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Automotive News & Views Toyota in decline in 2009?
3618 messages, Last post on Nov 28, 2009 at 7:57 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Does anybody know what the Toyota financing/cash back incentive will go to after Jan 5, 2009? I have been googling and searched this site for the answer. I'd be very surprised if Toyota employees didn't give us a helpful heads-up. Thanks for any help ladies and gents.
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Toyota, the world's biggest automaker, will freeze plans to build new factories in Thailand and Russia due to sluggish demand worldwide, Japan's Sankei newspaper reported on Saturday. In June, Toyota said it would build a new 150,000 units-a-year diesel engine factory in Thailand, which would raise its annual diesel engine output capacity to 350,000 units in 2010 and create about 700 jobs. But Japan's top automaker would suspend the plan because of slumping global auto demand, the Sankei said. In St. Petersburg, Russia, Toyota began building cars at a new 50,000-units-a-year factory in December 2007. But it will now freeze plans to build a secondary factory at the location as production at the existing factory fell short of its forecast, the newspaper added. First the new plant in the U.S., now other plants around the world. I am glad that they are targeting production expansion for cost-cutting, rather than future product. http://www.autonews.com/article/20090105/ANE02/901050297/1198 (registration link) |
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Replying to: usfmarine (Jan 04, 2009 10:53 pm) Predictive TMV can give you an idea of which way prices are heading for the make/model you are shopping.
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Replying to: steve_ (Jan 05, 2009 8:25 am)
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Replying to: kdhspyder (Jan 05, 2009 8:56 am) |
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"In good times and bad, we try to keep output in line with demand, keeping production in line with demand," Nolasco said. "This will help even out production flow." Toyota idles plants for extra 11 days (CNN) |
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link title
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Replying to: anythngbutgm (Jan 09, 2009 1:45 pm)  BTW, I have now witnessed the backed-up Toyotas at the port firsthand in Benicia: the largest number of new Highlanders I have ever seen in one place, just row after row stretching off into the distance, easily hundreds and hundreds of them, maybe thousands. There were pick-ups and Sienna vans too. I guess maybe the back-up is more in the big vehicles than in the cars. Or maybe all the excess Corollas and Priuses are in Long Beach. 
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Replying to: nippononly (Jan 09, 2009 9:54 pm) Prius as Emergency Generator Saved Bacon, and Eggs, When Lights Went Out 
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Replying to: steve_ (Jan 09, 2009 10:00 pm) I would say Toyota will have some serious problems with all the hybrids sitting for months unsold. NiMH batteries do not like being discharged or being cold soaked. One dealer I checked in San Diego has 106 Prius listed. That is unreal. Someone in Japan needs to turn off the spigot until sales catch up with supply. Toyota usually has a better handle on supply and demand. They had to know how fickle Hybrid people are. They are all waiting for the latest and greatest 2010 models. The 2009 is not much different than the 2004. Best bet is to pull the batteries and what ever other components that will be re-used in the next gen and crush the 2009s for the recycle bin. Or they could have a GENUINE GM type Red Tag sale. Heck I might buy a Prius for $15k loaded. |
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