .3 km/l), "Nissan" replacing "Brembo" on the brake calipers, a new mounting location for the front license plate and a new paint code for Storm White (changed fro QX1 to QAB).
Pricing will also increase by another 5% in 2009 and it's expected that most of these changes will be adopted on U.S.-spec vehicles when the "Series II" production run begins next year.
Click above for a high-res gallery of the production Toyota iQ
Any guesses on what car Japanese jurors might pick as their Car of the Year? Guess again; and again. That's right, the Nissan GT-R only managed to snag enough votes to garner a bronze finish in Japanese COTY voting. Wondering what epically amazing machinery bested the mighty Godzilla? That would be the miniscule Toyota iQ. Once again, it is clear just how far the priorities for transportation have changed. Supercar levels of acceleration, on-board supercomputers and remarkable handling prowess just aren't enough to woo the top pick from judges in Japan. Not only was the iQ the top overall choice in a landslide victory, the Citroën C5 managed to garner enough votes to steal second place from the mighty GT-R.
Don't get us wrong, the Toyota with the funny name is a vehicle deserving of all the recognition it gets. A packaging miracle, the smarty-pants iQ manages to cram four real human beings inside a footprint that's pretty darn close to that of the smart fortwo, a car that seats just two people including the driver. These days, exceptional fuel economy, low emissions and intelligent packaging are apparently the way to a Japanese heart, and likely many from the rest of the world, as well. What do you think? Is the Toyota iQ the, ahem... smart person's COTY?