Quote:
Originally Posted by StanF18
Disagree. Everyone's sales are down, bigtime. Toyota. BMW. Honda. EVERYONE. This recession doesn't discriminate. The reason Toyota and Honda aren't on the verge of bankruptcy is exactly BECAUSE their costs are lower. Their "man-hour" on the assembly line is what, like 2-fold cheaper than GM/Ford? The unions have asphyxiated the Big Three. Toyota/Honda/BMW etc. are able to survive the sales drop because there is no union overhead and no Gazillion-dollar Health Pension Plan to maintain. As far as the products: they were in some cases inferior to the Japanese, but not by such a huge margin.
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Toyota is taking a beating, this was from January:
Over at Toyota Division, the situation wasn't much better. Judging by the drop in Prius sales, saving the world was deemed 31.4% less important in January. Toyota's gasoline-powered economy cars didn't do much better as the Yaris plummeted over 44% while the Camry was down nearly 37%. The one bright spot? Corolla sales "only" dropped 10.8%. The trucks and SUVs took a similar beating, down 40% overall.
Lexus fared no better. Its cars were down 37.7%. The SUVs dropped 21.2% helped in part by strong sales of the RX which only slipped 7.2%.
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04-30-2009, 05:35 PM
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