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Hybrid Vehicles Does the current situation affect hybrid sales more?
108 messages, Last post on May 20, 2009 at 1:35 PM
You are in the Hybrid Vehicles Forum. Your Host is pf_flyer
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Replying to: gagrice (Dec 03, 2008 5:34 am) Oh did I mention currency currency currency .... again for the 27th time. The JY / US$ exchange rate stood at 94 / 1 yesterday !!!!! At this rate there is NO incentive at all to ship products form there to here. Every month this same subject comes up and every month I have to keep bringing up the reminder about the currency. With the industry down 20-30% for the year it's pretty strong that Prius sales are down only 10% due to the super strong in spring and summer
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http://blogs.edmunds.com/greencaradvisor/2008/12/november-hybrid-sales-plunge-as- - -gas-prices-fall-credit-tightens.html In sheer volume, Toyota's Prius was hardest hit. Although still the industry leader with slightly more than half of all hybrid sales in November, Prius volume of 8,660 for the month was down 48.3 percent from 16,737 sold a year earlier and off 26.7 percent from 11,804 sold in October. "It's just too expensive" when gas prices are low, said analyst Caldwell. Not the time to be expecting higher ticket items to move big numbers.
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Replying to: pf_flyer (Dec 04, 2008 6:13 am) |
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Replying to: imscf (Dec 03, 2008 4:14 pm) |
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Replying to: kdhspyder (Dec 03, 2008 10:58 pm) I'm not buying that. Why are the hybrids stacked up on the dealers lots? Yaris is up in sales YTD. It takes up as much room on the ship as a Prius. I think cheap gas has tempered the average buyers willingness to spend $5k to $10k more for a car that only gives marginal increase in MPG. What will a Prius do that a $12k Yaris won't do? They get easy 40 MPG highway.
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Replying to: gagrice (Dec 04, 2008 7:39 am) Lots of stuff. You get what you pay for. A $12K car is a $12K car, and a $26K car is a $26K car. Never the twain shall meet.
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Replying to: gagrice (Dec 04, 2008 7:39 am) Well, by the time you equip a Yaris nicely, that $12K car is more like a $16K car. And it's easy to get a Corolla up over $20K these days. The Prius, even in base form, is pretty well-equipped, so once you factor in the added content that narrows the gap. Then consider the fact that the Prius, despite its awkward proportions and small-ish dimensions, actually is a midsized car. It doesn't have the shoulder room that your typical intermediate would, so forget about squeezing three across in back and having them comfortable. But for four good-sized people, it's probably about as comfortable inside as most intermediate cars, and better than the Corolla or Yaris. And the Prius's trunk volume, at 16 cubic feet, is actually generous for a midsize car these days. Some of them are only 13-14! As for fuel economy, a Prius and Yaris might be close out on the highway, but in local driving, I'm sure the Prius would win out by a fairly wide margin. So yeah, it comes at a price premium. But the Prius also gives you more standard equipment and more interior room, in addition to the improved economy.
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Replying to: andre1969 (Dec 04, 2008 8:11 am) I would say hybrids have peaked and are headed down hill. Nothing from GM is worth buying. Ford Escape is a decent over priced hybrid.
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Replying to: gagrice (Dec 04, 2008 8:22 am) Wishful thinking, Oh Great Diesel Sniffer. (LOL) Hybrid sales are not directly linked to lower gas prices. Hybrids were selling just fine with low gas prices three years ago. What has changed is "the ECONOMY, stupids." (Stupids with an "S" on the end to include all of us, myself included.) Not just hybrids, but ALL vehicle sales are basically on the downturn. People are just not buying new cars when their homes are in foreclosure or they just got laid off or are worrying about keeping groceries on the table and a roof over their kids heads. The downturn in sales will happen to the Jetta TDI also, once all the initial Diesel Worshippers get their cars. |
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I don't think VW has shipped a lot of tdi cars over from the motherland this year. I have yet to see a new golf/jetta tdi on the road and I live in the birkenstock central of the eastern seaboard. One thing the yaris can do and the prius can't: heel and toe shifting! And for that I will take a yaris 5 dr over a prius any given day. Car sat a prius for 3 months and hated every minute when I have to drive it. |
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