All Entries in the "Auto News" Category
Toyota’s Operating Profit Falters on Yen Exchange, Car Strategy – Time Invest in Toyota Tundra?
Toyota announced its operating profit fell 15 percent in the latest quarter and they are lowering their annual forecast to a four-year low. Executives blame the profit loss on a strong Yen affecting exchange rates and the changing appetites of U.S. consumers who simply aren’t buying staple models – Camry, Corolla and Prius – like they used to according to an Autonews.com story. Toyota says they will respond by cutting payroll and looking for additional savings. While that is a short-term fix, the long-term solution, I think, should be reacting to the market trends and investing more resources into the Tundra.
The Toyota Prius is a perfect example of the changing face of the U.S. consumers buying habits in that it isn’t selling that well compared to Japan where it is a perennial top seller.
July 2016 Truck Sales – Mid-Size Trucks Dominate
The surprising resurgence in mid-size trucks has fueled another month of increased truck sales with those trucks dominating the results. While their full-size brethren tried to keep pace, the mid-size trucks were really the July sales stars.
With the new 2017 Toyota Tacoma TRD Pro hitting dealer lots later this month, one should expect Tacoma sales to continue to grow.
Now on Tacomahq.com – 2017 Toyota Tacoma TRD Pro Pricing, 2018 Nissan Frontier Predictions, 2017 Chevy Colorado ZR2 Spied, 2019 Jeep Pickup Speculation
The mid-size market has been exploding lately and with it so is the news. Don’t miss a slew of articles on new and upcoming trucks over at Tacomahq.com including pricing for the 2017 Toyota Tacoma TRD Pro.
