Disparaging name for public transportation means (bus, tramway, trolleybus), sometimes applied to cars with a perceived lack of hipness. Stems from лох and возить, meaning as much as “suckermobile”.
В крайнем случае, сяду на так называемый тупорогими существами-водителями «лоховоз», то есть автобус.
(Дмитрий Малашкин @ malashkin.ru, 03/2013)