MR

This will totally affect the sales of Toyota vehicles, plus give a boost to the US car sales .

http://www.usatoday.com/money/autos/201 ... 9_CV_N.htm

Behshad wrote:This will totally affect the sales of Toyota vehicles, plus give a boost to the US car sales .

http://www.usatoday.com/money/autos/201 ... 9_CV_N.htm

This is a good/bad scenario for me. I like Toyota vehicles, have had a few over the years and never a lick of trouble. I currently have a 2009 Tacoma which is not affected. But, about a year ago, I bought 2000 shares of Ford stock for $1.76 a share. When it doubled, I sold half which makes my remaining 1000 shares free. Looking back now, I wish I would have kept all 2000 shares because it's now trading at about $11.50 a share. Today I think I'm going to buy another 500 shares to make my average buy price still under $4 a share. It's bad for me because I'm sold on Toyota and don't want to see their stellar reputation tarnished (although the part in question is from an independant supplier in Indiana). It's good for me because Ford stock could see a nice boost over the coming months.

I think short-term most definitely this will hurt Toyota. This could not have come at a worse time. I think the pro-active steps that Toyota is taking by halting the sale of these vehicles might help them long-term. Overall, Toyota is not going away and years from now, this will be a blip on the radar screen.

Behshad wrote:This will totally affect the sales of Toyota vehicles, plus give a boost to the US car sales .

http://www.usatoday.com/money/autos/201 ... 9_CV_N.htm

Problem is, most of the recalled vehicles were manufactured in the US, plus the maker of the pedal. Last I read others areas are under investigation with no total recall yet. Apparently no problem with vehicles manufactured in Japan.

This is going to hurt a lot of local dealers more than Toyota.

RocknRoll wrote:

Behshad wrote:This will totally affect the sales of Toyota vehicles, plus give a boost to the US car sales .

http://www.usatoday.com/money/autos/201 ... 9_CV_N.htm

Problem is, most of the recalled vehicles were manufactured in the US, plus the maker of the pedal. Last I read others areas are under investigation with no total recall yet. Apparently no problem with vehicles manufactured in Japan.

This is going to hurt a lot of local dealers more than Toyota.

How do you figure it will hurt other dealers?

RocknRoll wrote:

Behshad wrote:This will totally affect the sales of Toyota vehicles, plus give a boost to the US car sales .

http://www.usatoday.com/money/autos/201 ... 9_CV_N.htm

Problem is, most of the recalled vehicles were manufactured in the US, plus the maker of the pedal. Last I read others areas are under investigation with no total recall yet. Apparently no problem with vehicles manufactured in Japan.

This is going to hurt a lot of local dealers more than Toyota.

I heard on the news yesterday though, that it affected some vehicles in China and Europe too though. Were those manufactured here too? Seems weird if so.

And did you mean it will affect local TOYOTA dealers and not Toyota as a whole? Or other car dealers?

Behshad wrote:

RocknRoll wrote:

Behshad wrote:This will totally affect the sales of Toyota vehicles, plus give a boost to the US car sales .

http://www.usatoday.com/money/autos/201 ... 9_CV_N.htm

Problem is, most of the recalled vehicles were manufactured in the US, plus the maker of the pedal. Last I read others areas are under investigation with no total recall yet. Apparently no problem with vehicles manufactured in Japan.

This is going to hurt a lot of local dealers more than Toyota.

How do you figure it will hurt other dealers?

Guess I was unclear. It's gonna' hurt the local Toyota dealers.

StevePerryHair wrote:

RocknRoll wrote:

Behshad wrote:This will totally affect the sales of Toyota vehicles, plus give a boost to the US car sales .

http://www.usatoday.com/money/autos/201 ... 9_CV_N.htm

Problem is, most of the recalled vehicles were manufactured in the US, plus the maker of the pedal. Last I read others areas are under investigation with no total recall yet. Apparently no problem with vehicles manufactured in Japan.

This is going to hurt a lot of local dealers more than Toyota.

I heard on the news yesterday though, that it affected some vehicles in China and Europe too though. Were those manufactured here too? Seems weird if so.

And did you mean it will affect local TOYOTA dealers and not Toyota as a whole? Or other car dealers?

What I heard it they are investigating in other countries, but the total recall currently effects only Toyotas manufactured in the US with the CTS design. I'm sure this could change.

RocknRoll wrote:

Behshad wrote:

RocknRoll wrote:

Behshad wrote:This will totally affect the sales of Toyota vehicles, plus give a boost to the US car sales .

http://www.usatoday.com/money/autos/201 ... 9_CV_N.htm

Problem is, most of the recalled vehicles were manufactured in the US, plus the maker of the pedal. Last I read others areas are under investigation with no total recall yet. Apparently no problem with vehicles manufactured in Japan.

This is going to hurt a lot of local dealers more than Toyota.

How do you figure it will hurt other dealers?

Guess I was unclear. It's gonna' hurt the local Toyota dealers.

Oh ok, no prob.,...With Ford and GM announcing extra rebates for Toyota owners, this will totally help the sales for both of them..... Like Ken said tho, even tho it will damager the sales of Toyota short term, it wont be something that will affect them and their reputation long term..... however with Edmunds and other crappy online sales advisors, who knows what they will feed the gullible people...

Remember the "unintended sudden acceleration" problem that Audi had years ago? You don't hear about that anymore and Audi now is just as strong as any other car company.

KenTheDude wrote:Remember the "unintended sudden acceleration" problem that Audi had years ago? You don't hear about that anymore and Audi now is just as strong as any other car company.

Did they stop production though? And did it involve this many vehicles? I can't rembember. I don't think Audi is anywhere near as popular as Toyota is it?

StevePerryHair wrote:

KenTheDude wrote:Remember the "unintended sudden acceleration" problem that Audi had years ago? You don't hear about that anymore and Audi now is just as strong as any other car company.

Did they stop production though? And did it involve this many vehicles? I can't rembember. I don't think Audi is anywhere near as popular as Toyota is it?

I don't remember the specifics about the Audi case except that it also involved involuntary acceleration. 2.3 million vehicles sounds like a huge amout but when you're talking about a company as big as Toyota and spanning across several model years, it's not the majority. Toyota is huge, they recently passed up GM as the number 1 carmaker in the world.

if GM were smart...

hey toyota owners... come to us with your cars and we will give you incentives on one of our 2010 models...

lights1961 wrote:if GM were smart...

hey toyota owners... come to us with your cars and we will give you incentives on one of our 2010 models...

Um,, Both Ford and GM are doing that dude,,,

Behshad wrote:

lights1961 wrote:if GM were smart...

hey toyota owners... come to us with your cars and we will give you incentives on one of our 2010 models...

Um,, Both Ford and GM are doing that dude,,,

Well damn... i am the slow one... Must of missed the news reports on this one!!

KenTheDude wrote:

StevePerryHair wrote:

KenTheDude wrote:Remember the "unintended sudden acceleration" problem that Audi had years ago? You don't hear about that anymore and Audi now is just as strong as any other car company.

Did they stop production though? And did it involve this many vehicles? I can't rembember. I don't think Audi is anywhere near as popular as Toyota is it?

I don't remember the specifics about the Audi case except that it also involved involuntary acceleration. 2.3 million vehicles sounds like a huge amout but when you're talking about a company as big as Toyota and spanning across several model years, it's not the majority. Toyota is huge, they recently passed up GM as the number 1 carmaker in the world.

This makes me think of the people who will try to blame all of their accidents on this now! What a MESS for them! I remember when Audi had that happen, there was a woman here up for involuntary manslaughter for killing two teens in her car when she accelerated and drove too fast on a curve and I think she hit a tree or something. She tried to fight it was the "accelerator" thing but they didn't buy it and she went to jail. I'm sure there was other evidence too. But imagine the legal messes now!!

The Scions aren't being recalled. They're a popular car for students because of their price and the customization features. If you get a young customer in one of those, later down the road they'll probably upgrade to a regular Toyota. The company will take a hit now but they'll bounce back. Remember all the Ford Explorer problems awhile back? Tires, Starters, they had all kinds of issues. People were calling them Ford Exploders at one point. Now it's water under the bridge , even though there were a lot of lawsuits because of fatalities in accidents from the defects. We Americans have short memories when it comes to this stuff.

Gunbot wrote:The Scions aren't being recalled. They're a popular car for students because of their price and the customization features. If you get a young customer in one of those, later down the road they'll probably upgrade to a regular Toyota. The company will take a hit now but they'll bounce back. Remember all the Ford Explorer problems awhile back? Tires, Starters, they had all kinds of issues. People were calling them Ford Exploders at one point. Now it's water under the bridge , even though there were a lot of lawsuits because of fatalities in accidents from the defects. We Americans have short memories when it comes to this stuff.

But in Fords case, it didnt STOP production.... and right now, even if youre a dealer and have a used Toyota on the lot, you cant even sell it !
While it will be forgotten down the road, the timing of it couldnt been any better to give GM & Ford the boost.

Behshad wrote:

Gunbot wrote:The Scions aren't being recalled. They're a popular car for students because of their price and the customization features. If you get a young customer in one of those, later down the road they'll probably upgrade to a regular Toyota. The company will take a hit now but they'll bounce back. Remember all the Ford Explorer problems awhile back? Tires, Starters, they had all kinds of issues. People were calling them Ford Exploders at one point. Now it's water under the bridge , even though there were a lot of lawsuits because of fatalities in accidents from the defects. We Americans have short memories when it comes to this stuff.

But in Fords case, it didnt STOP production.... and right now, even if youre a dealer and have a used Toyota on the lot, you cant even sell it !
While it will be forgotten down the road, the timing of it couldnt been any better to give GM & Ford the boost.

I'm not arguing about that at all. Every car program I have seen lately is constantly rating the new Ford and GM models above their foreign counterparts and this issue with Toyota will definitely booster the value of home grown brands in the eyes of consumers. I just think that Toyota will survive this and rebound a bit quicker than people think. The Prius and their newer hybrid models will help the recovery sooner rather than later once they get all their issues ironed out.
Everyone had to see this coming. Once they got so large, a monster recall was bound to happen. I know it's not always true but generally quantity weighed against quality usually have adverse effects on each other.

I agree that this will be quite a setback I'm sure for Toyota, but bottom line is they are quality vehicles, and I'm sure Toyota will bounce back too. I think it's pretty amazing to make such a huge decision to just STOP like they are, and that may be remembered too. I'd rather see that, even though it's a hard hit for them, than to see a car company just continue to sell vehicles that are the same model/year as the ones having problems.

Gunbot wrote:

Behshad wrote:

Gunbot wrote:The Scions aren't being recalled. They're a popular car for students because of their price and the customization features. If you get a young customer in one of those, later down the road they'll probably upgrade to a regular Toyota. The company will take a hit now but they'll bounce back. Remember all the Ford Explorer problems awhile back? Tires, Starters, they had all kinds of issues. People were calling them Ford Exploders at one point. Now it's water under the bridge , even though there were a lot of lawsuits because of fatalities in accidents from the defects. We Americans have short memories when it comes to this stuff.

But in Fords case, it didnt STOP production.... and right now, even if youre a dealer and have a used Toyota on the lot, you cant even sell it !
While it will be forgotten down the road, the timing of it couldnt been any better to give GM & Ford the boost.

I'm not arguing about that at all. Every car program I have seen lately is constantly rating the new Ford and GM models above their foreign counterparts and this issue with Toyota will definitely booster the value of home grown brands in the eyes of consumers. I just think that Toyota will survive this and rebound a bit quicker than people think. The Prius and their newer hybrid models will help the recovery sooner rather than later once they get all their issues ironed out.
Everyone had to see this coming. Once they got so large, a monster recall was bound to happen. I know it's not always true but generally quantity weighed against quality usually have adverse effects on each other.

no doubt in my mind that Toyota will survive. it take A LOT more than this recall to affect a monster company like Toyota LONG term,,,,

Melissa wrote:I agree that this will be quite a setback I'm sure for Toyota, but bottom line is they are quality vehicles, and I'm sure Toyota will bounce back too. I think it's pretty amazing to make such a huge decision to just STOP like they are, and that may be remembered too. I'd rather see that, even though it's a hard hit for them, than to see a car company just continue to sell vehicles that are the same model/year as the ones having problems.

+1

This is clearly a conspiracy launched by Obama and Government Motors

Doesn't affect me...I drive a Honda.

Melissa wrote:I agree that this will be quite a setback I'm sure for Toyota, but bottom line is they are quality vehicles, and I'm sure Toyota will bounce back too. I think it's pretty amazing to make such a huge decision to just STOP like they are, and that may be remembered too. I'd rather see that, even though it's a hard hit for them, than to see a car company just continue to sell vehicles that are the same model/year as the ones having problems.

Agreed 100%. I think the way they are handling it is great. I'm glad to see that they are halting sales instead of putting more problems on the road.

This doesn't change my opinion of Toyota. I have a Lexus now (made in Japan) and it's very solid car and has done nothing but impress me.

Ratgirl wrote:

Melissa wrote:I agree that this will be quite a setback I'm sure for Toyota, but bottom line is they are quality vehicles, and I'm sure Toyota will bounce back too. I think it's pretty amazing to make such a huge decision to just STOP like they are, and that may be remembered too. I'd rather see that, even though it's a hard hit for them, than to see a car company just continue to sell vehicles that are the same model/year as the ones having problems.

Agreed 100%. I think the way they are handling it is great. I'm glad to see that they are halting sales instead of putting more problems on the road.

This doesn't change my opinion of Toyota. I have a Lexus now (made in Japan) and it's very solid car and has done nothing but impress me.

Actually the way they are handling it is VERY shitty!!! The first batch of the metal pieces that would fix the problems were sent to the FACTORIES to take care of the production vehicles FIRST instead of taking care of customers on the road! I guess theyre more worried about losing new customers than taking the ones already driving one.,,,,,

Behshad wrote:

Ratgirl wrote:

Melissa wrote:I agree that this will be quite a setback I'm sure for Toyota, but bottom line is they are quality vehicles, and I'm sure Toyota will bounce back too. I think it's pretty amazing to make such a huge decision to just STOP like they are, and that may be remembered too. I'd rather see that, even though it's a hard hit for them, than to see a car company just continue to sell vehicles that are the same model/year as the ones having problems.

Agreed 100%. I think the way they are handling it is great. I'm glad to see that they are halting sales instead of putting more problems on the road.

This doesn't change my opinion of Toyota. I have a Lexus now (made in Japan) and it's very solid car and has done nothing but impress me.

Actually the way they are handling it is VERY shitty!!! The first batch of the metal pieces that would fix the problems were sent to the FACTORIES to take care of the production vehicles FIRST instead of taking care of customers on the road! I guess theyre more worried about losing new customers than taking the ones already driving one.,,,,,

Isn't that the case with all car companies though? Seriously, you get treated like gold when you're a "browsing" customer, or while you're actually buying a vehicle, but after that sale is complete, do they really care? Uh...no . That's been our experience with the 3 different types of cars we've bought (new from dealer anyhow), from Toyota (love the 2 we have right now) to Dodge (total crap) to Ford (loved the Fords we had).

Melissa wrote:

Behshad wrote:

Ratgirl wrote:

Melissa wrote:I agree that this will be quite a setback I'm sure for Toyota, but bottom line is they are quality vehicles, and I'm sure Toyota will bounce back too. I think it's pretty amazing to make such a huge decision to just STOP like they are, and that may be remembered too. I'd rather see that, even though it's a hard hit for them, than to see a car company just continue to sell vehicles that are the same model/year as the ones having problems.

Agreed 100%. I think the way they are handling it is great. I'm glad to see that they are halting sales instead of putting more problems on the road.

This doesn't change my opinion of Toyota. I have a Lexus now (made in Japan) and it's very solid car and has done nothing but impress me.

Actually the way they are handling it is VERY shitty!!! The first batch of the metal pieces that would fix the problems were sent to the FACTORIES to take care of the production vehicles FIRST instead of taking care of customers on the road! I guess theyre more worried about losing new customers than taking the ones already driving one.,,,,,

Isn't that the case with all car companies though? Seriously, you get treated like gold when you're a "browsing" customer, or while you're actually buying a vehicle, but after that sale is complete, do they really care? Uh...no . That's been our experience with the 3 different types of cars we've bought, from Toyota (love the 2 we have right now) to Dodge (total crap) to Ford (loved the Fords we had).

A lot of that depends on the individual dealer.

Ehwmatt wrote:A lot of that depends on the individual dealer.

Oh I'm sure, and I don't mean to make sweeping generalizations, I've just never known anyone who ever bought a brand new car to rave about how the dealership treated them afterwards.

Melissa wrote:

Ehwmatt wrote:A lot of that depends on the individual dealer.

Oh I'm sure, and I don't mean to make sweeping generalizations, I've just never known anyone who ever bought a brand new car to rave about how the dealership treated them afterwards.

Actually, our sales girl with Pontiac kept in touch frequently. She'd send cards with business cards inside. I'm sure hoping for future business. But now Pontiac went under They were great there though! It was the really old dealership on 50 in Orlando.