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View Full Version : Is everyone ready for an anti-Import backlash?


anonms
04-25-2005, 08:09 PM
Toyota sure seems to be preparing themselves:<p><A HREF="http://biz.yahoo.com/ap/050425/toyota_prices.html?.v=2" TARGET="_blank">http://biz.yahoo.com/ap/050425...?.v=2</A><p>TOKYO (AP) -- Toyota Motor Corp.'s chairman suggested Monday the Japanese carmaker may consider raising the prices of the cars it sells in the United States to help support its ailing U.S. peers, Kyodo News reported.<p>At a news conference as the head of the Japanese business lobby Keidanren, Hiroshi Okuda, who is also Toyota's chairman, suggested the possibility of price hikes in the United States after U.S. car manufacturers General Motors Corp. and Ford Motor Co. reported weak earnings results last week, Kyodo reported.<p>Japanese daily Asahi Shimbun reported Okuda told reporters that the U.S. auto makers' problems could cause a backlash for Toyota and other foreign carmakers.<p>"I'm concerned about the current situation surrounding GM. Although a trade conflict, like ones happened in the past, may be avoided, there may be some impact (on Japan's car industry) because the car industry is symbolic in the U.S. economy," Okuda said.<p>He said Toyota "may need to adjust prices," hinting that it may increase the prices of its cars in the United States<p>------------------------------------------------------------------------------------------------<p>Egotistical as that may have sounded, keep in mind that if Toyota end up unseating Ford and/or GM in the US, those domestic companies may end up lobbying congress for protectionist policies. The pain.

Cozz
04-25-2005, 08:16 PM
Nice report, one that I don't agree with. The only poeple GM can blame are the people in GM.<p>Though I do agree in lobbying anything from China.

anonms
04-25-2005, 08:26 PM
Yeah, well if people in America started to blame themselves for their own problems and their own mistakes, there wouldn't be such a frivolous lawsuit frenzy.<p>But I'm sure GM and Ford would lobby for protectionist policies instead of working on their public image (which, IMO, is the only problem they face, as their products are not subpar).

mzoltarp
04-26-2005, 05:30 AM
LOL. Toyota can raise their prices and continue to sell like gang busters. With a projected 100,000 Priuses for 06 as well as a Camry hybrid in the pipeline, there will be no problem for Toyota.

knicks125
04-26-2005, 05:32 AM
As long as the price increase is within reasons and don't get out of hand, I think Toyota will continue to do fine. Almost every auto manfacuter is doing it.

KebabGud
04-26-2005, 09:57 AM
Toyota once again shows the world that they are the good guys

stewacide
04-26-2005, 09:58 AM
Maybe Toyota and the imports should chip in to cover the Big Three retiree costs? <IMG NAME="icon" SRC="http://images.zeroforum.com/smile/emwink.gif" BORDER="0">

Verdegrrl
04-26-2005, 10:55 AM
How clever of Toyota. They can raise prices and look like saints for doing so.<p>Won't change the problems in Detroit though.

nismo
04-26-2005, 01:26 PM
GM and Ford always raise their prices... every new year they raise the prices of their most popular models. Not by much($100-$500) but they do. I really don't see how this is a constructive move for Toyota.. besides making more money. I guess its suppose to show they care about the US carmakers.. The US automakers just need to improve their products, til then they will continue to slide downwards... <p>Without Mazda and Volvo I wonder what Ford would be doing because I heard that where most of their money comes from...

mzoltarp
04-26-2005, 04:25 PM
Long story short: Toyota will raise prices with will increase revenue which can be plowed into future tech to continue the market share advances they are currently making.

anonms
04-26-2005, 05:11 PM
<A HREF="http://www.caranddriver.com/idealbb/view.asp?topicID=64344&pageNo=1&num=20" TARGET="_blank">http://www.caranddriver.com/id...um=20</A><p>Wow. You people are so calm and less convicting in comparison.

Bern
04-27-2005, 03:24 AM
Toyota already denied the report. They will not raise prices.

rman5001
04-27-2005, 06:12 PM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>mzoltarp</b> &raquo;</i></TD></TR><TR><TD CLASS="quote">Long story short: Toyota will raise prices with will increase revenue which can be plowed into future tech to continue the market share advances they are currently making.</TD></TR></TABLE><p>Actually....Toyota's incentives have been increased 137% compared to last year. Granted, its not as much as other manufacturers, but it offsets any price increase.

bolita
04-30-2005, 06:32 AM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>nismo</b> &raquo;</i></TD></TR><TR><TD CLASS="quote">GM and Ford always raise their prices... every new year they raise the prices of their most popular models. Not by much($100-$500) but they do. I really don't see how this is a constructive move for Toyota.. besides making more money. I guess its suppose to show they care about the US carmakers.. The US automakers just need to improve their products, til then they will continue to slide downwards... <p>Without Mazda and Volvo I wonder what Ford would be doing because I heard that where most of their money comes from...</TD></TR></TABLE><p>I think Ford gets most of its money from their finance arm...not Mazda or Volvo. Don't forget that Ford has poured millions into both companies to make them profitable and it is starting to pay off IMO...