Episode 1053 – New Chairman for Toyota, Big Rigs = Big Sales, Lutz’s Version of Karma

Toyota will be getting a new chairman later this year to replace current chairman Fujio Cho. Big truck sales in the U.S. last year hit their highest total since 2007. Bob Lutz paired up with a company that is removing the hybrid powertrain from Fisker Karmas and replacing them with Corvette motors. All that and more, plus we’ll show you a company that is working on a low-cost hybrid that doesn’t need any batteries.