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#429650 - 08/16/08 06:20 AM
Re: Toyota shutting down Tundra production in Indiana
[Re: etyppo]
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Admiral
Registered: 01/19/03
Posts: 2302
Loc: Indianapolis
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What killed off the muscle cars was the oil shocks in the mid 70's.
Yeah, Toyota had terrible luck on the timing of the launch of their restyled Tundra. However, they still aren't coming even close to the sales of Ford and GM pickups, which they thought they might. (and which Nissan tried to aim for)
Problem is that a pickup is an image buy for very many of their buyers. If just one friend says something about it being anti-American, it kills the image.
I think Toyota and Nissan came into the market totally wrong. They thought that if they built a premium product (priced at a premium) that is competitive engineering-wise, then advertised the heck out of it, that it would sell. However the premium truck buyers are the hardest sell.
What I think they should have done is what they did for small trucks. Build a basic, strong, reliable, cheap, full-size pickup. Build their customer base among younger folks that need a long-lasting, cheap truck. Then grow with the customer base's economic influence.
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#429656 - 08/16/08 06:42 AM
Re: Toyota shutting down Tundra production in Indiana
[Re: ABoater]
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Admiral
Registered: 01/19/03
Posts: 2302
Loc: Indianapolis
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I know that the TX plant was going to shut down for a while. Is it still shuttered?
The Tundra's are advertised in today's paper at a discount of $11,000 off of MSRP.
I guess the third time wasn't a charm... Yeah, Tundra production shut down until November. They did build 196,000 of them the first year, and are anticipated to build 140,000 this year - however, like housing they overbuilt. They are piling up on the dealer lots and not moving very fast, so they are going to have to give a bunch of those away to move them - which will, of course kill production for next year, and resale on the ones they've already sold. It wouldn't be surprising to see less than 100,000 built next year. http://www.courierpress.com/news/2008/jul/10/10web-toyota/
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#429707 - 08/16/08 12:29 PM
Re: Toyota shutting down Tundra production in Indiana
[Re: BillyB]
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Admiral
Registered: 02/04/04
Posts: 1135
Loc: San Francisco Bay Area
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You can get ANY Dodge quad cab on the lot for $16K off of MSRP.
Just as everyone jumped on the full-size truck band-wagon when fuel was cheap, they are now scrambling to get into something that is SENSIBLE for their needs, rather than what their ego WANTS.
Back in the 70's, you rarely saw pickups on the road unless they were being USED for something specific like hauling a camper, or towing a boat, construction, etc...
I still laugh when I see the moms dropping their kids off at school in a brand-new shiney 4X4 quad cab with the lift kit, tires and wheels. Heck, from the condition of them, they have never even SEEN a dirt road, let alone an off-road trail...
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#431713 - 08/26/08 07:49 AM
Re: Toyota shutting down Tundra production in Indiana
[Re: Finger Lakes Boater]
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Admiral
Registered: 01/19/03
Posts: 2302
Loc: Indianapolis
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That's a lot of money for a half-ton pickup Billy nailed it. What Toyota and Nissan BOTH missed is the size of the 'heavy duty' truck market. The 'truck guys' buy three quarter or one ton pickups with diesel power or a big block V8. Trying to sell them a high-output small block in a half-ton claiming to tow five tons? Losing proposition... I disagree somewhat. I think there are many types of truck people, but three major categories: 1. Heavy users - need a dually to pull a big trailer with a bobcat, or horses, or grain wagon , or a really heavy payload to carry tools, feed, etc. Think Ford F250 or Super Duty. 2. Wannabe's - Need to look like they use a pickup - may occasionally haul something, but are worried about scratching the bed of the truck. Rarely go offroad. Want leather seats and DVD Nav systems. Hummer H2 and H3. 3. Economy users - Need a cheap, tough pickup, because they use it all the time. No special off-road capability needed, but it has to take abuse because it will get trashed. Chevy Work Truck, or Econoline van. Those segments have blurred in recent years, because the buyers wanted and then the sellers built vehicles that cross the lines. Most of the buyers are in segments 2 and 3. Segment 1 is a fairly small group. Toyota and Nissan both built real trucks targeted at segment 2. They skipped the cheap end and skipped the high end. But segment 2 buyers don't really want a real truck, they want something that looks like a real truck. So, you don't sell them with advertising targeted toward a contractor - don't tell them about towing, or the size of your brakes... However, with the gas price shock - this group disappeared!Real contractors are in segment 1 and 3. They are the ones that need a truck today and are buying. In segment 1 you better have your diesel engine - but it's a really small market. In segment 3 you better have your hose-out interior and a low price - and big brakes and towing capacity.
Edited by Indyboater (08/26/08 07:52 AM)
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