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1967 Toyota 2000GT most expensive Asian car ever sold at $1.2M

Toyota's agelessly beautiful 2000GT has been sold by RM Auctions for $1.16 million, making it the new record holder for the most expensive Asian car ever sold. As always, rarity played a big factory in driving up the price; just 351 2000GT models were built, and only 62 left-hand-drive cars (like this one). The classic Toyota, standout member of Texas car-collector Don Davies' paddock, was originally a US-delivery car that spent time in a collection back in a Japan before returning to Texas just a short time ago. The car last sold in March of 2011, for just $650,000.
Enthusiasts will recognize the 2000GT as perhaps the most heralded Japanese classic of all time. The Toyota was a contemporary of the Jaguar E-Type - though one that obviously sold in a fraction of the English car's numbers - that was well reviewed by the motoring press of the day. Sometimes referred to as Japan's first supercar, the 2000GT boasted a 150-horsepower, dual overhead cam, 2.0-liter straight-six engine; a five-speed manual transmission; and a reported top speed of over 135 miles per hour.
RM described this record-setting example as, "the finest and most authentic 2000GT to come to market in recent years," equating it with blue chip classic exotics like the Ferrari Daytona and Lamborghini Miura.

Toyota NA CEO says his excitement for hydrogen sedan is rising

Toyota has an undeniable vested interest in seeing its hydrogen sedan succeed when it goes on sale in the US next year, so it's no surprise that the company's North American CEO, Jim Lentz, says that he's got more hope for the car now than ever before. And if we remember ways that others in the company, like Bob Carter, have loudly sung hydrogen's praises, we have to assume that positivity is running awful high in Torrance. In fact, Lentz said that the US side of the company is far more excited by the H2 car than colleagues in Japan. Speaking at The Wall Street Journal's ECO:nomics conference in Santa Barbara, CA this week, Lentz said: After we've seen the product, understand its range, its driving dynamics, its refueling, we're a lot more bullish than Japan - probably about fivefold more bullish. It's just a question of how many can be produced now. Well, we've driven this car, and we still feel that Toyota is placing a big bet on the technology. One important issue is cost, but Lentz would not say exactly how much the car costs to make or what it will be priced at. He did say, though, that the production cost has dropped by 95 percent from the $1 million price tag the car wore ten years ago. That hints at a production cost of around $50,000. Lentz also said he thinks it will take at least a decade for hydrogen vehicles to hit sales of 500,000 per year in the US. Speaking to Bloomberg, he said: Their acceptance could get off to a quicker start than the hybrids did. I think you're going to see a lot more marketing of the concept of fuel cell much sooner than you did for hybrids, because basically the whole industry is behind it.

Toyota to sell hot-pink Crown in Japan

Akio Toyoda is doing a pretty decent job at the helm of the Toyota empire. This is the man, after all, that declared that Toyota would get new sports cars, and that they needed to be, not should be, rear-wheel drive. We can respect that. Toyoda is also trying to do away with his company's conservative styling and bring edgier vehicles to market.
Toyota's designers have done just that, although perhaps they went a bit too far. In November, Toyota debuted its fourteenth-generation Crown with a bling-bling fascia that makes Lexus' spindle grille look as conservative as a three-piece suit, and a retina-searing pink paintjob. See, in Japan, the Crown is to Japan's older crowd what the 2002 Buick Park Avenue is to America's senior citizens. As Automotive News reports, the idea with the pink was to draw attention to the grille, but it was originally intended as a debut item, only.
Now, Toyota is actually planning to offer the electric fuchsia Crown for sale to regular buyers. Interested parties will have from September 1st to September 30th to place an order for the big sedan. According to the AN report, Toyoda said to reporters at the debut, "My initial reaction was: 'You're kidding! Please, not pink." We wish they were kidding.