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Toyota, Ford and GM Fight for Midsize Truck Dominance; Base Ranger Gets 24% $ Increase

1502 Views 33 Replies 17 Participants Last post by  FenwickHockey65
Bloomberg News
May 24, 2023


Photo Credit: General Motors Corporation. 2024 Chevrolet Colorado

The Tacoma, known as the Taco to its legions of loyalists, is the leader of the pack in midsize pickups, one of the fastest-growing auto markets of the past decade. With outdoorsy weekend warriors and do-it-yourselfers looking for a truck that could fit in their garage, sales of midsize pickups more than doubled from 2010 to 2020. General Motors and Ford Motor, which abandoned the market segment when sales slowed early this century, returned with new trucks to take on the Tacoma, which has dominated the medium truck market for almost two decades.

Although Car and Driver magazine predicts that the most lushly appointed versions of the new Taco could approach $50,000 (prices won’t be announced until later this year), Toyota insists it isn’t backing away from budget buyers even as it rolls out fancier trucks. The current Tacoma starts at $28,030, and the company says affordability is critical to its success. In fact, Toyota will continue to offer the Taco with an old-school stick shift. The Tacoma controls 42% of the midsize truck market and outsells Ford’s offering 4 to 1. That’s a role reversal from the full-size pickup market, where Ford’s F-Series has ruled the road for 46 years.

Tacoma sales in the US surpassed 237,000 last year, more than twice the number of GM’s No. 2-ranked Chevrolet Colorado, according to consultant LMC Automotive. But as growth in the overall segment slows, the midsize market is developing into more of a turf war, with manufacturers vying for the sweetest highest-margin spots.

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Enough.

It's time to end Taco Tuesdays.

Go Colorado, Go Canyon , Go Ranger.
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Game on for Toyota, GM, and Ford. Will Nissan still be in the game with its Frontier? And Honda with its Ridgeline?
Game on for Toyota, GM, and Ford. Will Nissan still be in the game with its Frontier? And Honda with its Ridgeline?
Does the Ridgeline even count? LOL It's a Passport with a butt-tuck.
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Does the Ridgeline even count? LOL It's a Passport with a butt-tuck.
They may be content with what they have. They are not getting into the heavy duty biz, just a line extension. They are a not a large company
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Hmmmm.....can't read the article. Does it say why the base Ranger is going up 24%? That's a pretty big, no, HUGE, jump so I hope there is some extra equipment to justify that price increase. Jumping from $27,400 to $32,565 is a big ask for essentially the same truck. Yes, sure, improved and all that but $5,000+ is a lot.
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The only ones I would consider would be the Colorado ZR2 and the Tacoma TRD Pro, they look the best. The problem is I live in Western Colorado where every granola eater drives a Tacoma or a Subaru station wagon, so that hideous front air dam on all the lower trim Tacos will pollute the streets here.
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The only ones I would consider would be the Colorado ZR2 and the Tacoma TRD Pro, they look the best. The problem is I live in Western Colorado where every granola eater drives a Tacoma or a Subaru station wagon, so that hideous front air dam on all the lower trim Tacos will pollute the streets here.
Might want to start thinking of those air-goddamn-that's-huge as freelance snow plows.
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I mean you probably won't see many Tacomas with the air dam. Snow or parking blocks will just rip them all off eventually.
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Does it say why the base Ranger is going up 24%? That's a pretty big, no, HUGE, jump so I hope there is some extra equipment to justify that price increase. Jumping from $27,400 to $32,565 is a big ask for essentially the same truck. Yes, sure, improved and all that but $5,000+ is a lot.
If the Bloomberg article (I can't access it either) does indeed state that the price of a base Ranger is up 24%, that's somewhat misleading. For MY 2023, the "base" Ranger for the U.S. market is an XL 2WD Supercab. For MY 2024 (at least at initial product launch), the "base" Ranger is an STX SuperCrew.

MSRP for 2023 Ranger STX SuperCrew is $33,955. MSRP for 2024 Ranger STX SuperCrew is $34,160 - an increase of less than 1%.
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Is the Taco built in Mexico? If not calling the Taco is cultural appropriation! LOL
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Is the Taco built in Mexico? If not calling the Taco is cultural appropriation! LOL
+1
Yup, assembly locations for Toyota Tacoma are in Mexico exclusively: TMMGT in Guanajuato, and TMMBC in Baja California.

Incidentally, Mexico is one of the few places in the world where Toyota markets both Tacoma and Hilux:

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I really think GM should find a way to put the 3.0 duramax in the midsizers. It would truly set them apart.
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Does the Ridgeline even count? LOL It's a Passport with a butt-tuck.
I dont know about the new Honda trucks and SUVs but if you go back to the last 2 Pilots they were build by Nissan or alongside the Xterra and very few changes were made to make it a Honda! But the Ridgeline I believe is built alongside the Frontier. So if Nissan ditches the Frontier then who will build the Ridgeline for Honda?
Hmmmm.....can't read the article. Does it say why the base Ranger is going up 24%? That's a pretty big, no, HUGE, jump so I hope there is some extra equipment to justify that price increase. Jumping from $27,400 to $32,565 is a big ask for essentially the same truck. Yes, sure, improved and all that but $5,000+ is a lot.
Wondering if it is a true increase (meaning every Ranger model will be 24% higher, or are they just cutting out the entry level version. I'm thinking they are cutting out the entry level version.
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I'm thinking they are cutting out the entry level version.
That's exactly correct BlackGTP. I added clarifying details in post #10.
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Wondering if it is a true increase (meaning every Ranger model will be 24% higher, or are they just cutting out the entry level version. I'm thinking they are cutting out the entry level version.
Ah, that makes cents.....er, dollars.....
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That's exactly correct BlackGTP. I added clarifying details in post #10.
I saw that - I responded before I saw your post - DOH! :D
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I dont know about the new Honda trucks and SUVs but if you go back to the last 2 Pilots they were build by Nissan or alongside the Xterra and very few changes were made to make it a Honda! But the Ridgeline I believe is built alongside the Frontier. So if Nissan ditches the Frontier then who will build the Ridgeline for Honda?
What are you talking about? Literally none of this is correct. Pilots have nothing to do with Nissans, nor have they ever.
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I dont know about the new Honda trucks and SUVs but if you go back to the last 2 Pilots they were build by Nissan or alongside the Xterra and very few changes were made to make it a Honda! But the Ridgeline I believe is built alongside the Frontier. So if Nissan ditches the Frontier then who will build the Ridgeline for Honda?
The 1st and 2nd gen PASSPORT were rebadged Isuzu Rodeos, but the Pilot/Ridgeline are solely Hondas. Nissan has never shared the Frontier/Xterra with anyone.
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