SEPTEMBER 2008 Vehicles Sales
10-02-08 | 05:50 PM
#62
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Like I said, 3rd in its class. The M3/45 was making its move earlier this year & now Lincoln seems to be a threat but GS has always sold well behind the usual top 2.
The hybrid & new engines did not seem to boost sales & if they make a GS-F, I doubt that that will help either. I am sure Lexus will bring it w/ the next generation ... I hope.
The hybrid & new engines did not seem to boost sales & if they make a GS-F, I doubt that that will help either. I am sure Lexus will bring it w/ the next generation ... I hope.
The GS sales target was 36k its first year, way lower than the E or 5 targets.
10-02-08 | 07:04 PM
#63
In '07 (his figures).
In September, the GS is behind Genesis and I think MKS too.
The current gen GS will never catch up, it's already behind in so many ways. And given the slow sales, they will be even rarer at dealerships and given the extremely slow ordering process and option inflexibility, those will be additional hindrances. I predict a 1000 or so a month for the next few months.
10-02-08 | 07:08 PM
#64
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Joined: Jan 2005
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From: A better place
In '07 (his figures).
In September, the GS is behind Genesis and I think MKS too.
The current gen GS will never catch up, it's already behind in so many ways. And given the slow sales, they will be even rarer at dealerships and given the extremely slow ordering process and option inflexibility, those will be additional hindrances. I predict a 1000 or so a month for the next few months.
10-03-08 | 11:40 AM
#65
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Joined: Jul 2001
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From: California
Mods - not sure if this is better placed here or start it's own thread but we discuss more impact of financing deals skewing sales here than anywhere else (are you watching Doug?). Searched, and didn't see it anywhere else which I thought was a little hard to believe:
Toyota announces zero-percent financing
Oct 3, 6:59 AM (ET)
DETROIT (AP) - Toyota Motor Corp. (TM) has announced zero-percent financing on 11 models as it tries to woo would-be buyers sidelined by the consumer credit crunch.
The top Japanese automaker's U.S. division said Thursday in a news release that the incentives range from 36 to 60 months and are being offered on the Matrix, Corolla, Camry, RAV4, Highlander, FJ Cruiser, 4Runner, Sequoia, Sienna, Tacoma and Tundra.
Toyota Division General Manager Bob Carter says the automaker had the inventory of fuel-efficient models and the capacity to finance or lease them.
Toyota reported Wednesday that its U.S. sales dropped 32 percent last month. The automaker blamed overall economic conditions and a lack of consumer confidence.
Let the usual spin begin but it is nice to see that Toyota has the yen in the bank to subsidize sales.
Toyota announces zero-percent financing
Oct 3, 6:59 AM (ET)
DETROIT (AP) - Toyota Motor Corp. (TM) has announced zero-percent financing on 11 models as it tries to woo would-be buyers sidelined by the consumer credit crunch.
The top Japanese automaker's U.S. division said Thursday in a news release that the incentives range from 36 to 60 months and are being offered on the Matrix, Corolla, Camry, RAV4, Highlander, FJ Cruiser, 4Runner, Sequoia, Sienna, Tacoma and Tundra.
Toyota Division General Manager Bob Carter says the automaker had the inventory of fuel-efficient models and the capacity to finance or lease them.
Toyota reported Wednesday that its U.S. sales dropped 32 percent last month. The automaker blamed overall economic conditions and a lack of consumer confidence.
Let the usual spin begin but it is nice to see that Toyota has the yen in the bank to subsidize sales.
10-03-08 | 12:27 PM
#66
Lexus Champion
Joined: Dec 2002
Posts: 2,854
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From: IL
Mods - not sure if this is better placed here or start it's own thread but we discuss more impact of financing deals skewing sales here than anywhere else (are you watching Doug?). Searched, and didn't see it anywhere else which I thought was a little hard to believe:
Toyota announces zero-percent financing
Oct 3, 6:59 AM (ET)
DETROIT (AP) - Toyota Motor Corp. (TM) has announced zero-percent financing on 11 models as it tries to woo would-be buyers sidelined by the consumer credit crunch.
The top Japanese automaker's U.S. division said Thursday in a news release that the incentives range from 36 to 60 months and are being offered on the Matrix, Corolla, Camry, RAV4, Highlander, FJ Cruiser, 4Runner, Sequoia, Sienna, Tacoma and Tundra.
Toyota Division General Manager Bob Carter says the automaker had the inventory of fuel-efficient models and the capacity to finance or lease them.
Toyota reported Wednesday that its U.S. sales dropped 32 percent last month. The automaker blamed overall economic conditions and a lack of consumer confidence.
Let the usual spin begin but it is nice to see that Toyota has the yen in the bank to subsidize sales.
Toyota announces zero-percent financing
Oct 3, 6:59 AM (ET)
DETROIT (AP) - Toyota Motor Corp. (TM) has announced zero-percent financing on 11 models as it tries to woo would-be buyers sidelined by the consumer credit crunch.
The top Japanese automaker's U.S. division said Thursday in a news release that the incentives range from 36 to 60 months and are being offered on the Matrix, Corolla, Camry, RAV4, Highlander, FJ Cruiser, 4Runner, Sequoia, Sienna, Tacoma and Tundra.
Toyota Division General Manager Bob Carter says the automaker had the inventory of fuel-efficient models and the capacity to finance or lease them.
Toyota reported Wednesday that its U.S. sales dropped 32 percent last month. The automaker blamed overall economic conditions and a lack of consumer confidence.
Let the usual spin begin but it is nice to see that Toyota has the yen in the bank to subsidize sales.
I personally HATE low finance rates like this. I start to get all sorts of crazy stupid ideas (like the one I had in July of this year) and things like "hey, I could pick up a new Corolla for the mother in-law and wow, a Sequoia to replace the MDX....". Hate these deals.
Last edited by doug_999; 10-03-08 at 12:33 PM.
10-03-08 | 05:53 PM
#67
Lexus Fanatic
Joined: Jul 2001
Posts: 6,084
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From: California
What's really interesting here is that this is one of the first nationwide promotions I've seen from Toyota in a long long while (maybe ever). Plenty of yodels here are quick to point to Honda spiffs when Toyota does the exact same thing - except on a regional (hint, not on the web) basis.
I personally HATE low finance rates like this. I start to get all sorts of crazy stupid ideas (like the one I had in July of this year) and things like "hey, I could pick up a new Corolla for the mother in-law and wow, a Sequoia to replace the MDX....". Hate these deals.
I personally HATE low finance rates like this. I start to get all sorts of crazy stupid ideas (like the one I had in July of this year) and things like "hey, I could pick up a new Corolla for the mother in-law and wow, a Sequoia to replace the MDX....". Hate these deals.
Have to take your opinion over mine, I don't know when or if Toyota has done something like this before. Should be interesting to see what impact it might have on sales for October and if anyone else decides to match it. If you have the capability and can manage credit, it ain't such a bad time.
10-03-08 | 07:09 PM
#68
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Joined: Jan 2005
Posts: 7,285
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From: A better place
Toyota has done nationwide deals before, but I'm shocked they are resorting to zero percent financing. Hopefully this is a short-term temporary thing because this will NOT be good in the long term. I'm sure Toyota realizes the consequences of resorting to this.
10-04-08 | 06:51 AM
#71
10-06-08 | 04:28 PM
#73
Lexus Fanatic
Joined: Jul 2001
Posts: 6,084
Likes: 0
From: California
In '07 (his figures).
In September, the GS is behind Genesis and I think MKS too.
The current gen GS will never catch up, it's already behind in so many ways. And given the slow sales, they will be even rarer at dealerships and given the extremely slow ordering process and option inflexibility, those will be additional hindrances. I predict a 1000 or so a month for the next few months.
10-10-08 | 11:11 AM
#74
Speaks French in Russian
Joined: Oct 2002
Posts: 13,303
Likes: 65
From: What is G?
ANd of course the UK is feeling it too...
http://www.carmagazine.co.uk/News/Se...-for-17-years/
Britain's new car market is in deep trouble, official sales figures today confirm. September is historically one of the two biggest registration months of the year, as buyers rush to snap up the autumn's new number plate – yet sales were down by a fifth last month.
The Society of Motor Manufacturers and Traders, which collates sales data from dealers, called it 'stormy September', as new-car registrations plummeted by 21 percent from last year's figure to 330,295. That's the lowest level since the UK switched to a twice-yearly plate change in 1999.
2008: new-car sales misery
And it's not just a slow month: the year to date is also down by 8 percent, causing the forecasters to nudge their predictions for 2008 downwards, as the credit crunch continues to affect consumer confidence.
Paul Everitt, the SMMT's new chief exec, said: 'Registrations have fallen for the fifth consecutive month and represent the most difficult economic conditions the industry has faced in 17 years.' He called on the Government to scrap planned increases in car tax that would see high CO2 polluter hammered by soaring bills.
And ACEA, the European trade body, is demanding an EU-wide incentive scheme to scrap cars more than eight years old – at a stroke removing the worst polluters and supporting new-car sales. Guess what? A significant 36 percent of cars in Europe are older than that, but we can't see any politicians seriously undertaking anything like this on a continent-wide scale...
Is anything selling well?
Well, the Vauxhall Corsa is the first car this millennium to dislodge the Ford Focus from the top spot in the bestsellers' chart for more than one month. It has been Britain's most popular new car for two consecutive months.
But it's mostly miserable news. Edited lowlights include:
• Alfa Romeo sales down 44 percent, September 2008 vs 2007
• Aston Martin -15 percent
• Bentley -48 percent
• BMW -24 percent
• Cadillac -62 percent
• Chevrolet -11 percent
• Chrsyler -69 percent
• Citroen -22 percent
• Corvette -50 percent
• Daihatsu -18 percent
• Dodge -19 percent
• Fiat -10 percent
• Ford -23 percent
• Honda -40 percent
• Hyundai -10 percent
• Jeep -61 percent
• Kia -5 percent
• Land Rover -50 percent
• Lexus -44 percent
• Lotus -19 percent
• Mazda -2 percent
• Mercedes-Benz -9 percent
• Mini -19 percent
• Mitsubishi -33 percent
• Nissan -15 percent
• Peugeot -28 percent
• Porsche -33 percent
• Renault -51 percent
• Saab -47 percent
• Seat -41 percent
• Skoda -15 percent
• Ssangyong -57 percent
• Subaru -40 percent
• Suzuki -19 percent
• Toyota -10 percent
• Vauxhall -17 percent
• Volvo -6 percent
• VW -11 percent
Only four brands posted an increase over September 2007:
• Audi +1 percent
• Hummer +25 percent
• Jaguar +4 percent
• Smart +9 percent
Analysts predict that the UK car market won't recover until the third quarter of 2009. Sounds like there will be a heap more pain to come...
The Society of Motor Manufacturers and Traders, which collates sales data from dealers, called it 'stormy September', as new-car registrations plummeted by 21 percent from last year's figure to 330,295. That's the lowest level since the UK switched to a twice-yearly plate change in 1999.
2008: new-car sales misery
And it's not just a slow month: the year to date is also down by 8 percent, causing the forecasters to nudge their predictions for 2008 downwards, as the credit crunch continues to affect consumer confidence.
Paul Everitt, the SMMT's new chief exec, said: 'Registrations have fallen for the fifth consecutive month and represent the most difficult economic conditions the industry has faced in 17 years.' He called on the Government to scrap planned increases in car tax that would see high CO2 polluter hammered by soaring bills.
And ACEA, the European trade body, is demanding an EU-wide incentive scheme to scrap cars more than eight years old – at a stroke removing the worst polluters and supporting new-car sales. Guess what? A significant 36 percent of cars in Europe are older than that, but we can't see any politicians seriously undertaking anything like this on a continent-wide scale...
Is anything selling well?
Well, the Vauxhall Corsa is the first car this millennium to dislodge the Ford Focus from the top spot in the bestsellers' chart for more than one month. It has been Britain's most popular new car for two consecutive months.
But it's mostly miserable news. Edited lowlights include:
• Alfa Romeo sales down 44 percent, September 2008 vs 2007
• Aston Martin -15 percent
• Bentley -48 percent
• BMW -24 percent
• Cadillac -62 percent
• Chevrolet -11 percent
• Chrsyler -69 percent
• Citroen -22 percent
• Corvette -50 percent
• Daihatsu -18 percent
• Dodge -19 percent
• Fiat -10 percent
• Ford -23 percent
• Honda -40 percent
• Hyundai -10 percent
• Jeep -61 percent
• Kia -5 percent
• Land Rover -50 percent
• Lexus -44 percent
• Lotus -19 percent
• Mazda -2 percent
• Mercedes-Benz -9 percent
• Mini -19 percent
• Mitsubishi -33 percent
• Nissan -15 percent
• Peugeot -28 percent
• Porsche -33 percent
• Renault -51 percent
• Saab -47 percent
• Seat -41 percent
• Skoda -15 percent
• Ssangyong -57 percent
• Subaru -40 percent
• Suzuki -19 percent
• Toyota -10 percent
• Vauxhall -17 percent
• Volvo -6 percent
• VW -11 percent
Only four brands posted an increase over September 2007:
• Audi +1 percent
• Hummer +25 percent
• Jaguar +4 percent
• Smart +9 percent
Analysts predict that the UK car market won't recover until the third quarter of 2009. Sounds like there will be a heap more pain to come...
