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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (28676)4/27/2005 4:14:57 PM
From: Tommaso  Respond to of 116555
 
>>>IMO Toyota is the most aggressive on prices to win market share. I've seen many times ads for Camry with automatic tran, A/C for $16K. Nothing, nothing can beat this price. Honda never discounts Accord or Civic that much.<<<

I think you are right about that. Furthermore, Camrys starting with the 2003 (which I own) were put into what had been the Avalon body, and are not only reliable and economical, but also spacious and quiet, with plenty of power. And those prices you mention include also power door locks, cruise control, power driver's seat, CD player, clock, thermometer, good storage spaces, etc.



To: ild who wrote (28676)4/27/2005 4:15:10 PM
From: TH  Respond to of 116555
 
ild,

Agree completely. Toyota is the most efficient army in the battle. Honda is pretty damn good too.

Still, if GM and Ford raise prices, there is more room for Toyota. And, Ford and GM are going to raise prices at some point in the not too distant future.

The problem with Ford and GM is that new programs (tooling) are amortized on "good times" volumes. When bad times come, they are taping 100's to each windshield with every unit sold. That is why so many questioned Bob Lutz's decision (one of his last before his, um, "promotion?" to Global Activities <g>) to pull ahead the new 900 truck platform. To throw more money into this segment, with sales being down as much as they are, is a big, big risk. He got his "new" job just about a week later, so many in power at GM must not have thought too highly of the idea.

I dunno. I'm confused. What do I know? I think POG should be $768.

GT
TH



To: ild who wrote (28676)4/27/2005 4:15:36 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 116555
 
<<Honda never discounts Accord or Civic that much.>>

Apparently because they don't have to. They had great earnings out yesterday, up over 20% (especially compared to Ford, GM or even Nissan). I have no position, but both they and Toyota are exceedingly well run.