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Comments
Isn't that what a CEO says just before he goes ahead & does precisely the opposite?
When did you last see a Mitsubishi that didn't have rental car bar code stickers in the rear side windows? Is anyone actually laying down cash for one of these things?
AFAIR, Wagoner wasn't going to resign, and GM wasn't going to go bankrupt, either. :shades:
Truth...Mitsubishi doesn't need you. They'll get along fine without you.
Mitsubishi's just getting started.
2021 Kia Soul LX 6-speed stick
As they should have done.
2014 Malibu 2LT, 2015 Cruze 2LT,
And after such great movement in the plates on the far edge of the Pacific Plate, I expect movement in the plates on this side of the Pacific now at a higher probability.
2014 Malibu 2LT, 2015 Cruze 2LT,
That's a relief! Knowing that, I'll sleep better tonight.
Question answered: They don't rely on the American market
Sorry iluv, I just couldn't resist, you really just stepped right into that one! :-P :shades:
Besides, Suzuki has to go before Mitsu does, so you have a few years of new Mitsus to go yet.
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
DUH!
2021 Kia Soul LX 6-speed stick
Korean car makers will probably be the big winners.
Perhaps but they would have to be up 500% to match their best year, 2002.
54% more than nothing is still nothing.
Korean car makers will probably be the big winners.
I could not agree more.
Toyota will do OK in the USA because it seems like mostly smaller car production is affected, plus in terms of volume most cars sold here are built here.
Globally, though, production will take a big hit, I predict. Look how many are still without power in Tokyo.
Millions in Tokyo have no power, plus resources will be diverted to the recovery (and later rebuilding) effort.
Folks, the island moved EIGHT FEET! Simply stunning!
I imagine, in fact, that GPS maps will have to be updated, since some of them are accurate to the foot (or less). A GPS may think you're in the wrong lane, for instance.
Japan automakers extend shutdowns amid parts shortages as quake impact widens
Read more: http://www.autonews.com/apps/pbcs.dll/article?AID=/20110314/OEM01/110319954/1117- #ixzz1GaJtQrLC
U.S. production may even be hit if plants there can't get parts normally imported from Japan
Honda has 113 suppliers in the quake zone and still can't get in touch with 44 of them
Reported gasoline shortages, triggered by damaged refineries, have further contributed to a logistical and transportation snarl.
A trade-off of the just-in-time inventory is that they don't exactly have stockpiles of spare parts laying around.
Auto Industry Shuts Down in Post-Quake Japan (Inside Line)
That's worse than I thought.
Prius sales were way up last month, so the timing could not be worse. Supply will be well below demand for a while.
Lexus was also short on supply, and that'll only get worse. They may not have any cars to sell at all. Only the RX is unaffected.
The Yaris and Scions haven't been doing too much volume, so the US market won't be affected much by those.
My brother is waiting for a manual trans Forester Premium, and if it didn't get out before the quake, he's screwed.
They make the Legacy and Outback in Indiana but that plant has been chugging along at capacity. They gave one of those assembly lines to Toyota, ironically, to build Camrys. They didn't know the new Outback would be such a hit, now that model is in short supply.
Subaru has wanted to shift more production here and this may only help that argument.
Subaru could grow another 20% overnight if they only had more supply right now. Looks like the opposite will happen.
http://www.autoblog.com/2011/03/11/study-pontiac-drivers-mainly-sticking-with-gm- /
Overall GM did well, though, retaining just over half of them.
That's better than Chrysler did when it phased out Plymouth.
Even the most hardcore racist "Buy American" types should take notice...
Such a sad and horrific event, everytime a new piece of video makes it to the airwaves, my heart sinks. My thoughts and prayers certainly go out to the people of Japan.
Toyota would be wise to phase out incentives on any model directly affected.
Lexus CT sales will likely be affected, big time. Just when it launched, too.
I think all dealers are unscrupulous - or at least it has no relation to the make of car. In the latest CR, they reviewed the Volt and indicated that they paid a $5K premium above list to buy it on the open market.
That's always been my experience....
Quake Aftermath Severe, Deep Auto Sector Impact (AutoObserver)
Oh really?
If the current MARKET for a Chevy Volt happens to be 5000.00 over MSRP than that's what it is!
What if the car became a flop and the dealers had to lose money in order to sell them? would that make the buyers "unscrupulos"?
Personally, I wouldn't buy a Volt for what a dealer paid for one but if someone is willing to pay a premium price to be "green" or be the first one on the block, that is their choice!
You mentioned "open market" and that is exactly what it is!
I agree that adding to MSRP on a car is legitimate. What would you call selling water during the 9/11 attack for way over the regular price? Such as Starbucks did on that fateful day? I am not comparing a Volt, Leaf or Prius to selling water during a disaster. However taking advantage of a situation such as the high price of gas when selling the presumed best cars to cope, is stretching the concept of fair market price. I would never succumb to the temptation. Many buyers are weak. I had a thought of buying a Honda when they first offered the Accord Hybrid. The dealer had a $3000 premium tacked on and not allowing test drives. I have not entered a Honda lot since that day. That is just my way of dealing with such nonsense.
I agree that a retailer has the right to sell at over MSRP. However, if I was one I probably wouldn't use that ebay approach in my business. I think in the long run you end up alienating customers more than what you gain short term. There was a very successful independent chain of gas stations/convenience centers around here. Right after 911 they really gouged up their gas prices. People were offended and outraged. Customers responded with a boycott and the chain was out of business within 6 months. Not only did the owners make very little off their ripoff attempt, they ended up losing it all and IMO they deserved to. Very few successful business people make it with shortsighted, short term practices.
Oh really?
If the current MARKET for a Chevy Volt happens to be 5000.00 over MSRP than that's what it is!
I worded it incorrectly. I meant that "dealers from ALL makes can be unscrupulous". Meaning that the brand does not matter - you can get good dealers or bad ones. And supply and demand is the way it is. When a car is scarce (in my example, the Volt), some dealers are going to take advantage of the situation by marking up the price. When nobody wants a model - you will see big incentives. And this is true no matter what brand it is.
I told the Honda salesman I have never bought a vehicle without test driving it. His response was the Accord Hybrid was in such high demand they did not want to put miles on the ones they get in. We all know how the Accord Hybrid sold for Honda, ZILCH. A big waste of R&D. It sits in the hall of flames. Honda never caught up with Toyota on the hybrids, technology wise.
That explains the dip in sales Jan-Feb. They had no cars!
4Runner is also on there.
Leaf will continue to command markups when there's a 7 day supply that just got cut off. Nissan has 6 models on that chart, too.
My brother is shopping for a model on that list - when shoppers don't find the color and options they want, they postpone their purchase. He's still waiting.
I doubt Lexus didn't have the capacity, so blame poor planning. They didn't expect sales to bounce back so soon.
That startled me enough to look it up and it's true! Too bad I don't like Starbucks. I can't stop going because I didn't go anyway.
Meanwhile, though, yo blaming Honda for the ADM and the other poster blaming Hyundai are barking up the wrong tree. The problem is the dealers - not the manufacturer.
I hate markups beyond MSRP and there are dealers here that do that kind of junk on really pedestrian cars and get away with it. They just don't get my business.
When we bought our first Ody it was back in the time when the dealers were selling over MSRP. I wound up with a choice of being on a six month wait list for MSRP or another dealer who would deliver immediately for $2K over. I chose dealer number one and had teh car in a matter of weeks as it turned out - before I even needed it!
Don't let Craig see that.....
that said, one of my key things in buying cars is to never buy a car in a color I don't like. It's not even just color - but I won't touch something that has any feature that I really dislike. Life is too short to put up with an ugly car.
Of course we also have to look at the supply side - they may have cut production.
I think it's that plus a lot of sales pulled forward for those annoying December-to-Remember ads.
Couple that with a model and color, and who knows if he'll ever find one.
He's shopping for a Forester, and Subaru is affected like most.
Yeah, if you're not buying a Miata all of a sudden a manual transmission is a hard thing to come by anymore.
I love that one of my coworkers just bough a Fusion with a stick. She'd been driving an old Outback with one and when it hit time to replace the car a stick was at the top of her must have list.
many of them were unfounded and based solely on the urging of message boards
Careful what you say on line!
He is on the wait list waiting for next month's allocation. Of course those may be delayed now...
RAV4 is auto only now. The Fusion you mentioned offers a manual or AWD, but not both. We drove an Escape but out of hundreds in stock not a single one was manual, and it would have to be FWD anyway. CR-V is auto only. Sportage manual forces FWD, same for Tucson. No manual Equinoxes.
Rare, rare to find AWD+manual. Subaru is just about the only one...
We have a PZEV model so who knows what would happen, probably a big explosion and lots of endangered species becoming extinct. LOL
Fintail on the other hand, where you can see into the gas tank (predates every emissions control) will overflow with little warning, gotta keep an eye on it.
Perhaps here in MD the pumps themselves do a good job of sucking out the fumes to make room for the gas? Could be.