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#429577 - 08/15/08 03:26 PM Toyota shutting down Tundra production in Indiana
Indyboater Offline
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Toyota has announced they are not going to resume production of the Tundra pickup at the Princeton Indiana factory - which is on temporary shutdown right now. They will move production to the Toyota Highlander and continue the Sequoia production. All Tundra production is consolidated to Texas.

This is a giant facility which was built to produce the entire volume of the Tundra in about 1999.

With the announcement by Nissan that they will buy their next generation Titan from Dodge and rebadge it, I guess the domestics are successful at fending off the Japanese in the big pickup market again.


Edited by Indyboater (08/15/08 03:26 PM)

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#429578 - 08/15/08 03:48 PM Re: Toyota shutting down Tundra production in Indiana [Re: Indyboater]
ABoater Offline
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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...

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#429588 - 08/15/08 05:05 PM Re: Toyota shutting down Tundra production in Indiana [Re: Indyboater]
BillyB Offline
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Truly stunning news Indy. Thanks for the post.
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#429624 - 08/15/08 07:50 PM Re: Toyota shutting down Tundra production in Indiana [Re: BillyB]
Lou C Offline
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Just bad timing, what bothers me even more, is that the Dodge Challenger just came back, to be followed by the Chevy Camaro. I'd hate to see them go away AGAIN, because of the gas situation. If I could I'd buy one of each, the modern era performance cars are nice but just don't do it for me. Toy will survive and once the economy slows down enough to drop gas prices, things will improve some, but not everyone going to the mall needs a 5000 lb pick up truck.
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#429643 - 08/16/08 12:38 AM Re: Toyota shutting down Tundra production in Indiana [Re: Lou C]
etyppo Offline
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It really is the golden age of the performance car right now. The level of performance available from cars off the showroom floor right now is downright amazing. Hopefully it won't be followed by another automotive decade like the 1970s after the muscle car era ended.
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#429650 - 08/16/08 06:20 AM Re: Toyota shutting down Tundra production in Indiana [Re: etyppo]
Indyboater Offline
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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]
Indyboater Offline
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Registered: 01/19/03
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Loc: Indianapolis
Originally Posted By: ABoater
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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#429699 - 08/16/08 12:14 PM Re: Toyota shutting down Tundra production in Indiana [Re: Indyboater]
ABoater Offline
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Thanks for the scoop!

Yeah, I noticed EXACTLY what you refer to the other day while "cruising" the local Toy dealer.

It seemed like 90% of the new Tundra's on the lot were "loaded" models. All the bells and whistles!

VERY FEW of the "work" or basic trucks to be found.


The new Sequoia is advertised today at $11K off MSRP.

Despite being an awesome vehicle, it's no secret why they aren't selling...

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#429702 - 08/16/08 12:19 PM Re: Toyota shutting down Tundra production in Indiana [Re: ABoater]
BillyB Offline
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Originally Posted By: ABoater


It seemed like 90% of the new Tundra's on the lot were "loaded" models. All the bells and whistles!

VERY FEW of the "work" or basic trucks to be found.


That's how a Chevy, Ford, or Dodge lot is as well. So that's no different. In the past, extended cab 4x4's is what everyone bought and they optioned them up like cars, not for work truck purposes. The difference with Toyota is that their equivelent truck is at least $5000 more thna a Chevy,Ford, Dodge, with MANY of their Tundras on the lot being over $40k. That's a lot of money for a half ton pickup.
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#429707 - 08/16/08 12:29 PM Re: Toyota shutting down Tundra production in Indiana [Re: BillyB]
ABoater Offline
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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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#431702 - 08/26/08 06:58 AM Re: Toyota shutting down Tundra production in Indiana [Re: ABoater]
Bowline Offline
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Dang - Why would ANYONE buy the Nissan that's just a re-hashed Dodge? Yuk. Bad move, Nissan.

The Tundra is an awsome truck and would be what I would look at for a full size PU. Just can't beat the Toyota quality. Love my 4Runner. Best vehicle I've owned.

Truck sales are down everywhere. As far s stripped down models are concerned, I think it's a combonation of what the buying public has trended to wnating and what the dealers buy in order to sell higher marked up vehicles so that their gross receipts and profits reflect the increased prices of the vehicles.
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#431706 - 08/26/08 07:07 AM Re: Toyota shutting down Tundra production in Indiana [Re: Bowline]
Finger Lakes Boater Administrator Offline
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Registered: 12/17/02
Posts: 8399
Loc: Sammamish, Washington
Quote:
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...
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#431713 - 08/26/08 07:49 AM Re: Toyota shutting down Tundra production in Indiana [Re: Finger Lakes Boater]
Indyboater Offline
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Originally Posted By: Finger Lakes Boater
Quote:
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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#431743 - 08/26/08 09:54 AM Re: Toyota shutting down Tundra production in Indiana [Re: Indyboater]
ABoater Offline
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Registered: 02/04/04
Posts: 1135
Loc: San Francisco Bay Area
Originally Posted By: Indyboater
However, with the gas price shock - this group disappeared!











Yeah, "ego" motivated purchases will only go so far...

When the stuff hits the fan, folks 'bottoms' pucker up and they get back to reality.

And that's where most of them should have stayed to begin with...

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#431744 - 08/26/08 10:05 AM Re: Toyota shutting down Tundra production in Indi [Re: ABoater]
230 Mike Offline
IT Not Wannabe
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Registered: 05/29/05
Posts: 3383
Loc: Kansas City
I'm not sure "wannabe" is an accurate way to describe that group (although I generally agree with the 3 groups). I own a truck but don't need to tow a bobcat around. I do tow a boat and want to be able to bring home the occasional sheet of plywood and whatnot. And yeah - I have a bedliner wink . Nothing wrong with taking care of a vehicle for the long term (11 years and counting).

I'd call that group "occasional/recreational."


Edited by 230 Mike (08/26/08 10:07 AM)
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