Toyota's production to PLUMMET 4.5% this year (welcome to #1)

[SuperSS27]

Originally Posted by gaffo

Yes "really"

only one on your list is SMALL - the aveo. And it is stodgy in style and gas mileage is poor for its small size (though in fairness it is a excellent buy for the money, and mechanically decent).

And Toyota only has 1 small Car. The Yaris. And Honda only has 1 car, The Fit. What is your point exactly?

[eurohazard]

Originally Posted by SuperSS27

And Toyota only has 1 small Car. The Yaris. And Honda only has 1 car, The Fit. What is your point exactly?

I think the old Scion xA and xB would qualify. But currently the xB is big, almost Honda Element big.....however the Scion xD I think is Yaris small.

Still, I get your point! It's not like there's SEVERAL models to chose from.

[roteague]

Originally Posted by gaffo

Yes "really"

They all look like small cars to me.

[PhishPhood]

Originally Posted by tom3

A successful company being realistic about coming sales. Rather than build huge numbers of vehicles that will sit on lots for half a year they build what they can sell. And 9.5 million sales is sure not a bad number.

This is a good point. It's one of the reasons why they have such a strong balance sheet. They match production to demand. Their two biggest markets are in recession, demand is off across the board in both NA and Japan. Building units that sit unsold is wrong, wrong, wrong. Building units that have to be discounted heavily deteriorates the value of prior sales and the resulting resales.

It's just bad business to overbuild.

[PhishPhood]

Originally Posted by HoosierRon

Here we have a perfect example of someone who is incapable of imagining that Toyota can do any wrong. The reality (for those of you interested) is that Toyota ALREADY HAS misjudged the market. If Toyota wanted to be realistic about coming sales and not produce a huge number of vehicles that would sit on lot, it would have done this a year ago. It's failure to see what has ALREADY COME shows that it made the same errors as everyone else.



Sounds an awful lot like GM back when it was #1, doesn't it?

It sounds like the truck market sucks for evey maker in it. This is NOT new news. Every maker of trucks got blindsided by the sudden halt in BOF sales. No's 1, 2, 3, 4 and 5 all got hit, nobody was immune. Again this is NOT new news.

[HoosierRon]

Originally Posted by PhishPhood

This is a good point. It's one of the reasons why they have such a strong balance sheet. They match production to demand. Their two biggest markets are in recession, demand is off across the board in both NA and Japan. Building units that sit unsold is wrong, wrong, wrong. Building units that have to be discounted heavily deteriorates the value of prior sales and the resulting resales.

It's just bad business to overbuild.

So why, then, did Toyota overbuild?

[PMC the 1st]

The only small car Toyota doesn't make is the Lexus LS 460. Everything else is small except maybe the Avalon...

[fp115]

Originally Posted by PMC the 1st

The only small car Toyota doesn't make is the Lexus LS 460. Everything else is small except maybe the Avalon...

Tundra, Highlander, Sequoia, Venza, Tacoma, FJ Cruiser, 4Runner, Land Cruiser, Sienna, and Solara. Say what?

[PhishPhood]

Originally Posted by HoosierRon

So why, then, did Toyota overbuild?

As I said earlier none of the BOF vehicle makers saw the cliff. NONE.
The change in consumer buying in NA has shocked everybody. This is not news.

Conversely with 20/20 foresight they and Honda should have built new facilities over the last 2 yrs to make more Corollas, Civics, Prius' etc. This is just normal business situations that Managers have to make adjustments for. Stuff happens.


But as was noted in an earlier post the 'plummet', as you incorrectly characterize it, is actually a mid year adjustment from a forecasted 5% increase in sales to a more realistic 1% increase in sales over 2007. It's an increase - it's not a loss of sales.

[AMERICA 123]

Originally Posted by PhishPhood

As I said earlier none of the BOF vehicle makers saw the cliff. NONE.
The change in consumer buying in NA has shocked everybody. This is not news.

YEP

Conversely with 20/20 foresight they and Honda should have built new facilities over the last 2 yrs to make more Corollas, Civics, Prius' etc. This is just normal business situations that Managers have to make adjustments for.

Ah, there it is - classic Toyota spin technique number 7.

When Honda hands Toyota their ass with anything and everything from boot marks to tire tracks on it - pretend Toyotas doing as well as Honda - and is just as smart and prepared.

NOPE.

Honda is living proof - in spades of just how wrong and how beatable Toyota can be.

But as was noted in an earlier post the 'plummet', as you incorrectly characterize it, is actually a mid year adjustment from a forecasted 5% increase in sales to a more realistic 1% increase in sales over 2007. It's an increase - it's not a loss of sales.

More importantly its a huge loss of momentum - that Nissan, Hyundai and most especially Honda are not experiencing - along with a bunch of Europeans as well.

Oh, and I guess the on going meltdown by Lexus everywhere and Toyota in Europe was already all figured in......or else somebody is BSing somebody somewhere about exactly how the reductions are expected to occur where.

BTW, do you think trading Lexus and large vehicle volume for Yaris sales is going to positively or negatively effect their bottomline - big time negative ..... or big time positive ???

Outside of our Domestic three in NA only - who exactly is slowing down faster than Toyota ????

Face it, without the Yen subsidy and all the other unlevel playing field issues - Toyota would be right there with Chrysler as far as 'bad' news goes.

Finally, who exactly is suffering qualitative losses - WITHIN THEIR VOLUME as bad or worse - no need to exclude Chrysler on that one.

[AMERICA 123]

Originally Posted by SuperSS27

And Toyota only has 1 small Car. The Yaris. And Honda only has 1 car, The Fit. What is your point exactly?

Hell, by JDM standards the Toyota brand has none - that's all left up to Daihatsu.

Toyota (brand) doesn't include a Kei class/size product - which is back to being 6 out of 10 of the best seller slots.

You know what they should do - in NA ???

Drop everything except the Yaris, Camry,Corolla, and maybe the Matrix.

Keep the Pri - as the now money losing ( again ) green poster child.

Obviously, Toyota needs to integrate their NA operations with the rest of the world just as much as GM and Ford - for pretty much the same reasons.

No way they're going to see that 10% profitability target.

[AkSean]

The Associated Press


DETROIT - General Motors told dealers Monday that it plans to raise prices on 2009 models by an average of 3.5 percent despite a tough market that is forcing the automaker to cut production and discount its 2008 models.
The increases will amount to about $1,000 per vehicle. GM already had increased the prices of its 2008 vehicles twice because of rising commodity costs. GM also said it will further cut SUV and truck production, and will run a sale through June 30 to help clear out high inventories of 2008 pickups, SUVs and larger cars. The sale includes 0 percent financing for as long as 72 months.





So America123 who would you say is in more trouble? You really should fix your own windows, before you start throwing rocks at others. Here is Toyota's.



07/25/2008
July 25, 2008 - Torrance, CA - Toyota Motor Sales (TMS), U.S.A., Inc., announced new manufacturer's suggested retail prices (MSRP) today for 13 select 2009 Toyota and Scion vehicles. The overall average MSRP for the 13 models increases by $181, or 0.81 percent.

[PhishPhood]

Originally Posted by AkSean

The Associated Press


DETROIT - General Motors told dealers Monday that it plans to raise prices on 2009 models by an average of 3.5 percent despite a tough market that is forcing the automaker to cut production and discount its 2008 models.
The increases will amount to about $1,000 per vehicle. GM already had increased the prices of its 2008 vehicles twice because of rising commodity costs. GM also said it will further cut SUV and truck production, and will run a sale through June 30 to help clear out high inventories of 2008 pickups, SUVs and larger cars. The sale includes 0 percent financing for as long as 72 months.





So America123 who would you say is in more trouble? You really should fix your own windows, before you start throwing rocks at others. Here is Toyota's.



07/25/2008
July 25, 2008 - Torrance, CA - Toyota Motor Sales (TMS), U.S.A., Inc., announced new manufacturer's suggested retail prices (MSRP) today for 13 select 2009 Toyota and Scion vehicles. The overall average MSRP for the 13 models increases by $181, or 0.81 percent.

The key point remains that one company has no debt, a pristine Balance Sheet and expects to increase sales this year in a down market.

The other company....General Motors expects to post a massive 2nd quarter loss on Friday.... is in survival mode.

[AkSean]

Originally Posted by PhishPhood

The key point remains that one company has no debt, a pristine Balance Sheet and expects to increase sales this year in a down market.

The other company....General Motors expects to post a massive 2nd quarter loss on Friday.... is in survival mode.

You couldn't be MORE right. One poster here put it the best when he said "It's like a homeless man laughing at someone for getting their wallet stolen".

[PMC the 1st]

Originally Posted by PhishPhood

The key point remains that one company has no debt, a pristine Balance Sheet and expects to increase sales this year in a down market.

The other company....General Motors expects to post a massive 2nd quarter loss on Friday.... is in survival mode.

KitchenAid doesn't have any debt and a good balance sheet. So what?