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Automotive News & Views Toyota in decline in 2009?
3863 messages, Last post on Dec 08, 2009 at 7:02 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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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)
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Replying to: nippononly (May 01, 2009 9:51 pm) 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.
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Replying to: kdhspyder (May 02, 2009 5:25 am) I wonder what they called such a sales loss now I know. Intentional.
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Replying to: boaz47 (May 02, 2009 4:07 pm) These are two key reason that of the largest vehicle makers Toyota has by far the stongest financials .... thus nowhere near BK court.
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Replying to: kdhspyder (May 02, 2009 7:17 pm) |
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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.
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Replying to: iluvmysephia1 (May 03, 2009 7:40 am) 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. 
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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.
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Replying to: steve_ (May 03, 2009 7:54 am) 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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How the stock holders react to Toyota planning to shrink enough to report its first loss in years? Now that we know such reduction in sales is intentional. Not reactive at all. Like intentionally asking for 2 billion dollars from the Japanese government? Great plan when you are intentionally reducing your production. It doesn't sound a bit like spin.  How did they miss the 38.4 percent sales loss so far this year?  http://en.ce.cn/World/Asia-Pacific/200903/04/t20090304_18386147.shtml
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