Posted in Automotive, Toyota on May 12th, 2008
Toyota’s plans for a new assembly plant being built in Blue Springs, Miss., are now delayed because of concerns about slow U.S. auto sales and a general slow economy. The plant was slated to open by late 2009 or early 2010, but will now be pushed back to mid-2010, reports the AP. The automaker is […]
Posted in Automotive, Toyota on May 8th, 2008
The world’s second largest automaker, Toyota, announced a 28 percent decline in profits for the January to March quarter, compared to last year, reports the Detroit News and the Associated Press. Causes for the Japanese automaker’s profit drop include sluggish North American sales and a strengthening yen. On Thursday, Toyota said it expects its net […]
Posted in Automotive, Financing, Lexus, Price increase, Toyota on May 7th, 2008
Toyota is raising the prices of some of its models to help increase profits in the U.S. market, which is experiencing slow auto sales overall. The increased prices will begin in the middle of May. The 2008 Toyota Yaris sedan will go up $200 to $12,425, the 2009 Camry will go up $200 to $18,920 […]
Posted in Automotive, Recalls, SUV, Toyota on May 5th, 2008
Toyota is recalling about 90,000 Highlander SUV’s in the U.S. There is a potential problem with the seat belt in a third-row seat. The seat belt might not properly secure a rear-facing child seat. Toyota spokesman Bill Kwong said Friday the company had issued a stop sale of the 2008 Highlander SUV and hybrid version […]
Posted in Automotive, Chrysler, Financing, Ford, Gas Prices, GM, Honda, Nissan, SUV, Toyota, Trucks on May 2nd, 2008
Throughout the month of April, consumers traded in their gas-sucking SUV’s and trucks for smaller, more fuel-efficient cars. Even with a slow economy, there’s no surprise that we’re seeing this trend of people who are buying smaller vehicles that cost less to fill up the tank. Toyota, Nissan and Honda, all popular manufacturers of smaller, […]
Posted in Automotive, Inventory, Toyota on Apr 28th, 2008
Automotive News reported today that Toyota and Scion inventories are at a record high because the company misjudged the level of decline of the U.S. market. There are about 376,000 units in dealership stock, including vehicles on their way to the dealers. This is about 100,000 more units than were at dealers last summer. Apparently, […]
Posted in Car Budget, Cars For Commuting, Cost of Ownership, Honda, Hybrids, Toyota on Mar 20th, 2008
I have started to look at replacing an Acura I have that comes off a lease soon. Given it is my wife’s car she wants another mid-size car to move the family around. But she added that special phrase we all hear nowadays, “I want to save money on gas.” Well, this seems like a […]
Posted in Automotive, Ford, Toyota on Mar 13th, 2008
Toyota has announced a cutback on production of the Toyota Tundra and Seqouia models starting this spring. This follows a similar anouncement by Ford to cut back on pick up production last week. These type of announcements will no doubt continue as the American consumer feels pressure with their monthly budgets. With economic incentives and tax […]
Posted in car buying incentives, Financing, Ford, Incentives, Toyota on Mar 3rd, 2008
Today both Ford and Toyota have reported that sales in February were down. Ford was down 6.9% and even the F Sereis pick up was down, Ford’s big selling product. Toyota wasn’t much better, down 2.8%. Toyota Corolla sales dropped the most for them. The good news as you will see in an article in […]
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