Toyota to raise prices out of consideration for U.S. car makers

"Toyota Motor Corp. is preparing to raise prices of its new cars in the
United States by an average 2 percent to 3 percent in October out of
consideration to its struggling U.S. rivals, the Asahi daily said on
Friday."
[url]http://news.yahoo.com/s/nm/20050610/bs_nm/autos_japan_toyota_dc[/url]

This article cracked me up. "Out of consideration"... nice spin. Maybe
they can buy some of GM and Ford junk bonds to prop them up too. =)

If you knew anything about the bond market you would know BBB
bonds would be a good investment at this time. GM and Ford stock
would be an even better place to invests some money right now.


mike hunt



Bucky wrote:[color=blue]
>
> "Toyota Motor Corp. is preparing to raise prices of its new cars in the
> United States by an average 2 percent to 3 percent in October out of
> consideration to its struggling U.S. rivals, the Asahi daily said on
> Friday."
> [url]http://news.yahoo.com/s/nm/20050610/bs_nm/autos_japan_toyota_dc[/url]
>
> This article cracked me up. "Out of consideration"... nice spin. Maybe
> they can buy some of GM and Ford junk bonds to prop them up too. =)[/color]

<BigJohnson@mailcity.com> wrote in message
news:42AA09BA.7788F25E@mailcity.com...[color=blue]
> If you knew anything about the bond market you would know BBB
> bonds would be a good investment at this time. GM and Ford stock
> would be an even better place to invests some money right now.
>
>
> mike hunt
>[/color]
Unless they declare bankruptcy to get rid of their pension plans like
United.

You must read one of the Tribune newspapers, if you think that.
That's not going to happen. The UAW will do what it takes just
like the did with Chrysler thirty year ago. ;)


mike hunt



Mark A wrote:[color=blue]
>
> <BigJohnson@mailcity.com> wrote in message
> news:42AA09BA.7788F25E@mailcity.com...[color=green]
> > If you knew anything about the bond market you would know BBB
> > bonds would be a good investment at this time. GM and Ford stock
> > would be an even better place to invests some money right now.
> >
> >
> > mike hunt
> >[/color]
> Unless they declare bankruptcy to get rid of their pension plans like
> United.[/color]

In article <42AA09BA.7788F25E@mailcity.com>, [email]BigJohnson@mailcity.com[/email]
wrote:
[color=blue]
> If you knew anything about the bond market you would know BBB
> bonds would be a good investment at this time. GM and Ford stock
> would be an even better place to invests some money right now.
>
>
> mike hunt[/color]


Actually looks like about +7 or so % from the start of the new year.
Can't beat that with a S&P500 which is down about -1 %, LOL. Money
market has started a slow rise, I'm getting 2 % now.

Bond funds are doing quite well in what I call a bear market.

One has to have guts and some money to blow to invest in Ford and GM,
but long term it's a no brainer.
[color=blue]
>
>
>
> Bucky wrote:[color=green]
> >
> > "Toyota Motor Corp. is preparing to raise prices of its new cars in the
> > United States by an average 2 percent to 3 percent in October out of
> > consideration to its struggling U.S. rivals, the Asahi daily said on
> > Friday."
> > [url]http://news.yahoo.com/s/nm/20050610/bs_nm/autos_japan_toyota_dc[/url]
> >
> > This article cracked me up. "Out of consideration"... nice spin. Maybe
> > they can buy some of GM and Ford junk bonds to prop them up too. =)[/color][/color]
--

We can expect stupid comments on GM position from the Toyota
fanatics in the NGs. They are not exactly Rhodes Scholars or
they would not be paying way too much for their under powered
over rated cars. ;)

GM stock price rose 7% from the price I paid just two weeks ago.
Institutions that can not hold BBB are dumping them
at 77C on the dollar that makes them a great buy, as well,
as we speak. GM is not going away any more than Ford did five
years ago when the Australian blew too much of its capital buying
depressed European brands


mike hunt




Dbu~^ wrote:[color=blue]
>
> In article <42AA09BA.7788F25E@mailcity.com>, [email]BigJohnson@mailcity.com[/email]
> wrote:
>[color=green]
> > If you knew anything about the bond market you would know BBB
> > bonds would be a good investment at this time. GM and Ford stock
> > would be an even better place to invests some money right now.
> >
> >
> > mike hunt[/color]
>
> Actually looks like about +7 or so % from the start of the new year.
> Can't beat that with a S&P500 which is down about -1 %, LOL. Money
> market has started a slow rise, I'm getting 2 % now.
>
> Bond funds are doing quite well in what I call a bear market.
>
> One has to have guts and some money to blow to invest in Ford and GM,
> but long term it's a no brainer.
>[color=green]
> >
> >
> >
> > Bucky wrote:[color=darkred]
> > >
> > > "Toyota Motor Corp. is preparing to raise prices of its new cars in the
> > > United States by an average 2 percent to 3 percent in October out of
> > > consideration to its struggling U.S. rivals, the Asahi daily said on
> > > Friday."
> > > [url]http://news.yahoo.com/s/nm/20050610/bs_nm/autos_japan_toyota_dc[/url]
> > >
> > > This article cracked me up. "Out of consideration"... nice spin. Maybe
> > > they can buy some of GM and Ford junk bonds to prop them up too. =)[/color][/color]
> --
>[/color]

Dbu~^ wrote:[color=blue]
> Can't beat that with a S&P500 which is down about -1 %, LOL. Money
> market has started a slow rise, I'm getting 2 % now.[/color]

Get 3.25%, FDIC insured.

[url]www.emigrant-direct.com[/url]

Travis Jordan wrote:[color=blue]
> Dbu~^ wrote:[color=green]
> > Can't beat that with a S&P500 which is down about -1 %, LOL. Money
> > market has started a slow rise, I'm getting 2 % now.[/color]
>
> Get 3.25%, FDIC insured.
>[/color]

I get 2.75% from NetBank
[color=blue]
> [url]www.emigrant-direct.com[/url][/color]

On Fri, 10 Jun 2005 20:26:50 -0400, [email]MikeHunt2@mailcity.com[/email] wrote:
[color=blue]
>We can expect stupid comments on GM position from the Toyota
>fanatics in the NGs. They are not exactly Rhodes Scholars or
>they would not be paying way too much for their under powered
>over rated cars. ;)
>
>GM stock price rose 7% from the price I paid just two weeks ago.
>Institutions that can not hold BBB are dumping them
>at 77C on the dollar that makes them a great buy, as well,
>as we speak. GM is not going away any more than Ford did five
>years ago when the Australian blew too much of its capital buying
>depressed European brands
>
>
>mike hunt
>[/color]

Actually, you're the imbecile. You're the one who pays for overweight
and technologically challenged vehicles. You're such fans of them yet
you hang out at a newsgroup that is obviously for Toyota fans. It's
like a Miami Dophin fan hanging out at a bar when it is full of
Buffalo Bills fans. That person is the type that is looking to pick a
fight intentionally. You spread lies here as if you think that you're
being pernicious to people's loyalty to the brand. If you truly think
that, then you're the one who isn't exactly a Rhode Scholar.

Look at the market capitalization of Toyota as compared to Ford or GM.
Toyota could actually buyout GM, but it would lower its own stock price.

BRaymond wrote:[color=blue]
> Toyota could actually buyout GM, but it would lower its own stock price.[/color]

Of course Toyota could buy out GM... but why would they want to do
that?

GM's market cap is so low, they could could buy themselves out. ($20B
market cap compared to $300B debt).

In article <1118644454.677503.145330@o13g2000cwo.googlegroups.com>, "Bucky" <uw_badgers@email.com> wrote:
[color=blue]
>GM's market cap is so low, they could could buy themselves out. ($20B
>market cap compared to $300B debt).[/color]

The $30B is an over-hyped on generally misunderstood number. The
vast majority, about 90%, is from the credit company, GMAC.
Anyone know how much debt the other leading loan companies hold?
And how GM's $30B of auto company debt compares to any other auto
company's?

I don't think that debt is much of an issue. The real issue is
the long-term retiree and worker obligations compared to their
current and future market share. And even there, I suspect that
the present crisis is somewhat media overblown. Just MHO.

In Japan a company can not be owned by a foreign corporation. ;)


mike hunt



BRaymond wrote:[color=blue]
>
> Look at the market capitalization of Toyota as compared to Ford or GM.
> Toyota could actually buyout GM, but it would lower its own stock price.[/color]

<MikeHunt2@mailcity.com> wrote in message
news:42AA2FCA.2D9BC998@mailcity.com...[color=blue]
> We can expect stupid comments on GM position from the Toyota
> fanatics in the NGs.[/color]

Well, I'm reading this in alt.autos.toyota, so I'd expect at least one or
two Toyota fans. Complaining about it would be rather stupid.
[color=blue]
> They are not exactly Rhodes Scholars or
> they would not be paying way too much for their under powered
> over rated cars. ;)[/color]

Our 2001 Sienna has more power (210 hp) and equal or better torque (220
ft-lbs) than the newest 2005 Chevy Venture (185/210) or the brand-new
Uplander (200/220).

By the specs, at 3690 lbs with 210 hp vs 3838 lbs, the Sienna has 17.6 lbs
to move per hp. The Venture has to push 20.7 lbs with each hp. The
Uplander, at 4470 lbs, has to haul around 22.35 lbs per hp.

Which one's underpowered?

The numbers alone probably don't tell the entire performance story; the 4
year old Toyota has double-overhead cams with variable valve tming, where
Chevy's latest have basic pushrod motors. The Sienna appears to have a very
broad torque curve, the takeoff is very impressive for a minivan. That was
the first thing I noticed when I test-drove it.

A comparably equipped Venture was listed for about the same as our Sienna
when we bought it. The Chryslers we looked at were typically more. Which
vehicle is worth more now? The Sienna by $5,000.

Who's paying too much?
[color=blue]
>
> GM stock price rose 7% from the price I paid just two weeks ago.
> Institutions that can not hold BBB are dumping them
> at 77C on the dollar that makes them a great buy, as well,
> as we speak. GM is not going away any more than Ford did five
> years ago when the Australian blew too much of its capital buying
> depressed European brands
>
>
> mike hunt[/color]

You might be right but any time you buy a company that's actually losing
money, you're taking on an increased element of risk. GM might be a good
buy in the long run if they've got some strategy for making money that goes
beyond beating up the labor force on costs. Can they bring products to
market that people are going to want to buy and buy at good prices?

Let's look at Cherolet... Some may like it, for instance, but that Uplander
looks just plain ugly to me. Ditto for the Malibu Maxx. They call that a
wagon? Are they nuts?

Is their only convertible the Corvette? A convertible can bring people in
to the showroom but how much pull does it have for your Cobalt market if
your convertible is $52K? Does that SSR thing really count? Only holds
two. Looks like it has all the utility of a Mazda Miata with none of
Miata's pizazz - or owner loyalty. Does the demise of the Prowler suggest
only a limited total retro market?

When's their first hybrid due out? That could be a profitable, high-margin
vehicle for them, if they can bring it to market soon, before the market's
saturated and they'll have to keep warrranty costs under control.

On Mon, 13 Jun 2005 11:48:07 -0500, "DH" <DH@stargate.nospam.com>
wrote:
[color=blue]
>A comparably equipped Venture was listed for about the same as our Sienna
>when we bought it. The Chryslers we looked at were typically more. Which
>vehicle is worth more now? The Sienna by $5,000.
>
>Who's paying too much?[/color]


.....and which one is still running?


--

Scott in Florida