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Toyota in decline in 2009?

3751 messages,  Last post on Dec 05, 2009 at 9:41 AM

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What is this discussion about? Toyota, Automotive News


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#2640 of 3751
Re: Heck... [nippononly] by boaz47
Apr 29, 2009 (3:46 pm)
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Replying to: nippononly (Apr 28, 2009 5:58 am)

well I know if I had to replace my 4 banger, and I pray I don't have to at this time, the Koreans, or Aveo or something under 15k would be what I was looking at. I sure wouldn't invest in something at 20+k with the economy heading south. But I have never been the over extend kind. If worse came to worse I always wanted to be able to sell off the excess to hold on to just what I needed. I absolutely wouldn't get a 09 prius if the 10 will be less expensive. In fact I might not have coffee with someone that did because I might be afraid their logic would infect me. Still I would wait till I had no choice before I decided to get a new car in this economy.
#2641 of 3751
down, down, down..... by nippononly
May 01, 2009 (9:51 pm)
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GM improves, Toyota slips as industry decline eases
 
Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the industry improved from depressed levels of February and March.
 
Drops of 33 percent at Ford Motor Co. and GM were in line with analysts' forecasts, as was American Honda's 25.3 percent slide. Nissan North America's 37.8 percent fall and Toyota Motor Sales U.S.A.'s 41.9 percent tumble were steeper than forecasts.
 
....Ford Motor outsold Toyota for the first time since March 2008.

 
And in the "oh for shame!" category:
The Honda Accord was the best-selling vehicle in the United States, unseating Ford's F-series pickup.
 
Note there's no mention of the Camry there.
 
For the first time, Toyota is now declining faster than the overall market for the YTD, and significantly faster than Honda is. That is during a period when Honda is continuing business as usual and Toyota is piling on the cash rebates. THAT can't be good!
 
http://www.autonews.com/apps/pbcs.dll/article?AID=/20090501/ANA05/905019986/1078-
(registration link)
#2642 of 3751
Re: down, down, down..... [nippononly] by kdhspyder
May 02, 2009 (5:25 am)
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Replying to: nippononly (May 01, 2009 9:51 pm)

Toyota had announced internally that they had pulled the plug on exports from Japan until further notice. This primarily affects the Yaris, Scions, 4Runner, Highlander ( for a while ) and many Lexus'. The 2010 Prius is not included in this but I don't see there being a huge number of them coming forth.
 
Since they are not going to ship as much here and since they had the Tundra/Sequoia products shut down for 90+ days there simply are fewer vehicles being made available....thus few sales.
 
In essence Toyota is shrinking itself intentionally.
#2643 of 3751
Re: down, down, down..... [kdhspyder] by boaz47
May 02, 2009 (4:07 pm)
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Replying to: kdhspyder (May 02, 2009 5:25 am)

"In essence Toyota is shrinking itself intentionally.
 
I wonder what they called such a sales loss now I know. Intentional.
#2644 of 3751
Re: down, down, down..... [boaz47] by kdhspyder
May 02, 2009 (7:17 pm)
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Replying to: boaz47 (May 02, 2009 4:07 pm)

Yes it's an amazing concept. In tough times with basic demand down 35% ...ship less to match supply with demand. In times when currency issues put imports at a disadvantage ... make more in NA. Gosh what a unique concept.
 
These are two key reason that of the largest vehicle makers Toyota has by far the stongest financials .... thus nowhere near BK court.
#2645 of 3751
Re: down, down, down..... [kdhspyder] by grandtotal
May 03, 2009 (5:32 am)
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Replying to: kdhspyder (May 02, 2009 7:17 pm)

Any company which has a realistic 50-year plan (as well as shorter term plans) as Toyota does is well able to deal with a short term glitch such as we are now experiencing. The problems start when you can't see beyond next quarter's SUV / pickup sales.
#2646 of 3751
Not only that... by iluvmysephia1
May 03, 2009 (7:40 am)
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but if you have a Union like the UAW that is really not fully on board with the Company they're working for, things go down the potter really quickly. Unionites not autoworkers, that's what they are in relation to Ford, Chrysler and GM.
 
Those that are more interested in sucking down profits and keeping legacy costs high, that would be the UAW. Putting bigger tariffs on imports is not the answer, either, because the backlash caused by the larger charges for a product the U.S. wants to buy from Japan would only anger and frustrate consumers further. And that is what the U.S. has found out historically with the trade "imbalance" issues, it's a tradeoff enacted for the better good of trade overall. The bottom line is: Is what you are building what the people want? Or not?
 
Toyota and their "just in time" parts philosophy and actual car supplying philosophy is a lot more in tune with reality than the domestics seem to be. Hopefully the Big 3 will learn some supply and demand ratios during this manufacturing downtime.
 
Mitsubishi is cutting back employees and manufacturing as needed as well, and their focus is to build real good small cars, cars that are fun to look at and fun to drive. Which includes their all-electric powertrain vehicle the i-MiEV. We're about a year off still until that car comes here, and there is now talk about building the i-MiEV in Mitsubishi's Normal, IL plant.
#2647 of 3751
Re: Not only that... [iluvmysephia1] by steve_ HOST
May 03, 2009 (7:54 am)
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Replying to: iluvmysephia1 (May 03, 2009 7:40 am)

That's the Mitsu plant whose UAW workers voted on whether to strike last August but kept the vote secret. They got a new contract in September, '08, and I don't know if anyone knows how the vote went. (Manufacturing.net)
 
Coming close to calling a strike (their last one was in 2001) doesn't seem to be all that fully "on board."
 
Trying to shape Toyota's shrinkage as part of some intentional grand plan reminds me of how some people think foreign cars need maintenance while Detroit iron needs repairs.
#2648 of 3751
It's all part of the... by iluvmysephia1
May 03, 2009 (9:31 am)
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perception thing. It's a powerful sales force that shapes people's viewpoints on the value of a car brand.
 
For years Kia and Hyundai have fought this, and it's improving and has been for the past 7 years. But there's still many that think they're looking at buying one of Malcom Bricklin's original Subie's when they look at Hyun/Kia's. Not really truth be that.
 
And yes, I agree, the UAW could have a detrimental effect on Mitsu's Normal, IL, plant by striking. I'll have to do some more reading on the Normal situation and see if the droves are content or "up in arms."
 
Hope they've remembered to apply their deodorant to those underarms, and also that they've avoided anti-perspirant in the mix, as it can cause inflamed underarms. Look that one up if you're so inclined. Apparently the ingredients in anti-perspirant can have a "potentially" caustic affect on a person's body pH. Or lymph nodes. Hugh Lorrie, ya out there?
 
Be sure and take all of that last nugget of information with a grain of sea salt.
#2649 of 3751
Re: Not only that... [steve_] by grandtotal
May 03, 2009 (10:38 am)
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Replying to: steve_ (May 03, 2009 7:54 am)

Trying to shape Toyota's shrinkage as part of some intentional grand plan reminds me of how some people think foreign cars need maintenance while Detroit iron needs repairs.
 
Toyota didn't plan for a downturn and consequent shrinkage, but they did plan so that if a downturn occurred they could react effectively to it.

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