Businessweek- Could 2007 Be Even Worse for Detroit?
Re: Businessweek- Could 2007 Be Even Worse for Detroit?
Originally Posted by Derek M
Another view point.....
From C&D September 2006
"Trucks were only 26.7 percent of the 1,083,709 vehicles Toyota sold in 1995. By 2005, Toyota had more than doubled it's US sales to 2,260,296 vehicles, and of this much larger total, trucks had increased to 43 percent. Put another way, Toyota sold more than three times as many trucks in 2005 as it did in 1995."
Given a long term sampling, this would seem to indicate a very large chuck of their growth was due to SUVs and trucks.
From C&D September 2006
"Trucks were only 26.7 percent of the 1,083,709 vehicles Toyota sold in 1995. By 2005, Toyota had more than doubled it's US sales to 2,260,296 vehicles, and of this much larger total, trucks had increased to 43 percent. Put another way, Toyota sold more than three times as many trucks in 2005 as it did in 1995."
Given a long term sampling, this would seem to indicate a very large chuck of their growth was due to SUVs and trucks.
Re: Businessweek- Could 2007 Be Even Worse for Detroit?
A sign of things to come??? Who knows, but time will tell.
http://www.chicagotribune.com/busine...i-business-hed
http://www.chicagotribune.com/busine...i-business-hed
Another warning sign is that new-car sales are down about 5 percent from a year ago. This has happened six times over the past 40 years, and in every instance the economy was either lapsing into recession or already in recession.
Re: Businessweek- Could 2007 Be Even Worse for Detroit?
Toyota is building off its own momentum. Its just a domino effect right now, and its just growing. People see Toyota with fuel-saving cars and technology, and they see GM pushing the Tahoe and Suburbans. Throw this ontop of the fact that GM is still just missing the mark, not by much, but missing it. The Big 3's decline can be torn apart 400 ways, and there is no ONE silver bullet that will end this. I think that these articles are short-sighted, and while the past few years has hurt The Big 3, they are making moves to go foward and survive, which IMO is a good idea. Cutting costs while making higher profit vehicles sure sounds like a good idea to get the money flow going. More and more flexable platforms will also cut cost, and a recent increase in design tallent will also help make future cars really wow us customers. Everyone can point out what went wrong, how it went wrong, what they should have done...but its what they have to do from here on out to get themselves out of the slump, not many in the media write articles about that.
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