Agent009
Agent009
"If everything seems under control, you're just not going fast enough."
View My AgentSpace

Print this Page | Digg It | del.icio.us

Are Honda and Toyota Attempting To Dump Cars On The Market?
Honda and Toyota both bumped up their June incentives in a major way, according to a new article in Automotive News. Year-over-year, Honda’s incentives jumped by 73.2 percent to an all-time high, and Toyota’s increased by 53.6 percent. That stands in contrast to the industry average, which actually dipped by some 7.3 percent versus a year ago.

Critically, however, even with that new jump, Honda’s incentives totaled an average of $1221 per vehicle, and Toyota’s moved to $1567. Despite big jumps, both companies remain well shy of the industry average of $2422.

Read Article
Are Honda and Toyota Attempting To Dump Cars On The Market?



Comments:

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters):
[img]IMAGE URL[/img]
Example: [img]http://agent004.myautospies.com/users/150/Sample-Gallery/sample1.JPG[/img]
sold2earlysold2early - 7/16/2007 10:53:20 AM
+1 BoostDrop the Boost Up the Boost
I'm in favor of anything that causes a further decline in Detroit's market share.

reply to this comment
paul3230paul3230 - 7/16/2007 12:08:59 PM
+1 BoostDrop the Boost Up the Boost
Wow..your ignorance amazes me..


EnnNorakEnnNorak - 7/17/2007 10:00:12 AM
+1 BoostDrop the Boost Up the Boost
No way -- we should support our domestic industry and not our economic adversaries. The way I see it, only GM is a serious contender among the domestics with fantastic new products and much improved quality these days. i don't mind a price war as it helps me the consumer. I wish GM would start selling vehicles over the Internet at close to dealer cost, reserving only a small commission to a consumer-designated delivering dealer. With all prices as low as possible and full price disclosure with no pricing gimmicks, consumers would be happy to deal almost excluively with the domestics.

The industry has been its own worst enemy with lack of full disclosure and too many gimmicky marketing schemes, crooked dealers, ignorant or untrained car salesmen and bad option packages.


sold2earlysold2early - 7/16/2007 2:14:37 PM
+2 BoostDrop the Boost Up the Boost
Paul,
FYI, ignorance means a lack of knowledge, for example stating something as fact that isn't. I simply said that I don't like the Big 3 and that I wish misfortune upon them.

bimmermike,
No, I don't belong to any one "camp", be it Lexus or any other make. There's lot of great cars out there, but very few from Detroit.

Lighten up guys.

reply to this comment
johnctjohnct - 7/16/2007 10:35:29 PM
+2 BoostDrop the Boost Up the Boost
Wish misfortune upon the big three at your own peril. If the US loses its auto industry the entire country will suffer. I am not going to defend the mistakes of the big three's past, but hoping for there iminent demise isn't very good for our country.


mikeydred20mikeydred20 - 7/16/2007 8:55:46 PM
+1 BoostDrop the Boost Up the Boost
This just proves statement from a few weeks ago that Toyota has more incenitives than Honda that's why they sell more, I just don't bother looking up thhe facts

reply to this comment
To post a comment for this story, you must first Login.

If you do not have an account, you will need to Register (It's Free!).

Most Recent Stories
A Day At The Los Angeles Auto Show - Agent 00J Asks the Questions He Thinks You Want Answered In His Search For the Truth!Honda And Acura Top Redisdual Value RankingsThe Most BRILLIANT Idea Yet On The Bailout! Should The Oil Companies Foot The Loans To Help The Auto Industry?Diamond-crusted Lamborghini key fob by Amosu Luxury2008 LA Auto Show: Honda Insight Concept introduces Ecological Drive Assist SystemHas BMW Found The Diesel Solution With The 335d?Are We Being Fair? US Automaker Bailout Raises WTO Legality ConcernsWEB RAGE FRIDAY RETURNS! Be Loud And Proud And Vent Your Gripes Now!House Speaker Takes The Bankruptcy Option Off The Table For The Detroit 3GM Returns 2 or 7 Corporate Jets After Whipping Shed Moment In WashingtonCar Driver Names Its Top 10 But Is Your Favorite On The List?Volkswagen Jetta Diesel Wins 2009 Green Car of the YearLaw Makers Approve Short Term Bailout With ConditionsJaguar XF Cabrio to debut at the 2009 Detroit Motor Show in JanuaryLA 2008 Live: 2010 Cadillac CTS Sport Wagon is here even though its delayedLA AUTO SHOW: More Goodies For The Eyes From The Show Floor In The City Of AngelsOfficial: 2009 Porsche Cayenne Diesel unveiled and priced at €47,250Volkswagen Touareg TDI Trophy Truck unveiled in LALast Ditch Deal With Automakers May Get Approval- But Can They Be Trusted?GMAC Files For Banking Status In Effort To Access $700 Billion Bailout PackageVw Touareg V6 TDI priced at $42,800Saab 9-6x patent photosLA AUTO SHOW: The All New RX, The Bread And Butter Crossover/SUV Makes Its Grand Entrance Audi Sees Dual Clutch Transmissions Making Into 90% Of Lineup In Near FutureMitt Romney Makes An Open Call To Let Detroit Go Bankrupt LA AUTO SHOW: Infiniti's G37 Convertible Officially Hits The RoadCongress Takes The Detroit 3 To The Whipping Shed And They STILL Have No Clue Why!Jaguar XF coupe and convertible receive the greenlightLA AUTO SHOW: 2009 Bentley Azure TunveiledLA AUTO SHOW: 2009 BMW 750 Li gets iDrive powered owner’s manualLA AUTO SHOW: 2009 Nissan 370Z pricing announced2010 Nissan GT-R No Longer with Launch ControlLA AUTO SHOW: First Day Recap Highlights From The Show Floor-Some Sweet Stuff!LA 2008: Honda surprises with FC Sport fuel cell sports car conceptLA AUTO SHOW: Toyota's New CNG Powered Hybrid Camry Is A GasLA AUTO SHOW: Mazda 3 Compact Sedan Gets A Re-do And Will Be The Future Underpinnings For The Next Ford Focus. THANK GOD!LA AUTO SHOW: Nissan's Iconic 370z Gets Edgy With This Redo Audi's Q7 and A5 Both Take KBB Top Resale Value Honors How About The Full Scoop On BMW's New 7 Series Hybrid!German Company Offers GM $1.3 Billion To Buy Opel And Turn It GreenFord of Europe to remain profitable in 2009, says CEODetroit Three Beg For Money From Congress After Arriving In Corporate Jets2009 Porsche Cayman and Boxster facelift unveiled in Los AngelesJaguar Leads The Pack In Latest Sales Satisfaction Index 2010 Ford Mustang Live Reveal at Santa Monica Airport (Video)LA AUTO SHOW EXCLUSIVE STUD OR DUD? Did Infiniti One Up BMW's 3 Series Cabrio With The G37 Convertible?LA Auto Show Preview: Lamborghini Gallardo LP 560-4 Spyder2010 Nissan Cube Revealed: Coming to U.S. in spring 20092010 Mercury Milan & Mercury Milan Hybrid Launched in L.A.2010 Ford Fusion Facelift Breaks Cover