Toyota down 4%, GM even, Ford down 21%, honda up 9.4%

toyotafanfan
10-02-2007, 03:09 PM
http://money.cnn.com/2007/10/02/news/companies/autosales/?postversion=2007100214

GM sales edge up, Ford plummets

U.S. auto sales were weak in September as automakers report mixed results.

October 2 2007: 2:19 PM EDT

NEW YORK (CNNMoney.com) -- Overall U.S. auto sales were soft in September, as results ranged from a jump at Honda Motor to falling off a cliff at Ford Motor.
General Motors (http://money.cnn.com/quote/quote.html?symb=GM&source=story_quote_link) (Charts (http://money.cnn.com/quote/chart/chart.html?symb=GM&source=story_charts_link), Fortune 500 (http://money.cnn.com/magazines/fortune/fortune500/2007/snapshots/563.html?source=story_f500_link)), which weathered a two-day strike by the United Auto Workers union during the month without much of a disruption in sales, saw its overall sales of cars and light trucks edge up 0.3 percent in September. When adjusted for one fewer sales day this year, the company saw its daily sales rate climb 4 percent.









Light trucks, which include pickups, SUV's and so-called crossover vehicles, posted a solid 3.6 percent gain in absolute sales, which equates to nearly an 8 percent rise in its daily sales rate.
Toyota (http://money.cnn.com/quote/quote.html?symb=TM&source=story_quote_link) (Charts (http://money.cnn.com/quote/chart/chart.html?symb=TM&source=story_charts_link)), which last month moved past Ford Motor to become the No. 2 automaker in terms of U.S. sales, saw its sales fall 4 percent from year ago levels as it posted a narrow decline in its daily sales rate. That result contrasted with Japanese rival Honda Motor (http://money.cnn.com/quote/quote.html?symb=HMC&source=story_quote_link) (Charts (http://money.cnn.com/quote/chart/chart.html?symb=HMC&source=story_charts_link)), where sales jumped 9.4 percent.
On the other extreme, Ford Motor (http://money.cnn.com/quote/quote.html?symb=F&source=story_quote_link) (Charts (http://money.cnn.com/quote/chart/chart.html?symb=F&source=story_charts_link), Fortune 500 (http://money.cnn.com/magazines/fortune/fortune500/2007/snapshots/529.html?source=story_f500_link)) saw sales plummet more than 20 percent in September, as the embattled U.S. automaker continues to lose market share.
The company saw sales of light trucks, fall 9 percent, while the sale of car models plunged 38.9 percent. The decline was widespread across its brand, with only Lincoln and Land Rover posting a sales gain.
Even with the decline in sales at Toyota, the Japanese automaker stayed ahead of Ford's weak sales results.
Industry experts said subprime mortgage problems cut into demand for auto sales in September, as some potential buyers put sales on hold due to concerns about the economy and their home values.
"Under the circumstances, I think the industry parred a difficult hole in September, even though it was below trend," said George Pipas, Ford's director of sales analysis, although he conceded that as far as Ford's sales went, "I don't think we were quite up to par." http://i.cnn.net/money/images/bug.gif (http://money.cnn.com/2007/10/02/news/companies/autosales/?postversion=2007100214#TOP)

engineer
10-02-2007, 03:54 PM
Only 25 selling days this Sept, vs 26 last Sept. . . . Adjusted, Toyota sales were only down 0.6%.

Honda up 9.4%, driven mostly by the new Accord and CR-V. Who would have thought so many people were waiting on the new Accord. . . . .ugly styling and all.

toyotafanfan
10-02-2007, 07:01 PM
Only 25 selling days this Sept, vs 26 last Sept. . . . Adjusted, Toyota sales were only down 0.6%.

Honda up 9.4%, driven mostly by the new Accord and CR-V. Who would have thought so many people were waiting on the new Accord. . . . .ugly styling and all.

I'm not a fan of it either, but it's got a hardcore following.

Fan

100$ GUY
10-03-2007, 01:09 AM
Adjusted numbers are as follow.....

toyota down 0.6 %
GM UP 3.8%
Honda up 13.8%
Ford down 21%

Ford is definitely having a very rough time :ugh3:
Honda success with the fugly accord, well, so be it...
GM strong sales from the all new CTS and pickup truck sales up 7.7%
Toyota , well, second month in a row, of....u know

100$ GUY
10-03-2007, 01:13 AM
For me, the one thing that really :eek: is seeing sales from the all new highlander.... WOW, once again down!!! and this time, down an amazing
27.3% , What the hell is going on?? :confused:

Yaris, second month in a row down , this time a 17.8% :hammer:

Corolla, of course down, but still great numbers , plus 29000

Camry, what the heck, up 9.9%! ;)

Prius fever keeps on going, up 23.8% :naughty:

corolla1
10-03-2007, 02:12 AM
corolla once again outsells civic- 29,000 to 24,000.:)
camry 40,000, accord 35,000.:)

Blah!
10-03-2007, 08:07 AM
For me, the one thing that really :eek: is seeing sales from the all new highlander.... WOW, once again down!!! and this time, down an amazing
27.3% , What the hell is going on?? :confused:

That's because it is FUGLY.

I am a big fan of Toyota, but this one makes me :barf:. I was expecting something much nicer when they anounced the redesign; I actually wanted to buy one, until I saw it at the Chicago auto show last winter. Both myself and my wife stood in front of it for 10-15 seconds and thought: No way!

I guess we are not the only ones...

engineer
10-03-2007, 08:40 AM
The Highlander really is an ugly vehicle. . . .It's too soft, and has too many body lines, IMO. I guess it's sales speak for themselves though.

http://subscribers.wardsauto.com/images/2007/02/toyota-highlander-2008.jpg

CheeseHead91182
10-03-2007, 08:49 AM
I think that the design of the Highlander has nothing to do with its lack of sales. Its the fact that you can get a Sienna for a lower price, more space and better milage. SUV's are nothing but a fashion statement, and there only practical use is off roading which the average person doesn't do. The SUV craze is over and consumers are finally waking up and choosing their vehicles based on substance over style. Honestly I think Toyota should drop the Landcruiser, Sequoia, and 4runner because I don't think those vehicles are going to make them money anymore.

engineer
10-03-2007, 10:26 AM
CheeseHead, what are you talking about. The Highlander may be called an SUV, but it fits squarely in the Midsize Crossover market (or CUV), which if you haven’t noticed, is BOOMING!!! The Highlander, like most Crossovers, are not intended (or marketed) as "offroad" SUV's, but rather "tall cars" with great on-road manners. Other than it's looks, the Highlander seems to be on par with the other Midsized/Large crossovers out there. . . . it's just getting whooped in sales because it's ugly. . . .

CX-9
Acadia
Outlook
Enclave
Tribeca
Pilot
MDX
Q7
XL-7

These are just a few of the NEW Mid/Large CUV's that have come out in the last year. . . . Again, the CUV market is booming, the midsized SUV market is dying (see 4runner sales, down 18.8% YTD).

And as far as the minivan market. . . .it's been dying for years now.

Sienna -11% YTD
Odysse -10% YTD
Caravan/T&C -28% YTD
Quest -7% YTD

Most people would rather have a stylish CUV than a handy minivan. A CUV does 90% of what a minivan does, and looks better doing it. . . . Most CUV's get as good (or better)mpg as a minivan as well. Sienna gets 17/23 mpg vs these CUV's:

CX-9 16/22
Highlander 18/24
Acadia/Outlook/Enclave 16/24
Tribeca 16/21
Pilot 16/22

CheeseHead91182
10-03-2007, 11:25 AM
I may have been wrong about MPG but the price is sure a big difference, the highlander is expensive, you can get a Sienna for cheaper. The Edge and GMU Crossovers are expensive and they have no minivans so they are the only alternative to a traditional SUV

ECHOKnight2000
10-03-2007, 03:41 PM
Yeah, the Mini Van market has been in decline for quite sometime. Also in the U.S. there is this stigma with mini vans so...but with CUVs its the "in" thing so more people are switching over to that. CUVs are pretty much mini vans but no sliding door and lack of the name mini van. Its still a legit market as I see tons of them but its not a growing one.

100$ GUY
10-04-2007, 01:37 PM
Im sure for toyota this was a big surprise, and a even bigger dissapointment! Highlander been all new and all that, too much to handle!
I wonder, will the sales recover??

100$ GUY
10-04-2007, 01:49 PM
OK, reason why the highlander sales are way down is clear....ugly LOOKS

But what about Yaris going down second month in a row....and big numbers .....:confused:

91MR2quickNA
10-04-2007, 03:58 PM
The 2nd gen Highlander hasn't been out long enough to justify it as a failure. 6 months is usually the time it takes for a vehicle to become noticed in the marketplace, unless it's extensively marketed and hyped. People said the same thing of the Tundra when it first came out, and now look. Production is still ramping up. They can't count deposits as sales for the Highlander people are waiting for.

EchoHoLiK
10-04-2007, 08:19 PM
The 2nd gen Highlander hasn't been out long enough to justify it as a failure. 6 months is usually the time it takes for a vehicle to become noticed in the marketplace, unless it's extensively marketed and hyped. People said the same thing of the Tundra when it first came out, and now look. Production is still ramping up. They can't count deposits as sales for the Highlander people are waiting for.
:werd:

Sulu
10-04-2007, 10:05 PM
The 2nd gen Highlander hasn't been out long enough to justify it as a failure. 6 months is usually the time it takes for a vehicle to become noticed in the marketplace, unless it's extensively marketed and hyped. People said the same thing of the Tundra when it first came out, and now look. Production is still ramping up. They can't count deposits as sales for the Highlander people are waiting for.

Excellent point! It is also a very different vehicle -- much larger with a different seating configuration (the second-row 2+1 design) -- just as the Tundra was much different from its predecessor earlier this year. So, it may take some time for people to get to know it.

corolla1
10-04-2007, 11:03 PM
Excellent point! It is also a very different vehicle -- much larger with a different seating configuration (the second-row 2+1 design) -- just as the Tundra was much different from its predecessor earlier this year. So, it may take some time for people to get to know it.


plus the highlander moved upmarket in price as well as size (avalon platform instead of camry) with the rav4 filling in the old highlander's spot. the higher price bracket would naturally explain the lower sales. the rav4 which now occupies the highlander's former spot is doing very well. no worries for toyota there.

100$ GUY
10-05-2007, 01:12 PM
plus the highlander moved upmarket in price as well as size (avalon platform instead of camry) with the rav4 filling in the old highlander's spot. the higher price bracket would naturally explain the lower sales. the rav4 which now occupies the highlander's former spot is doing very well. no worries for toyota there.

SO, toyota expected lower sales of his all new model, ok I got it. :thumbup:

corolla1
10-05-2007, 07:23 PM
SO, toyota expected lower sales of his all new model, ok I got it. :thumbup:

i'm sure toyota was hoping for increased sales or at least the same, but if you move upmarket in size and price, it's not unusual to see a total drop in sales.:)

ECHOKnight2000
10-05-2007, 10:09 PM
Like what 91MR2quickNA said is there are deposits so that doesn't count. Also the Yaris and others are on waiting lists, so they can't make enough, that's why it seems the sales are down, just cause the demand is up and they can't get enough out the door. Pictures don't do justice, I think the Highlander looks arlight in person, more of a presence, even if its not as edgy as the Mazda9.

costadragon220
10-05-2007, 10:25 PM
Honda up 9.4%, driven mostly by the new Accord and CR-V. Who would have thought so many people were waiting on the new Accord. . . . .ugly styling and all.

I would think they'd go for the Si....at least...

100$ GUY
10-06-2007, 02:14 PM
i'm sure toyota was hoping for increased sales or at least the same, but if you move upmarket in size and price, it's not unusual to see a total drop in sales.:)

how much bigger and pricier it is now? Isnt the hybrid and the limited trims that really increased a lot in price?

100$ GUY
10-06-2007, 02:17 PM
Like what 91MR2quickNA said is there are deposits so that doesn't count. Also the Yaris and others are on waiting lists, so they can't make enough, that's why it seems the sales are down, just cause the demand is up and they can't get enough out the door. Pictures don't do justice, I think the Highlander looks arlight in person, more of a presence, even if its not as edgy as the Mazda9.

I didnt know the demand was so high that the waiting list were 2 months plus, cause yaris numbers are down second month in a row, well, toyota with this model is having great times indeed.

ECHOKnight2000
10-06-2007, 02:18 PM
how much bigger and pricier it is now? Isnt the hybrid and the limited trims that really increased a lot in price?

I think even the base model increased in price. They have to make way for the RAV4 plus its a newer vechicle that moved up market. It seems every year Toyota nudges prices up on models. Take the Yaris for example since its introduction to the U.S. its gotten price increases, sure its not much but it still adds up:disappoin:disappoin

94CoupeV6
10-07-2007, 06:21 AM
Wow, that's really a bummer for Ford. The thing that really pissed me off about Ford is the Fusion and how they claimed it to be a better car then the Camry or Accord which have been around for a very long time.