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As car sales slump, Scion,Toyota and Lexus keep selling

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Old Jun 25, 2008 | 03:02 PM
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Default As car sales slump, Scion,Toyota and Lexus keep selling

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http://online.wsj.com/public/article...f_main_tff_top

The Toyota Motor Corp. Scion xB, another recently redesigned compact, is up 59%...

But there are also some surprising winners -- including a handful of gas guzzlers. Sales of the Toyota Sequoia, a large SUV, rose 29% to 14,100 in May from a year earlier, making it the only vehicle in the "large utility" segment for which sales have grown this year, according to J.D. Power & Associates. ...

The Lexus LX 570 was redesigned for the 2008 model year, according to Lexus, Toyota's luxury division ...

Karen Bean of Albany, N.Y., says she bought a Lexus LX 570 earlier this year because she likes how it looks, drives and accommodates her tall family. Having a comfortable, attractive interior and a vehicle that she enjoys driving is important enough that she is willing to accept the fuel expense. She can afford it, she says. Ms. Bean thinks that buyers of higher-end SUVs haven't altered their spending habits, despite a sluggish economy and high gas prices. "If you're buying an $80K+ car, you better be able to afford the gas that goes in it," she says. ...

Another big vehicle showing a hefty sales jump is the Toyota Tundra, a pickup truck that averages 15 mpg. Its sales have risen 8.5% to 66,278 since the beginning of the year, even as sales of large pickups have slumped 22% overall. Toyota said the Tundra's sales gains in part reflect low year-earlier sales, as production was just getting going in early 2007. Whatever the reason, the bright start to the year doesn't look sustainable. The truck's sales slumped in May, and Toyota has applied incentives of up to $3,000 cash back or 0% financing to lure buyers. Toyota also has slowed the assembly lines building the Tundra, as well as Sequoia...

Examples of models that have suddenly surged in popularity include the van-like Mazda5, up 46%, and tall wagons like Hyundai Motor Co.'s Kia Rondo, which more than doubled, and the Toyota Matrix, up 56%...
Old Jun 25, 2008 | 11:48 PM
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xB2 rocks.
Old Jun 26, 2008 | 08:32 AM
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lemme guess, the hybrids are selling better than the forefunner/tundra?
Old Jun 26, 2008 | 07:04 PM
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Hi! I'm context information! Have we met?

This article is sort of missing a big piece of relevant information. I realize that 59% was probably added after the fact, but should we really be comparing to the first month the car existed. In May of LAST year the xB2 had just come out. I don't even think we were advertising at this point.

Unless you were at an auto show or closely watching car news outlets, you wouldn't have seen it. So I would HOPE we're up from that point, now that the average American has actually had a chance to see the product.

I'm curious how the percentage is going to develop in the coming months. Also, if gas is such a big deal, I wonder how the xB1 would be selling at this point...
Old Jun 27, 2008 | 12:22 AM
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Originally Posted by ZOMGXB
Hi! I'm context information! Have we met?

This article is sort of missing a big piece of relevant information. I realize that 59% was probably added after the fact, but should we really be comparing to the first month the car existed. In May of LAST year the xB2 had just come out. I don't even think we were advertising at this point.

Unless you were at an auto show or closely watching car news outlets, you wouldn't have seen it. So I would HOPE we're up from that point, now that the average American has actually had a chance to see the product.

I'm curious how the percentage is going to develop in the coming months. Also, if gas is such a big deal, I wonder how the xB1 would be selling at this point...
Here you go:


Old Jul 2, 2008 | 05:31 PM
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Originally Posted by ZOMGXB
Hi! I'm context information! Have we met?

This article is sort of missing a big piece of relevant information. I realize that 59% was probably added after the fact, but should we really be comparing to the first month the car existed. In May of LAST year the xB2 had just come out. I don't even think we were advertising at this point.

Unless you were at an auto show or closely watching car news outlets, you wouldn't have seen it. So I would HOPE we're up from that point, now that the average American has actually had a chance to see the product.

I'm curious how the percentage is going to develop in the coming months. Also, if gas is such a big deal, I wonder how the xB1 would be selling at this point...
That is the beauty of statistics and in this case it sounds good so they used it. Most people are not smart enough to take into account what you did. Statistics lie, or can be used to make a point that makes it sound like something is good, or bad.
Old Jul 3, 2008 | 02:49 AM
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Default Re: As car sales slump, Scion,Toyota and Lexus keep selling

I think this slump effects all the automakers. The only Automakers that posted a gain in the US were Honda, Subaru and Hyundai. These gains were not very big.

Toyota's June numbers were down 22% over June 07.
Old Jul 6, 2008 | 03:45 PM
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..

Last edited by paul34; Mar 6, 2012 at 07:59 PM.
Old Jul 6, 2008 | 03:53 PM
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Only 11.5%? I got 21% from AutoNews.com, but then again, it still reports it as #2 world automaker.
Old Jul 6, 2008 | 04:08 PM
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^ Mostly because Toyota is still #2.

Look at the number of sales, GM outsold Toyota 265,937 to 193,234.

http://www.autoblog.com/2008/07/01/b...t-bad-edition/
Old Jul 6, 2008 | 04:20 PM
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Oh wow. Disregard that last part of my post then.
Old Jul 8, 2008 | 02:51 PM
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Originally Posted by noservice2001
lemme guess, the hybrids are selling better than the forefunner/tundra?
Toyota Corp is telling dealerships the prius is atleast a 6months backorder we can't even give out prices because some people who are picky with package and color might get an 09 instead of the 08 they ordered
Old Jan 29, 2009 | 12:25 PM
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