Toyota Tundra Sales Tanking, Is there a Problem?
Posted by admin on Wednesday Jul 2, 2008 Under Toyota
While it’s not absolutely unexpected, sales of the Toyota Tundra plummeted about 53% in June 2008 compared to June 2007. Adjusted for affairs canicule (only 24 in June 08′ compared to 27 in June 07′), that still works out to a 47% sales abatement month-to-month. Year over year, however, Tundra sales accept abandoned alone about 8%. This is due to the actuality Toyota awash almost few Tundras in the aboriginal division of 2007 - the new Tundra did not admission until backward February of that year. Toyota again accomplished 2007 able with Tundra sales accretion 196,555 trucks.
We accept revised our 2008 Tundra sales projection, and now ahead Toyota will advertise about 150,000 Tundras in 2008. Considering the action of the new car exchange and the anticipation of aggressive adjoin the new 2009 Ford F150 and 2009 Dodge Ram, it’s absolutely accessible our bump of 150k Tundras will be bargain further.
It’s important to bethink that Toyota is not abandoned - every barter architect is adverse double-digit year over year sales declines in their barter lines. As of appropriate now, Toyota Tundra year over year sales accept beneath beneath than any added half-ton barter (excepting the Honda Ridgeline, but that’s not absolutely a truck). In added words, don’t let any Ford, Chevy, or Dodge owners acquaint you Toyota’s in trouble. If anything, the Dodge Ram is the a lot of acceptable applicant to disappear. Rumors that Chrysler has beat their operating banknote accept some analysts assertive they’re acceptable to book bankruptcy.
What this agency to you: If you’re in the bazaar for a new truck, this is annihilation but abundant news. Incentives are abandoned traveling to access from this point forward. If you’re searching to get rid of your truck, however, this account isn’t too good. As new car incentives increase, acclimated car ethics drop. We’re aswell anxious that this weakness in Tundra sales will adjournment the development of the HD Tundra. Some analysts activity that an HD Tundra with a 7.4L agent will admission as anon as 2012, but we accept this bump is a bit optimistic. In fact, we wouldn’t be afraid if Toyota absolutely paused development of the HD adaptation of the Tundra awaiting changes in the marketplace.
The 4.4L agent Tundra (light duty), however, is still on clue and should be accessible backward next year as a 2010 model.
Tundra Sales Figures:
June 2007: 21,727 - June 2008: 10,238
Total sales thru June 2007: 82,840 - Total sales thru June 2008: 76,516
