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Although Toyota’s sales program has managed to buoy sales, some analysts see the program as a temporary prop, with sales likely to see a dramatic decrease once incentives are reduced. “The deck has been reshuffled,” said James Bell, an analyst with Kelley Blue Book. “There’s permanent damage there. It’s not fatal, but it changes the game. This makes Toyota compete in a way they haven’t in 25 years.”
As I said when this 0% financing event began, Toyota is repeating the same mistakes GM made a couple years ago. After two or three months of nasty sales figures, they will hop back on the incentives train and the cycle will begin anew.
The speculation will most likely be true with the headlines that keep showing up in the news:
NEW YORK (CNNMoney.com) -- The National Highway Traffic Safety Administration is launching an investigation into whether Toyota Motor Co. delayed telling investigators in 2005 that a known defect on compact trucks in Japan was also a problem in the United States. ..........
Continued at: NHTSA: Toyota may have withheld info on recall - May. 10, 2010
Ahhh, good to see Toyota writhing around like a slug that has been sprinkled with salt. The true nature of their business is finally catching up with them.
Ahhh, good to see Toyota writhing around like a slug that has been sprinkled with salt. The true nature of their business is finally catching up with them.
Why is it good? How does it benefit you in anyway if you weren't going to purchase their products anyway? If anything, reduced competition just makes the cars you really want more expensive.
all the the carmakers that get to the #1 spot all seem to make the same mistake is they grow and up production numbers while quality drops and it comes and bites them in the butt. They also lose touch with the market base and what people want toyota went and built a bunch of plain jane cars that have no excitment to them much like GM had 10 years ago when most brands had the same corporate design just a diffrent grille. pretty much being the #1 auto maker is bad for business when the bean counters take over.
Why is it good? How does it benefit you in anyway if you weren't going to purchase their products anyway? If anything, reduced competition just makes the cars you really want more expensive.
That said, Toyota isn't going anywhere.
Never said I wouldn't purchase their products nor did I say that they should go somewhere. If anything this is good for bleeding heart Toyota fans as their company will now have to strive to truly provide the best product for the average consumer... something they haven't done since the 90's IMO.
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