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Automotive News & Views Toyota in decline in 2009?
3852 messages, Last post on Dec 08, 2009 at 10:45 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: kdhspyder (May 03, 2009 2:59 pm) I would say the best of them is VW. They are not down as much in sales. In fact last I read they passed Toyota in World Wide sales first quarter 2009. They also showed a profit last year making them more financially sound than a company that lost money last year. Toyota suffered more than twice the percentage loss last year to VW in the USA. Partially due to the fact that VW has not spent a lot on the US market. They know where the big fish are in the Pond. It ain't the USA. Toyota expanded into big trucks when they should have offered their great small diesel trucks. Big Mistake IMO. How long will they keep their employees mowing the lawns and changing light bulbs? |
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I respect Toyota build quality more than VW, and purchasing a VW would to me be in the same category as purchasing a Fiat. Or, one of these:  Opel Ampura It's GM's European Volt. Not to seque too far away from your guys' important beeswax. 
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Replying to: nippononly (May 04, 2009 8:38 am) OTOH for the last 15 yrs as Toyota grew its BOF vehicle business it made far more profit than Honda or Nissan did because the BOF vehicles were far more profitable than Camry's and Corolla's or Accords and Civics. All those profitable years may have given it a larger umbrella in order to weather this storm. We will see. Most RAVs if not all of them are now made in Woodstock ON. Yes they weren't very agressive in pricing for the last two months, it looks like that's about to change even though certain models may be in very short supply soon. Yaris', Scions, 4Runners, FJ's, Solara's and Sequoias will likley be tough to impossible to find as we go into summer.
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Replying to: kdhspyder (May 04, 2009 10:14 am)
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Replying to: mcdawgg (May 04, 2009 11:35 am)  link title link title  
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Replying to: imidazol97 (May 04, 2009 12:02 pm) The World’s largest car company has run out of storage lots in Northerrn Europe NA has plenty of land available if such storage were needed.. This subject herein is about Toyota NA. We are short in several products as I noted above with the warning that the situation will not improve during the summer. However this does not apply to NA-made products where we will have all the supply we might need.
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Replying to: kdhspyder (May 04, 2009 12:40 pm) The title says "Toyota." It doesn't eliminate Toyota in Europe. You are saying Toyota doesn't have the lots shown on TV in past weeks loaded up with unsold vehicles?
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Replying to: imidazol97 (May 04, 2009 12:49 pm) OK, Northern Europe has a lack of land for empty vehicle storage, granted. Your response was to a post indicating a tightning of supply in N America. Is there a logical connection? |
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Replying to: kdhspyder (May 04, 2009 10:14 am) I was waiting for the hammer to drop on Yarises, and then I heard from you that the yen exchange rate had improved a lot, which makes it seem really dumb to be low on supplies of their least expensive car (what with being in the middle of a recession and all). Thanks for the confirmation on RAV4 being built in Woodstock. I had a feeling that was the case now. So the two models they plan to build more of in the months to come are both North American built - that's good as supply can come on-line quickly.
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Replying to: nippononly (May 04, 2009 2:09 pm) From your earlier post I think that we'll see an entirely different attitude this month on the Camry and Corolla. We also have a Honda store we own. They had great incentives last month that the Camry didn't have. Buying an Accord at invoice was unheard of in our area. Last month the stores were pushing them out the door at invoice and happy to do it. From Edmunds here... $1000 Cash to Dealer start: 03/18/2009 end: 05/04/2009 Get Dealer Pricing Restrictions Dealer Cash is combinable with Special APR. Comments Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement. Toyota missed a step here in reacting to Honda's agression. It is surprising to me also that the Yaris' and Scions are going to be demoted somewhat except that there is little or no margin in either vehicle. Neither can sustain much of a foreign exchange loss without being priced far too high for the segment each is in. I don't know this for certain but while the Lexus' are more expensive they also have greater margins so each could conceivably absorb a 5% foreign exchange loss and still remain profitable - somewhat. Plus the very valuable Lexus network of dealers should not be starved of product.
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