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10% of Toyota China dealers may drop due to losses

News about the auto industry in China is usually positive thanks to booming sales and an ever-increasing number of factories across the country. But in some cases, it appears that the dealers with the job of actually selling all of those vehicles are having trouble finding buyers. The result is cars piling up on lots and showrooms resisting against automakers. Japanese automakers already face a tough road to success in China, but the FAW-Toyota joint venture is especially struggling this year. According to Bloomberg, as many as 10 percent of the dealers might have to close or stop selling the brand because they just can't make money selling the vehicles on their lots. Also, 95 percent of the showrooms are reportedly losing money. The issue facing FAW-Toyota sellers is mostly a case of supply and demand. Automakers in China mandate the number and types of vehicles that dealers sell. However, the inventory from all makes is at its highest level since August 2013, according to Bloomberg. The situation leaves dealers with packed lots, and cars often require discounts to move. Making matters harder is that showrooms have annual sales targets, which are linked to bonuses. This money can account for over half of the sellers' annual profits, according to Bloomberg. The FAW-Toyota dealers are pushing back by asking Toyota for 2.2 billion yuan ($355 million) to pay for costs associated with the extra inventory. It also lowered sales targets by six percent earlier this year and has requested no increase in the numbers for 2015. News Source: BloombergImage Credit: Nelson Ching / Bloomberg via Getty Images Earnings/Financials Toyota Car Buying Car Dealers

A Ferrari-swapped Toyota GT86 sounds menacing

Ryan Tuerck and Gumout's Ferrari-swapped Toyota GT86 has clearly been a grueling labor of love. And now, finally, the competition-only car is near enough to completion that the team could fire up for the first time. And the sound coming out of the custom machine is incredible. In addition to putting out a short clip of the engine's glorious sound, Tuerck gives a detailed walkthrough of the entire vehicle and explains some of the custom touches behind the car. The exhaust, which comes out of the front end, for instance, was done to maintain the Ferrari 458 system's length. The result is supposed to mimic the sound of a stock 458, but we think it sounds more brutal than Maranello intended. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The Ferrari-powered machine also shoots flames. Massive, ridiculous, impressive balls of flame. The vehicle is on track to be completed this month, and we can't wait to see it shred some tires. Related Video: News Source: Donut Media, Donut Media / FacebookImage Credit: Donut Media / YouTube Aftermarket Ferrari Toyota Coupe Special and Limited Editions Performance Videos toyota gt86 toyota 86 engine swap

MotorWeek remembers retro icons, Supra and NSX

It's easy to poke a joke here and there about John Davis, the long-time host of MotorWeek. His voice is so monotonous that, from time to time, if you closed your eyes, you may think it's generated via a computer. But you have to give him and the rest of the show a lot of credit. The program has been on the air for decades, giving people direct, straight-down-the middle automotive reviews.
MotorWeek's massive back catalog of reviews are slowly making their way onto YouTube, and they provide a fascinating chance to look back on how performance cars rank against their contemporaries from back in the day. Two recent additions include the show's old looks at the 1986 Toyota Supra, the dawn of the third-generation model, and the now-iconic 1991 Acura NSX.
Both reviews are interesting in their own way. These days you hear nary a negative word about the original NSX, but MotorWeek isn't afraid to point out a few flaws. And the Supra really shows the progress of suspension tuning in the intervening decades because it has some serious body roll in the corners. Scroll down to check out both videos and get a blast from the automotive past.