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Toyota article in The Economist

Discussion in 'Fred's House of Pancakes' started by Zoot, Nov 12, 2007.

  1. Zoot

    Zoot New Member

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    Interesting article on the state of Toyota in the Economist:

    http://www.economist.com/business/displays...ory_id=10097827

    "Another sign of the times is that Toyota, which never used to discount its cars, now gives its dealers almost as much money to help close sales as GM does. According to Art Spinella, of CNW Marketing Research, Toyota's dealer incentives “have more than tripled in the last three years†to an average $3,752 for each vehicle."

    Z.
     
  2. Tideland Prius

    Tideland Prius Moderator of the North
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    two words: Art Spinella.

    I'm not reading this.
     
  3. F8L

    F8L Protecting Habitat & AG Lands

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    <div class='quotetop'>QUOTE(Tideland Prius @ Nov 12 2007, 03:15 PM) [snapback]538599[/snapback]</div>
    Ditto lol

    After seeing so much BS come out of that guy I put him in the same category as Rush Limbaugh. Well maybe a notch or three above. :p
     
  4. Godiva

    Godiva AmeriKan Citizen

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    Because Art Spinelli knows so much about Toyota.

    Yeah, right.
     
  5. TonyPSchaefer

    TonyPSchaefer Your Friendly Moderator
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    I don't know Art but I can spell CNW.
     
  6. tochatihu

    tochatihu Senior Member

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    Whatever the wholesale price on vehicles really is, one of the two largest auto manufacturers is making money selling them (hint: not GM). A focus solely on incentives seems to miss the point.
     
  7. MarinJohn

    MarinJohn Senior Member

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    Art Spinella has as much credibility as your president. NONE at all. Not worth reading/listening to. They're both total frauds, in it for their own personal gain and everyone else be damned.