GM Inside News Forum - View Single Post - Asian Automakers See Sales Drops, Profits Squeezed

**zete** · 08-01-2008, 01:18 PM

What's most interesting to me is the collapse of Lexus. The truck collapse is universal, but what's up with Lexus? It's cars and trucks!

This drop just shows that Toyota can try to spin this but they didn't see the price of fuel going up, don't have small cars to sell, and are stuck with vehicles no one wants -- like SUVs and trucks.

For dropped less than Toyota, which is rather surprising.

08-01-2008, 01:18 PM	#13 (permalink)
zete GMI Staff Member Join Date: Dec 2005 Location: NCR, Great White North Posts: 5,304	Re: Toyota July 2008: Third Month In A Row Below Analysts Expectations What's most interesting to me is the collapse of Lexus. The truck collapse is universal, but what's up with Lexus? It's cars and trucks! This drop just shows that Toyota can try to spin this but they didn't see the price of fuel going up, don't have small cars to sell, and are stuck with vehicles no one wants -- like SUVs and trucks. For dropped less than Toyota, which is rather surprising.