Top 10 auto companies in global sales
10-12-09, 11:47 AM
#16
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10-12-09, 03:57 PM
#17
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That would be why Hyundai is doing so well during this recession, people are looking for economy cars. If you looking at those 2 charts in previous post, you will see that Hyundai's average car cost = gross income for 2008 divided by the unit produce equals to $17450 per car. Whereas VW's car comes out to $26560 per umit. Quite a different on the cost of each companies average car, of course the VW's numbers includes the Audi line.
10-12-09, 08:05 PM
#19
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That would be why Hyundai is doing so well during this recession, people are looking for economy cars. If you looking at those 2 charts in previous post, you will see that Hyundai's average car cost = gross income for 2008 divided by the unit produce equals to $17450 per car. Whereas VW's car comes out to $26560 per umit. Quite a different on the cost of each companies average car, of course the VW's numbers includes the Audi line.
1. Hyundai figures include cheaper Kia
2. VW numbers include more expensive Audi.
So it is not even close to being fair to try to compare transaction prices.
10-13-09, 05:27 AM
#20
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10-13-09, 01:29 PM
#21
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VW's small US sales footprint shielded them from the tanking market last Fall and earlier this year. That's why you have Toyota hemorrhaging cash, revenues and sales volume relative to VW who saw all small declines. The analyst consensus is that the Volkswagen Group easily rode the recession out in the best position among their peers and is actually emerging stronger, having increased their market share in virtually every market around the world.
10-13-09, 03:11 PM
#22
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VW's small US sales footprint shielded them from the tanking market last Fall and earlier this year. That's why you have Toyota hemorrhaging cash, revenues and sales volume relative to VW who saw all small declines. The analyst consensus is that the Volkswagen Group easily rode the recession out in the best position among their peers and is actually emerging stronger, having increased their market share in virtually every market around the world.
10-14-09, 06:03 AM
#23
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Toyota spent HUGE amounts of money on future product and R&D leading up to, and right before the recession. Even now during the recession, Toyota spent a considerable amount of on R&D. Once the economy picks up, Toyota will emerge in a very strong position as well. In the next few years, we will see the result of all that spending in terms of future product.
10-14-09, 08:22 AM
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You can say thats a make or break situation, if those R&D investment pays off, they will emerge from the recession in good shape. If those R&D projects turns out to be a flop, then they would have dug themself a deep hole. As GM have already learn, when you are #1, each mistake cost you a lot more than when you were just small peanuts.
? You can say this about any automaker. This really has nothing to do with anything. GM had more models back in the day, and spent less R&D money *per project* than Toyota has done. Also the chances of an R&D project being a flop is less likely since Toyota has a clear and focused leader in charge.
10-14-09, 10:08 AM
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The first rule of R&D with any organization is that there is never any sort of firm guarantee that the spending will translate into revenues. I don't care who you are, (VW, Toyota, Microsoft, Samsung), there is absolutely no reason to believe that every dollar put into R&D pays off in the end.
10-14-09, 10:13 AM
#26
The first rule of R&D with any organization is that there is never any sort of firm guarantee that the spending will translate into revenues. I don't care who you are, (VW, Toyota, Microsoft, Samsung), there is absolutely no reason to believe that every dollar put into R&D pays off in the end.
However, what I would like to add is that if you don't spend any money on R&D then it is GUARANTEED that nothing will pay off at the end.
I rather achieve 70% efficiency while doing something than achieve 100% efficiency while doing nothing.
10-14-09, 10:28 AM
#27
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The first rule of R&D with any organization is that there is never any sort of firm guarantee that the spending will translate into revenues. I don't care who you are, (VW, Toyota, Microsoft, Samsung), there is absolutely no reason to believe that every dollar put into R&D pays off in the end.
Going back to the earlier point, I do not see at all how this is going to "make or break" Toyota, based on G Man's baiting post.
10-14-09, 10:33 AM
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We don't live in a black and white world. You're talking in absolutes, and real life is never like that. Obviously every dollar put into R&D does not pay off in the end, but neither does the opposite happen. Even when an R&D project is a flop, it does not mean every dollar spent on the project amounted to nothing.
Going back to the earlier point, I do not see at all how this is going to "make or break" Toyota, based on G Man's baiting post.
Going back to the earlier point, I do not see at all how this is going to "make or break" Toyota, based on G Man's baiting post.
To again touch on your first point, massive R&D spending guarantees nothing, and certainly doesn't guarantee that Toyota will "undoubtedly" turn around their finances.
