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Toyota: Sales, Marketing, and Financial News

 
Old 05-19-2005, 10:54 AM
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That new Hyunday is looking really good too, what is it called, the Azera? It looks exactly like the current Accord should look.
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Old 05-19-2005, 10:56 AM
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Originally Posted by gilboman
so what do you drive, i certainly hope not some FWD 4 cylinder appliance

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Old 05-19-2005, 11:26 AM
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Originally Posted by gilboman
so what do you drive, i certainly hope not some FWD 4 cylinder appliance
Check out this race between a FWD 4-cyl Acura and a 255 hp RWD CTS:
http://www.putfile.com/media.php?n=TSX-vs-CTS
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Old 10-28-2005, 06:34 AM
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Wink Toyota to Suprass GM

http://money.cnn.com/2005/10/26/news...reut/index.htm

Toyota to put GM in rearview mirror
Report: Japanese firm to lift output to 9.2M cars in '06, topping GM as No. 1 auto manufacturer.
October 26, 2005: 7:25 AM EDT

TOKYO (Reuters) - Toyota Motor Corp. will raise vehicle output by 11 percent next year, unseating General Motors Corp. as the world's biggest manufacturer of automobiles, a Japanese newspaper reported Wednesday.

Toyota, whose profits and market value already dwarf those of its rivals, plans to raise group output to more than 9.2 million vehicles worldwide in 2006, or nearly 1 million more than its projection for 2005, business daily Nihon Keizai said.

Excluding minivehicle and truck units Daihatsu Motor Co. and Hino Motors Ltd., Toyota's own-brand production will rise 12 percent to 8.3 million units next year, the newspaper said without citing sources.

A Toyota official said the company had not yet finalized its production plans for next year.

But one analyst said it was feasible given the pace of Toyota's expansion plans.

"Given additional production and domestic and overseas plants that are scheduled to go on stream in FY2006/07 (ending March 2007), global production of about 8.3 million units can be reached," Merrill Lynch auto analyst Tatsuo Yoshida said in a note to clients.

Helped by a reputation for building reliable and fuel-efficient vehicles, Toyota is picking up market share from loss-riddled GM (Research) in the U.S. company's home market.

The Detroit giant's market share for October looks set to fall to a 25-year low of about 20.5 percent, according to New York-based Deutsche Bank analyst Rod Lache.

Toyota had 13.4 percent of the U.S. market in September, more than Chrysler's 13.2 percent and up from 11.3 percent a year earlier, while GM's share fell to 25.9 percent from 31.7 percent.

Like Toyota, GM has not announced production plans for 2006.

But Japan's top auto manufacturer has said the group aims to sell 8.5 million vehicles in calendar 2006, which would likely keep it as the world's second-biggest seller of automobiles behind the GM group.

Sales and production figures can differ widely depending on how much inventory an auto manufacturer and its dealers hold.

In the first nine months of this year, the Toyota group built 6,124,434 vehicles worldwide.

GM produced an estimated 6,718,000 units during that period, and sold 7,066,774 vehicles, up 3.7 percent from the same period last year.

For all of 2005, GM has forecast global production of 9,115,000 vehicles.

The Detroit-based auto manufacturer has been cutting back production at home to whittle down its bloated inventory, but it is expanding rapidly in China, where it is set to overtake Volkswagen AG as the No. 1 brand this year.
Race in China

Toyota, whose market capitalization of $160 billion is almost 10 times that of GM's, is racing to catch up with GM and others in China, while also planning increased capacity in North America as well as in Russia and other fast-growing emerging markets.

On top of a fifth plant due to start production in China next year, Toyota said Wednesday it was preparing to set up a sixth car factory in the northeastern city of Tianjin with local partner FAW to build about 200,000 compact cars a year starting in mid-2007, pending government approval.

Toyota, which was late to enter the hot Chinese car market, is targeting a 10 percent share by 2010 with a full line of products, including its imported premium Lexus vehicles and the Prius hybrid to be built locally by the FAW-Toyota venture.

Globally, Toyota has set a goal of boosting market share to 15 percent and annual revenues to ¥20 trillion ($173.7 billion) in the medium term.

Toyota is due to announce production and sales plans for 2006 in December.

Subsidiaries Daihatsu and Hino have not solidified plans for 2006, but they will likely raise combined production next year from the 890,000 units projected for this calendar year, supported by brisk domestic demand, the Nihon Keizai reported.

In July, Toyota revised up its own-brand global output forecast to 7.39 million vehicles for this year, up 10 percent from 2004, while increasing its group-wide output plan to 8.28 million units, up 9.7 percent.

The revision came after the maker of the Prius hybrid car announced strong growth in global output for the first six months of the year, driven by healthy domestic and U.S. sales.

With rival Nissan Motor Co.'s chief executive Carlos Ghosn turning bearish on the U.S. market recently, one fund manager said Toyota could emerge as the sole winner after a solid streak at all of Japan's top auto manufacturers.

"Japanese auto makers have had to grab market share from GM or Ford, but that's coming to a limit and now they have to steal share from each other," said Akio Yoshino, a fund manager at Societe Generale Asset Management. "So far, Toyota is winning."

Shares in Toyota ended up 1.96 percent at ¥5,210 and Daihatsu rose 0.71 percent to ¥1,137. Hino was up 0.85 percent at ¥713.
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Old 10-28-2005, 08:52 AM
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Old 10-28-2005, 01:35 PM
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Old 10-28-2005, 01:58 PM
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Old 10-29-2005, 12:53 AM
  #48  
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sayoonara GM!
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Old 12-20-2005, 07:28 AM
  #49  
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Wink Latest News

http://news.yahoo.com/s/ap/20051220/...ltBHNlYwM3MTY-

Toyota Plans to Produce 9M Vehicles in '06

By YURI KAGEYAMA, AP Business Writer 1 hour, 34 minutes ago

NAGOYA, Japan - Toyota said Tuesday it plans to produce 9.06 million vehicles in 2006, threatening to overtake struggling U.S. rival General Motors as the world's biggest automaker.

Although General Motors does not give full-year production targets, Toyota's forecast will put it neck-and-neck with GM and possibly allow Toyota to take the lead. GM produced 6.7 million vehicles during the first three quarters of this year and expects to produce about 9 million vehicles this year.

Toyota Motor Corp., Japan's top automaker, has been growing at a time when General Motors Corp. has been stumbling, losing $1.6 billion in the third quarter and seeing its market share in North America chipped away by Asian automakers, including Toyota.

Toyota's production target, announced by President Katsuaki Watanabe at a news conference in Nagoya, central Japan, marks a 10 percent increase from the 8.25 million vehicles Toyota expects to produce this year.

Like Toyota, other Japanese automakers, including Honda Motor Co. and Nissan Motor Co., are also in good health.

Honda said Tuesday in Tokyo that it projects global sales in 2005 will have risen 5 percent from a year earlier to a record 3.35 million vehicles, while vehicle production worldwide will have gone up 7.2 percent from last year to 3.41 million cars.

Koji Endo, auto analyst with Credit Suisse First Boston in Tokyo, believes that Toyota is strong because it has ample money to invest in facilities and research that in turn allows it to produce cars that appeal to the market and cut costs, thereby producing more profits.

With Toyota booming on a "positive cycle" of healthy sales leading to more sales, it's definitely on track to overtake GM in annual vehicle production, he said.

"It's bound to happen either next year or the year after," Endo said. "But perhaps there isn't much point to the question. It doesn't make much sense to be comparing vehicle production numbers between the world's most profitable automaker and one that's on the verge of collapse."

Toyota said it expects to sell 8.85 million vehicles worldwide next year, up 9 percent from 8.09 million estimated for this year.

When not including its subsidiary automakers Hino and Daihatsu, Toyota plans to produce 8.11 million vehicles next year, up 10 percent from 7.37 million vehicles in 2005.

Watanabe played down Toyota's possible imminent No. 1 status in the world auto industry.

"We try to prepare our production and sales to respond to customer needs in every region," he told reporters. "I am not thinking much about whether we will become No. 1 in the world as a result of that."

Watanabe also brushed off fears about a possible U.S. political backlash of protective sentiment that intensified in the 1980s, noting that Toyota has boosted production and parts purchasing in the United States, and become a good corporate citizen.

"I do not anticipate trade friction to grow into a major problem at this time," he said.

Peter Morici, University of Maryland economist and auto industry expert, believes that GM, Ford Motor Co. and the
United Auto Workers, the U.S. labor union, do not enjoy much public sympathy, compared to the 1980s.

"I do not believe the U.S. public will support protection for GM. If the government does it, it will have to be veiled," he said.

Detroit-based General Motors has announced drastic cost cuts, including trimming 30,000 jobs, or 27 percent of its North American manufacturing jobs, and the closure of 12 facilities by 2008.

GM's U.S. market share fell to 26.2 percent in the first 10 months of this year compared with 33 percent a decade ago, the result of increasing competition from Asian rivals. Standard & Poor's Ratings Services lowered GM's debt to "junk" status earlier this year.

GM isn't the only U.S. automaker cutting costs.

Ford Motor Co., which reported a third-quarter loss of $284 million, has said it plans to eliminate about 4,000 white-collar jobs in North America early next year as part of a restructuring plan.

Ford Chairman and CEO Bill Ford has said he plans to announce U.S. plant closings and layoffs in January.

Watanabe said Toyota has succeeded because it followed its dream of being the first in the world to produce the best cars at the lowest costs. And Toyota isn't about to sit on its laurels, he said.

"It's critical we maintain our spirit of perpetual challenge," Watanabe said.
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Old 10-04-2006, 12:53 PM
  #50  
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Toyota/Honda Overtake DaimlerChrysler and Ford in Canada

For the first time in the history of the Canadian automotive industry, neither Chrysler nor Ford captured the second or third spot in sales, says industry analyst Dennis DesRosiers. For the first time, Toyota/Lexus was in second place behind General Motors, with Honda/Acura in third, DaimlerChrysler in fourth, and Ford in fifth.
Manufacturer August 2006 Per cent change
DaimlerChrysler 16,191 + 0.5
Ford 15,294 + 1.3
General Motors 35,166 + 7.9
Acura 2,186 +13.3
Honda 14,702 +52.4
Lexus 957 +19.3
Toyota 16,247 +11.7


http://www.canadiandriver.com/news/061004-1.htm
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Old 10-04-2006, 01:05 PM
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Not surprising ... us stingy Canadians realize the value / reliability of Honda / Toyota. Yup ... we're boring people up North.
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Old 10-04-2006, 01:11 PM
  #52  
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Civic's, Civic's everywhere!! 7500+ in September alone.
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Old 10-04-2006, 03:34 PM
  #53  
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52.4 percent increase for Honda over one year?!?!?! WTF kind of marketing blitz campaigning did they do?!?!?! props.
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Old 10-04-2006, 04:01 PM
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Eskimos love teh civic
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Old 10-04-2006, 04:20 PM
  #55  
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Acura will do even better with the upcoming CSX Type-S and MDX.
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Old 10-04-2006, 07:48 PM
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Originally Posted by srika
52.4 percent increase for Honda over one year?!?!?! WTF kind of marketing blitz campaigning did they do?!?!?! props.
dang! 52% increase?!

Good work Honda/Acura and Toyota/Lexus
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Old 10-05-2006, 01:50 PM
  #57  
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Kudos to both Honda and Toyota!
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Old 04-24-2007, 07:37 AM
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"Toyota overtakes GM as top world auto maker"

Japanese manufacturer beats out Detroit auto giant by 90,000 cars in the first quarter; market watchers expect company to beat GM for the year too.

TOKYO (Reuters) -- Toyota beat GM in quarterly sales for the first time ever, outselling its U.S. rival by around 90,000 units in the first quarter, making it the world's largest auto maker.

Both auto giants reported record sales for January-March, but Japan's top carmaker inched past Detroit-based GM (Charts, Fortune 500) as it ate into the struggling icon's market share on its home turf.

Toyota (Charts), maker of the Camry sedan -- the United States' most popular car -- said on Tuesday its global vehicle sales rose 9 percent in the quarter to 2.35 million units.

That compared with 2.26 million units, up 3 percent, for GM, which sells cars and trucks under a dozen brands including Chevrolet, Buick, GMC, Cadillac, Opel and Saab.

GM said last week that put its global market share at an estimated 13.0 percent, down a tenth of a percentage point from a year ago.

GM's subprime woes
Toyota's tally includes cars sold under the Lexus luxury brand and the youth-oriented Scion brand, as well as vehicles from Japanese unit Daihatsu and truck maker Hino Motors.

Many industry watchers expect Toyota to challenge the 99-year-old GM this year for the top spot in global sales, a position the U.S. automaker has held for 76 years.

Toyota dwarfs its rivals in almost every other measure including profits, market capitalization and cash reserves.

http://money.cnn.com/2007/04/24/news...ion=2007042405
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Old 04-24-2007, 07:39 AM
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Saw that this morning. GM tried to play it off by saying that one quarters worth of numbers proves nothing, even though they are well aware of the fact that Toyotas sales figures have gone nowhere but up while their own numbers have been going nowhere but down.

Maybe this is the kick in the pants GM needs to start bringing over the better European and Asia-Pacific market cars in vast quantities.
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Old 04-24-2007, 08:02 AM
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Originally Posted by CGTSX2004
Saw that this morning. GM tried to play it off by saying that one quarters worth of numbers proves nothing, even though they are well aware of the fact that Toyotas sales figures have gone nowhere but up while their own numbers have been going nowhere but down.

Not sure why they are so reluctant to admit defeat on that front, its inevitable. They should be taking a different position. Denial does not look good on them.
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Old 04-24-2007, 08:26 AM
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Originally Posted by dom
Not sure why they are so reluctant to admit defeat on that front, its inevitable. They should be taking a different position. Denial does not look good on them.
+1 They're in total denial and will have some other lousy excuse when the year is up, just wait and see.
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Old 04-24-2007, 08:30 AM
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Originally Posted by dom
Not sure why they are so reluctant to admit defeat on that front, its inevitable. They should be taking a different position. Denial does not look good on them.
Because they are GM and everything GM defies good logic.
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Old 04-24-2007, 08:41 AM
  #63  
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Originally Posted by CGTSX2004
Because they are GM and everything GM defies good logic.
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Old 04-24-2007, 09:11 AM
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Old 04-24-2007, 11:20 AM
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Originally Posted by CGTSX2004
Because they are GM and everything GM defies good logic.
..but give GM credit...they are not as bad as Ford's logic...or lack thereof.
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Old 04-24-2007, 01:52 PM
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Originally Posted by CGTSX2004
Saw that this morning. GM tried to play it off by saying that one quarters worth of numbers proves nothing, even though they are well aware of the fact that Toyotas sales figures have gone nowhere but up while their own numbers have been going nowhere but down.

Maybe this is the kick in the pants GM needs to start bringing over the better European and Asia-Pacific market cars in vast quantities.

I hate to break it to you but there is a lot of truth to that, The fact that the first quarter really doesn't say much at all!!


Hell look at Ford in the fourth quarter last year!

Last edited by peewee5384; 04-24-2007 at 01:55 PM.
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Old 04-24-2007, 01:55 PM
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Originally Posted by peewee5384
I hate to break it to you but there is a lot of truth to that, The fact that the first quarter really doesn't say much at all!!

Whether it happens next 1/4 or next year, its inevitable. GM is officially playing catch up. The sooner they realize that the better.

Having said that, I like GM these days.
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Old 04-24-2007, 01:57 PM
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Originally Posted by CGTSX2004
Saw that this morning. GM tried to play it off by saying that one quarters worth of numbers proves nothing, even though they are well aware of the fact that Toyotas sales figures have gone nowhere but up while their own numbers have been going nowhere but down.

Maybe this is the kick in the pants GM needs to start bringing over the better European and Asia-Pacific market cars in vast quantities.
I agree even if one quater doesnt mean anything people arent going to all of the sudden stop buying Toyotas and going over to GM instead.
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Old 04-24-2007, 01:59 PM
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MEDIA REPORTS TOYOTA SURPASSES GM IN Q1 GLOBAL SALES . . . There’s been a lot of media comment today about Toyota surpassing GM in global sales for the quarter. As you read last week, GM reported record first-quarter global sales in the January-March period but Toyota sold even more vehicles than GM did. Toyota reported that it sold 2.348 million vehicles world-wide in the first quarter – about 88,000 more than the 2.26 million vehicles reported by GM. Paul Ballew, executive director for GMIA, provides his perspective on this development on “GM DriveTime” today. He urges employees to keep two important points in mind: First, we’re growing faster than the industry outside the U.S. and that’s been going on for the last five years. Second, we’re still No. 1 in North America.

“We should give Toyota credit where credit is due,” Ballew said. “But in the same regard, we shouldn’t go around assuming that we’re receding or we’re allowing the media image to frame us as a company that’s seeing sales volume decline. Because that’s really not what’s playing out in this marketplace right now. We are able to post some positive wins on the boards and we’re expanding this business. And if we do so long-term we’ll be okay.”
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Old 04-24-2007, 02:06 PM
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Originally Posted by Moog-Type-S
..but give GM credit...they are not as bad as Ford's logic...or lack thereof.
Don't leave out the Chrysler boys because they are doing oh so well right now as well.
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Old 04-24-2007, 02:08 PM
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Originally Posted by CGTSX2004
Don't leave out the Chrysler boys because they are doing oh so well right now as well.
Ever since they came out with that thing called the 300 and I have wanted them to go down.
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Old 04-24-2007, 02:11 PM
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Originally Posted by peewee5384
I hate to break it to you but there is a lot of truth to that, The fact that the first quarter really doesn't say much at all!!


Hell look at Ford in the fourth quarter last year!
This singular event does not tell the whole story, but it sure as hell marks a rather important point in history. GM's market share has steadily declined while Toyota has seen astronomical gains in its market share. The reality is that unless GM starts to make lasting changes, they will not be #1 in the world again.

And in the overall scheme of things, I'd rather be in Toyota's shoes, with massive market share that is continually increasing and making profit on nearly all models, as opposed to GM's with declining market share and losing model a large number of models.
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Old 04-24-2007, 02:43 PM
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Originally Posted by CGTSX2004
This singular event does not tell the whole story, but it sure as hell marks a rather important point in history. GM's market share has steadily declined while Toyota has seen astronomical gains in its market share. The reality is that unless GM starts to make lasting changes, they will not be #1 in the world again.

And in the overall scheme of things, I'd rather be in Toyota's shoes, with massive market share that is continually increasing and making profit on nearly all models, as opposed to GM's with declining market share and losing model a large number of models.

I do not disagree with you actually, I used to be a large GM fan however I think that have gotten themsleves in over there head and rather then focus on their vehicles to make them better, they are instead just increasing the number of vehicles they sell.

Working for a major manufacturer I have to be somewhat bias but I do believe that this will be a back and forth competition between the two especially within the next couple of years!

But lets still remember one thing GM is still the #1 in North America and that will not change for a little while I do not believe.
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Old 04-24-2007, 04:22 PM
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Originally Posted by peewee5384
I do not disagree with you actually, I used to be a large GM fan however I think that have gotten themsleves in over there head and rather then focus on their vehicles to make them better, they are instead just increasing the number of vehicles they sell.

Working for a major manufacturer I have to be somewhat bias but I do believe that this will be a back and forth competition between the two especially within the next couple of years!

But lets still remember one thing GM is still the #1 in North America and that will not change for a little while I do not believe.
I think that they had to get in over their heads with selling rather than making vehicles better...they had no other choice. I do believe they are lying in the bed they made concerning the contracts they "gave" to the UAW and such, but I think that their choices were to spend a lot shutting down plants while still paying workers for sitting around or spend a little less while continuing to crank out cars and selling them at a loss. Being stuck in this situation leaves very little room for investments in product development.

we'll have to see how that turns out the next couple years...seeing that GM's dominance is based on gas-guzzling trucks and SUVs while gas prices continue to rise.
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Old 04-24-2007, 05:55 PM
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Originally Posted by mrdeeno
I think that they had to get in over their heads with selling rather than making vehicles better...they had no other choice. I do believe they are lying in the bed they made concerning the contracts they "gave" to the UAW and such, but I think that their choices were to spend a lot shutting down plants while still paying workers for sitting around or spend a little less while continuing to crank out cars and selling them at a loss. Being stuck in this situation leaves very little room for investments in product development.

we'll have to see how that turns out the next couple years...seeing that GM's dominance is based on gas-guzzling trucks and SUVs while gas prices continue to rise.

The UAW contracts were never a choice. If it weren't for the UAW then GM would be doing a lot better. The union has created a strain on US auto manufacturers. At one point in time the union was a great thing and served a purpose. However now they serve only one purpose and that is get paid well to do very little. I think someone making 80K a year to torque lug nuts is a little over paid, it is because of this that puts a huge strain on US manufacturers.

As for the gas guzzling trucks!!! I think you need to compare your specs again because GM has really the most efficient trucks and SUVs if you compare.
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Old 04-24-2007, 07:23 PM
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Originally Posted by peewee5384
The UAW contracts were never a choice. If it weren't for the UAW then GM would be doing a lot better. The union has created a strain on US auto manufacturers. At one point in time the union was a great thing and served a purpose. However now they serve only one purpose and that is get paid well to do very little. I think someone making 80K a year to torque lug nuts is a little over paid, it is because of this that puts a huge strain on US manufacturers.
no, i'm pretty sure they had a choice back before entering contracts, but this was back in the hayday when they were making money and were considered successful...so of course the UAW held out for more back then and the big 3 were ready to give it to them too.

But of course, shortsightedness has led to where they are now.

As for the gas guzzling trucks!!! I think you need to compare your specs again because GM has really the most efficient trucks and SUVs if you compare.
you missed the point. many people buying full size trucks and SUVs don't need full size trucks and SUVs. Once the reality of higher gas prices hits, they won't be moving to more fuel efficient full size trucks or SUVs, they'll be moving away from full size trucks and SUVs simply because they didn't need them in the first place. Being the most fuel efficeint or not, a full size truck or SUV will likely have worse gas mileage than a sedan or mid-size car based SUV.
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Old 04-24-2007, 07:41 PM
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Originally Posted by mrdeeno
no, i'm pretty sure they had a choice back before entering contracts, but this was back in the hayday when they were making money and were considered successful...so of course the UAW held out for more back then and the big 3 were ready to give it to them too.

But of course, shortsightedness has led to where they are now.

you missed the point. many people buying full size trucks and SUVs don't need full size trucks and SUVs. Once the reality of higher gas prices hits, they won't be moving to more fuel efficient full size trucks or SUVs, they'll be moving away from full size trucks and SUVs simply because they didn't need them in the first place. Being the most fuel efficeint or not, a full size truck or SUV will likely have worse gas mileage than a sedan or mid-size car based SUV.
That contracts were renewed way before the "hayday" many times. It is because everytime the UAW contracts were up for renewal they just threaten strike! So they had GM by the balls and took them to a -

Gas prices have been soring for years now and the truck market hasn't been effected hardly. Yeah people who do not need them buy them it is a status thing. Do you honestly think that John Does ego doesn't match is wallet and if his wallet is smaller he will make ends meet anyway he can! Thats what we as americans do, go into debt to keep up with the Jones.

If you think that the majority of people will not do whatever they can to drive what they want you are sorely mistaken.
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Old 04-24-2007, 07:47 PM
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Also what I meant by selling more, I really meant Creating more how many lines does gm owns.

Look at how many vehicles they compete against themsleves for. Yukon = Tahoe, Yukon XL = Suburban, Solstice = Sky, and so on. Instead of making 2- 3 different names of cars why not put those efforts into one finely executed vehicle?
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Old 04-25-2007, 07:06 AM
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Originally Posted by peewee5384
That contracts were renewed way before the "hayday" many times. It is because everytime the UAW contracts were up for renewal they just threaten strike! So they had GM by the balls and took them to a -

Gas prices have been soring for years now and the truck market hasn't been effected hardly. Yeah people who do not need them buy them it is a status thing. Do you honestly think that John Does ego doesn't match is wallet and if his wallet is smaller he will make ends meet anyway he can! Thats what we as americans do, go into debt to keep up with the Jones.
if you go through the sales figures and incentives over the past 5 years, sales of full size trucks and SUVs definitely HAVE been effected by rising gas prices.

If they were "hardly" effected, then GM and others would still be selling full size trucks and SUVs without hefty discounts and incentives, and this is FAR from what is actually happening.


If you think that the majority of people will not do whatever they can to drive what they want you are sorely mistaken.
That is a very bad generalization of the American public. The majority of people will not "do whatever they can to drive what they want". Some people will stretch their means to get into a nicer car, but that is FAR removed from "doing whatever they can" to drive what they want. If the "majority" of people do what they can to drive what they want, then why is the Camry and Accord the best selling cars in the U.S.? These are nice cars that meet people's needs and wants to an extent, but they are far from what people will stretch their means to get.

I know one low income family of 5 (yearly household income less than $30k) that are driving a new Escalade. They fit the definition of doing what they can to drive what they want. But the majority of the public are far from this extreme.

People will try to "keep up with the Jones", but currently the "Jones" are buying more fuel efficient unit-body SUVS like Toyota Highlanders, Honda Pilots, Acura MDX's, BMW X5s, Lexus RX's, etc. So they may still be going into debt, but they are still doing it with vehicles more fuel efficient than full size trucks and SUVs.

Even people who paid $30-40k for cars that get 20-30mpg (Acuras) are complaining about filling up...do you really think this has no effect on their next purchase? I'm not naive enough to think that full size trucks getting 15-20mpg won't have an effect on the owner's next choice of car/truck/suv when people in cars getting 20-30mpg are complaining.
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Old 04-25-2007, 08:51 AM
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Originally Posted by mrdeeno
if you go through the sales figures and incentives over the past 5 years, sales of full size trucks and SUVs definitely HAVE been effected by rising gas prices.

If they were "hardly" effected, then GM and others would still be selling full size trucks and SUVs without hefty discounts and incentives, and this is FAR from what is actually happening.
Hmm lets review

2004 GM Truck sales UP 12.8% SUVs UP 2.5%
2005 GM Truck Sales UP 3.8 % SUVs Down 2.8%
2006 GM Truck Sales Sold over 1 million trucks! also "Best sales month of the year for Cadillac (22,715 vehicles) with a 65 percent increase in truck sales"

Originally Posted by mrdeeno
That is a very bad generalization of the American public. The majority of people will not "do whatever they can to drive what they want". Some people will stretch their means to get into a nicer car, but that is FAR removed from "doing whatever they can" to drive what they want. If the "majority" of people do what they can to drive what they want, then why is the Camry and Accord the best selling cars in the U.S.? These are nice cars that meet people's needs and wants to an extent, but they are far from what people will stretch their means to get.

I know one low income family of 5 (yearly household income less than $30k) that are driving a new Escalade. They fit the definition of doing what they can to drive what they want. But the majority of the public are far from this extreme.

People will try to "keep up with the Jones", but currently the "Jones" are buying more fuel efficient unit-body SUVS like Toyota Highlanders, Honda Pilots, Acura MDX's, BMW X5s, Lexus RX's, etc. So they may still be going into debt, but they are still doing it with vehicles more fuel efficient than full size trucks and SUVs.

Even people who paid $30-40k for cars that get 20-30mpg (Acuras) are complaining about filling up...do you really think this has no effect on their next purchase? I'm not naive enough to think that full size trucks getting 15-20mpg won't have an effect on the owner's next choice of car/truck/suv when people in cars getting 20-30mpg are complaining.

How do you know do you know everyones credit rating that you are around? Do you see what they hold in there checking account? Do you know if they own or lease the vehicle? People who complain about fuel prices going up are the people that don't need to spend 30K - 40K on a vehicle.

These are the people that aren't financially secure enough to handle the influx of our society because they are streched to tightly. Even if they are not stretched to tightly they need to realize that we are the only country that pays as little as $2.67 for fuel right now!!!! I personally feel priviledged to only be paying $2.99 right now for premuim. Give me a break there is a thread on here where someone doesn't want to buy a TL because it takes premium. ARE YOU KIDDING ME an extra $3.00 is going to kill your wallet??????

As for your comment on why people are buying "more fuel efficient SUVs" that is bullshit! Go and compare your specs an Acura MDX gets 1-2 miles more per gallon and has less horsepower and room. You are comparing a midsize SUV to a full size and guess what the full size has MORE to offer!!!!! here is a link tell me I am wrong!

http://autos.msn.com/research/compar...4104&v=t102497

The money you save on the purchase price is you 1-2 mile gas savings!!!!!
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