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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
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Replying to: larsb (May 11, 2009 7:47 am)
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Replying to: larsb (May 12, 2009 6:01 am) 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.
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Replying to: larsb (May 12, 2009 6:01 am) 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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Replying to: gagrice (May 12, 2009 6:09 am) Toyota is not the only company who does not allow cars to move. They are not alone in anything they do. |
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Replying to: andre1969 (May 12, 2009 6:16 am)
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Replying to: larsb (May 12, 2009 6:20 am) What I'd like to see is a month-by-month breakdown. 2008 was a very wild year with fluctuations. At its worst, I was paying over $4.00 per gallon. But towards the end of the year, I was paying as little as $1.49 per gallon, which was the lowest I'd seen since perhaps May of 2003. Heck, I still remember the very first fill-up that I gave my Intrepid, way back in November of 1999, at $1.39 per gallon. Also, I'm not saying that fuel prices are the ONLY factor in determining Prius sales. But they were a factor.
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Replying to: andre1969 (May 12, 2009 6:27 am) No more of a factor than it was a factor for any other fuel-efficient car - not just the Prius. When gas prices go down significantly, fickle American car buyers have historically gone for luxury and size, and that has changed a little bit. People understand now that we are not going to have cheap gas all the time, forever. And I think 5 years ago the majority of Americans DID believe that cheap gas was here forever. |
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Sales not being affected by recession for the new Insight in Japan: Insight Becomes First Hybrid Vehicle to Rank as Best-Selling Vehicle* in Japan
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Replying to: larsb (May 12, 2009 7:11 am)
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Replying to: gagrice (May 11, 2009 8:08 am) Last April was one of the greatest months in sales for all hybrids as the public realized that gas prices were going to go out of sight. In March of last year an astute buyer could and did get a 'deal' on a Prius. 45 days later by May 5th every Prius in the US was gone. Pffttt snapped up during the month of April. Thus to compare any month to last April is disingenious, last April was an aberation. It's not worth looking at any figure except the year over year totals. That's all the matters. I've been doing this for 35 yrs in three different industries. The shortest time frame that matters is a quarterly comparison. Even that's too short. That's the way sales are. See my post above about why total sales are down last year and this year. IT'S INTENTIONAL!!!!! No spin those are the facts. |
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