Toyotas to become more expensive

Interesting...good time to raise prices. B/c Toyota knows, people will say..."that's crazy"...but the truth of the matter...people will still buy regardless!!!

— BigShow50 (View Profile)

Posted on 5/5/2008 10:23:04 AM | reply to this comment | Votes: -2   

You fit the mold quite nicely!

— 800over (View Profile)

Posted on 5/5/2008 10:58:32 AM | reply to this comment | Votes: 5   

Old news. Wasnt this already posted?

— 0to60 (View Profile)

Posted on 5/5/2008 11:05:57 AM | reply to this comment | Votes: 1   

Hmmm... I have to buy Yaris immediately.LOL...

— dikarocks (View Profile)

Posted on 5/5/2008 11:27:50 AM | reply to this comment | Votes: -4   

prices are being raised largely to compensate for exchange rates. luckily for the japanese, the yen has not appreciated nearly as much as the euro. european carmakers simply can't raise prices by the HUGE amount that would be necessary to compensate for the euro's all-time high.

— enthusiastx11 (View Profile)

Posted on 5/5/2008 12:10:24 PM | reply to this comment | Votes: -2   

Heres what will happen as a result of the weakening dollar:
People will shift towards buying American cars again (yes, I know it sounds crazy) Imports will become significantly more expensive and deliver little advantages despite the price differences.

— w209w114 (View Profile)

Posted on 5/5/2008 12:28:09 PM | reply to this comment | Votes: 0   

Knowing Toyota this could be a marketing stunt using "fear tactics" in order to pressure people into buying cars now by telling them they will be more expensive in the near future. The yen hasnt appreciated as much as the euro and a significant hike (notice the european brands havent had any despite the rise of the Euro) would be disasterous to the demographic which Toyota feeds off of. I guess that double digit drop in sales is starting to drive the CEOs desperate.

— w209w114 (View Profile)

Posted on 5/5/2008 12:32:11 PM | reply to this comment | Votes: -1   

When are people going to realize that Toyota quality is nothing anymore. They are always having cars recalled. I think it's 3 already this year !!!!

— nicecars (View Profile)

Posted on 5/5/2008 1:33:39 PM | reply to this comment | Votes: 0   

Toyota was actually up in sales by over 3 % and Ford, Gm, and Chrysler down over 10% or more !!!

— AMiodynski (View Profile)

Posted on 5/5/2008 2:25:19 PM | reply to this comment | Votes: 2   

Wow, higher material costs. I thought only BMW suffered from that when they were trying to partially explain why profits were flat 2 years running.

BMW's probably scared Toyota is starting to creep into their price range.

— huu76 (View Profile)

Posted on 5/5/2008 7:44:14 PM | reply to this comment | Votes: 0   

I agee with w209 on this though. Sales will be down if prices are high or low, so raise prices now and when people start buying again, you have morewiggle room.

BMW should've thought about this before they decided to release their econobox 1-series.

— huu76 (View Profile)

Posted on 5/5/2008 7:45:52 PM | reply to this comment | Votes: 0