Posted on 04/01/2008 11:47:50 AM PDT by 2ndDivisionVet
Oldsmobile fans rejoice! (Or revolt—we suspect most will choose revolt.) Your brand lives again, and you’ll never guess how.
Nearly four years to the day that the final Oldsmobile rolled off the assembly line in Lansing, Michigan, comes word that Oldsmobile is back. More startling than the announcement itself is its origin—not from Lansing, not from Detroit, not from Michigan, not even from anywhere in North America.
A statement from Tokyo, of all places, reports that Toyota has secured rights to the Oldsmobile name. Asked for comment, GM is remaining extremely tight-lipped on the issue at the moment while presumably trying to sort out internally what oversight allowed this to happen—and who to can for it.
A Most Egregious Oversight
Toyota officials have stated that GM’s copyright on the Oldsmobile brand name expired midway through 2006. In the midst of the constant corporate shuffling underway in the domestic automotive juggernaut, somehow responsibility for renewal slipped through the cracks and the name floated around untethered for almost a year before someone at Toyota noticed. The unsubstantiated—at this point—story is that the alert came from the astute nephew of a still-confidential executive, who works as a clerk in the U.S. Copyright Office.
The Toyota exec saw an opportunity, and the rights to the name were scooped up by Toyota for a nominal re-filing fee—just $5000. As Toyota pushes upmarket—the Avalon and Highlander can both reach above $40,000, while a loaded Sequoia can eclipse $60,000—the question has been raised repeatedly just how much the American public is willing to pay for a vehicle with the same badge as a $12,000 Yaris. Toyota took note of the rapid failure of the Volkswagen Phaeton and does not wish to find itself in the same situation.
According to Bob Carter, general manager of Toyota USA, Oldsmobile will fill the gap between Toyota and the company’s luxury flagship brand, Lexus. “Oldsmobile is an established and respected luxury nameplate.” Carter says, “We fully realize this acquisition is unconventional, but the opportunity to immediately acquire over 100 years’ worth of brand recognition couldn’t be missed.
“It’s a shame,” Carter said, “that a company with the proud history of Oldsmobile ever left the market, and we feel that Toyota can establish the same sort of staying power with the Oldsmobile brand as we have with Lexus and Scion.”
A New Twist on the Same Oldsmobile Ideal
Citing Oldsmobile’s greatest successes as a slightly upmarket and sportier alternative to its Chevrolet and Pontiac cousins, Carter said that the name will be applied to today’s American performance-oriented luxury vehicles—SUVs. Asked if the iForce V-8 in the Sequoia will be renamed Rocket for Oldsmobile applications, Carter scoffed. “Toyota is a company that looks forward, not back. The past can inspire us, but we can never relive it. We will not mire ourselves in bygone days.”
And so Toyota is sticking with names from recent Oldsmobile history, so as not to alienate the young, upwardly mobile customers it is targeting. Bravada and Intrigue are names that will be familiar to the target demographic, affixed as they will be to the RAV4 and 4Runner SUVs, respectively.
“Bravada was the last big hit for Oldsmobile under its past ownership, and we believe it can be the first for the brand under our tutelage,” Carter said. “And Intrigue was a product that was just gaining its footing when the brand was cancelled. That name still has momentum, and we can capitalize on that.”
No 442, but How About an 88?
The farthest reach into Oldsmobile history will be for the flagship vehicle, to be based not on the Toyota and Lexus flagship Land Cruiser/LX570, but the gargantuan Toyota Sequoia SUV. As Carter explains, “Land Cruiser is an established luxury nameplate that exists almost entirely outside of what is otherwise Toyota. It has its own customer base, which is extremely loyal, and there is simply not room for an Oldsmobile between the Land Cruiser and LX570.”
The Sequoia, on the other hand, currently has no luxury counterpart. That will change when Oldsmobile launches its Super 88, the company’s most blatant indulgence in the past. But there is some cleverness behind the name, as Carter points out it also pays homage to the fabled Oldsmobile 442 muscle car, in which the number stood for four-barrel carburetor, four-speed manual transmission, and dual exhaust.
Super 88, according to Carter, will now refer to eight cylinders in the engine and eight gears in the transmission, as the eight-speed automatic from the Lexus LS-series luxury sedan will be adapted for use in this truck. The massively powerful Sequoia is already fast enough to humiliate its new Oldsmobile namesake—we recorded 0–60 mph in just 6.6 seconds and a quarter-mile of 15.2 seconds and 92 mph with the six-speed automatic—so Carter says the flexibility of the eight-speed will be exploited to endow the range-topper with the fuel economy of a much smaller vehicle.
Carter wouldn’t say if Oldsmobile would get a version of the Tundra pickup with which the Sequoia shares its underpinnings, but did hint that Toyota has paid close attention to the Lincoln Mark LT, which is a Ford F-150 wearing Lincoln-look front sheetmetal and a Navigator-style interior.
Old-School Rocket for the New Oldsmobile
Toyota’s final nod to Oldsmobile’s past will be in the selection of its logo. For decades, Oldsmobile used a succession of rocket-themed emblems, and Toyota chose to resurrect that from Oldsmobile’s most profitable time—the red rocket of the 1980s. “Oldsmobile’s rocket reached its zenith in the eighties,” Carter says, “selling over 1 million units and becoming the third-best-selling brand in all of the U.S. That’s the Oldsmobile we are proud of, and that’s the Oldsmobile we wish to recreate.”
Toyota expects to debut the new Oldsmobile in a year or so and will begin production in the 2011 model year. We anticipate an unveiling either at the end of the 2008–2009 auto-show season in New York, or at the season opener in Los Angeles in November of 2009.
This development could not come at a more ironic time, as General Motors desperately battles Toyota to retain its North American sales crown. Like the Boston Red Sox selling Babe Ruth to the New York Yankees in 1920 brought about decades of frustration for Ruth’s former team, Toyota is poised to turn GM’s once-great weapon against its former owner. With an impressive engineering commitment and a delicate balance of reverence for the past and ambition for the future, we may be witnessing another Curse of the Bambino.
4/1
This is not the first time I’ve forgotten what today is...
My guess that the your response to this story should’ve been to buy a calendar.
Can you hear “In My Merry Oldsmoile” sung with a pronounced...ah...Japanese accent?
Poorly done spoof. The name Oldsmobile is a Trademark, not a copyright. However, I wouldn’t be surprised if Chrysler’s new owners would sell the name Plymouth.
To elaborate, I should say that GM would never let itself drive [pun intended] a reputable brand into the ground without retaining its rights to the name.
It’s believable because Detroit’s ineptness.
Well, at least it will run for more than a year.
What month is this, and what day?
Just think, we could have had a FReepMobile!
You’ve been RickRoll’d.
then I sold it and ran
If GM can sell a few more cars, this might end up being a good quarter! I’m surprised Toyota didn’t go for American Motors instead :)
Since the Toyota logo has always been a thinly disguised imitation of the Oldsmobile logo, I suspect that this has been GM’s plan all along.
Toyota is just the japanese branch of GM anyway.
If this is an April Fool's joke, it is being played by Car and Driver.com and is very well presented.
I want to see the Japanese version of the Olds 442 convertible. Varoom!
Sounds like a Dodge Ram I had several years ago. (OK, more like 8 years ago..) Had a problem where I needed oil pumps replaced often, dealer told me after the third one that I needed to have my engine replaced, surprise, surprise, it wouldn’t be covered under warranty. $8K minimum.
Took it down the road to a different dealer, they gave me full trade in value. They said that it was a common issue that the compression was set to high and was a simple fix.. found out later (from former mechanic) the Dodge dealer knew full well it didn’t need a new engine, they just were trying to give as little as possible for the trade value and get me (and others) into new vehicles..
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