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Automotive News & Views Toyota in decline in 2009?
3725 messages, Last post on Dec 03, 2009 at 8:13 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: kdhspyder (Apr 06, 2009 6:15 am)
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Replying to: nippononly (Apr 07, 2009 8:19 pm) |
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Toyota Considers Revamp Of U.S. Operations To Stem Losses, Reports Say Not looking good for Tupelo.
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Replying to: steve_ (Apr 08, 2009 10:43 am) The Tundra came into the market as pickup truck sales began their precipitous slide -- a slide that continues in dramatic fashion in 2009 with Toyota losing money on every one. The truck is built at a new plant in San Antonio that came in over budget and has not been running at full capacity You have to onder how conservative Toyota's most conservative estimate for Tundra sales was. They had to at least be CONSIDERING the possibility that Tundra would sell no better after the total revamp. And in fact, it mostly hasn't. But it's also not much lower now in sales than it was in the last year's of the previous model, is it? Toyota executives are also faced with what to do with a plant it has under construction in Mississippi. It originally was going to build the Toyota Highlander, until SUVs fell out of American favor, and then it was set to assemble the Toyota Prius hybrid, but hybrid sales have been soft with low gas prices. In the case of both Mississippi and San Antonio, it seems to me Toyota would be better off finishing what it started, then moving production to the States of all the models (like RAV4 and Yaris) that it currently produces in Japan and which are subject to the losses inherent in the terrible yen exchange rate.
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Replying to: nippononly (Apr 08, 2009 8:21 pm) The Bank of Japan is now also in the business of printing funny money. However plans still remain NOT to export to the US for most products made in Japan. The 2010 Prius is an exception. Volumes are going to be WAY WAY down beginning in the June / July period through the end of the year. |
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"Toyota may report an operating loss for a second-straight year, the Japanese newspaper Nikkei reported." Toyota May Report Operating Loss for Second Year (AutoObserver) 
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Replying to: steve_ (Apr 13, 2009 9:32 pm)
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Replying to: nippononly (Apr 14, 2009 12:08 pm)  ).
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Replying to: steve_ (Apr 14, 2009 2:59 pm) |
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Replying to: steve_ (Apr 13, 2009 9:32 pm)
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Automotive News & Views Toyota in decline in 2009?
