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Does the current situation affect hybrid sales more?

108 messages,  Last post on May 20, 2009 at 1:35 PM

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What is this discussion about? Toyota Prius, Toyota Highlander Hybrid, Ford Escape Hybrid, Honda Civic, Chevrolet Malibu Hybrid, Mercury Mariner Hybrid, Saturn Aura Hybrid, Saturn VUE Hybrid, Nissan Altima Hybrid, Car Buying, Coupe, Hatchback, Truck, Sedan, SUV


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#64 of 108
Re: 2009 Prius Pricing [jaicar] by kirstie_h HOST
Dec 05, 2008 (10:35 am)
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Replying to: jaicar (Dec 04, 2008 5:58 pm)

This discussion is a better place for your question (and to look at others' previous comments):
Toyota Prius Prices Paid and Buying Experience
#65 of 108
Re: 2009 Prius Pricing [kirstie_h] by railroadjames
Dec 06, 2008 (4:49 pm)
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Replying to: kirstie_h (Dec 05, 2008 10:35 am)

Addressing the issue presented here, I'd say that any vehicle is subject to this downturn recession. This period, that has all of us guessing just when will we hit bottom, is scary and no one is exempt. Well, maybe CEO's with huge parachutes. The industry as a whole is undergoing a stagnent period. Motorcycles, R.V.'s and automobiles and the like are in a tail spin. Indiana has record breaking unemployment due to R.V. no sales.and it's still rising. The steel industry too is also going thru dire times. Steel production falling off. Everyone looks to the Government to bail out Banks, Federal Corp.'s and now the Automakers. Tighten your seatbelts this is going to be a rough ride. I & many of my friends are still glad we own our Prius's as gas prices tumble. It was a tollerable ride thru the ups & downs of high gas prices.
#66 of 108
carried over from a Diesel News post thread by larsb
May 11, 2009 (7:47 am)
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Gary says, "Toyota has put all its marbles into the wrong markets. The US buyer is fickle. And the meager Prius sales when gas is cheap, attests to my belief."
 
Gas prices and Prius sales do not have a direct correlation:
 
Sales in 2004: 53,991 Avg gas price 2004: $1.895
 
Sales in 2005: 107,897 Avg gas price 2005: $2.314
Gas prices went up, and so did Prius sales.
 
Sales in 2006: 106,971 Avg gas price 2006: $2.618
Gas prices went WAY up, and Prius sales BARELY dipped.
 
Sales in 2007: 181,221 Avg gas price 2007: $2.843
Gas prices went up, Prius sales went WAY up.
 
Sales in 2008: 158,884 Avg gas price 2008: $3.299
Gas prices went WAY up, Prius sales went DOWN.
 
There is no direct relationship between gas prices and Prius sales. People do not ONLY buy Priuses when gas prices are high.
 
People stopped buying Priuses when ALL car sales dropped. Not for any other reason.
#67 of 108
Re: carried over from a Diesel News post thread [larsb] by gagrice
May 11, 2009 (8:08 am)
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Replying to: larsb (May 11, 2009 7:47 am)

Prius sales were off 61.5% last month. That is even worse than GM SUV sales. Heck Sequoia sales are only down 36% for the year. Compared to Prius being down 50% for the first 4 months. You are a dyed in the wool hybrid fanatic. That is the bottom line. People quit buying Prius last year when the price of gas dropped. You can try and spin it all you like. It will not change the facts.
#68 of 108
Re: carried over from a Diesel News post thread [gagrice] by larsb
May 11, 2009 (8:24 am)
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Replying to: gagrice (May 11, 2009 8:08 am)

I gave you the facts, and you are trying to spin it into something it's not.
 
Facts are facts and your opinion is your opinion. They do not become facts just because you opine them, mi amigo.
#69 of 108
Re: carried over from a Diesel News post thread [larsb] by explorerx4
May 11, 2009 (4:06 pm)
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Replying to: larsb (May 11, 2009 8:24 am)

poor lars,
the reason sales did not incease as gas prices went up was due to supply.
this was well documented. unit prices were way up.
eco 101.
#70 of 108
Re: carried over from a Diesel News post thread [explorerx4] by larsb
May 12, 2009 (6:01 am)
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Replying to: explorerx4 (May 11, 2009 4:06 pm)

Hybrid Sales 101:
 
People don't STOP buying hybrids just because gas prices go down. Sales might dip a LITTLE, but they don't fall off a cliff.
 
Prius sales, just like all car sales, fell off a cliff because of the economy. Not merely because of lower gas prices.
#71 of 108
Re: carried over from a Diesel News post thread [larsb] by lemko
May 12, 2009 (6:04 am)
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Replying to: larsb (May 11, 2009 7:47 am)

Strange! You'd have thought Prius sales would've peaked last summer!
#72 of 108
Re: carried over from a Diesel News post thread [larsb] by gagrice
May 12, 2009 (6:09 am)
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Replying to: larsb (May 12, 2009 6:01 am)

How about a compromise. Prius sales are down 60% because they are over priced for what you get!
 
I know my pastor friend is having a horrible time getting anyone to take over his Toyota lease that cannot be transferred to Hawaii. That still boggles my mind that you cannot move when you have a Toyota lease. A good reason not to buy from them. And another chink in their armor. What part does their ambitious hybrid plans have in their enormous loss the first quarter. Even worse than bankrupt GM. Maybe they have lied to US and they are selling every hybrid at a loss. No way to know the truth with their closed society.
#73 of 108
Re: carried over from a Diesel News post thread [larsb] by andre1969
May 12, 2009 (6:16 am)
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Replying to: larsb (May 12, 2009 6:01 am)

People don't STOP buying hybrids just because gas prices go down. Sales might dip a LITTLE, but they don't fall off a cliff.
 
Sure they do. Remember, people panic, and follow every little trend like it's going to go on forever. Then when it changes, they quickly forget.
 
Although you are right, the crashing economy was probably the primary factor in Prius sales drying up. However, when gas prices were shooting up, I imagine a lot of Prius sales were "pulled forward", and the market eventually got saturated.
 
Also, didn't the currency exhange rate between Japan and the US make the Prius unprofitable to sell in the US, so they purposely started cutting back the supply?

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