Toyota to shut down plants in N. America

I stopped taking all sensationalized media outlets seriously, Thank God for PriusChat!

 

2011 Prius did quite well in retained value after five years per http://priuschat.com/forums/other-c...1-best-retained-value-awards.html#post1303510.

 

p.s. Prius holds its value quite well right now - in half a year, with gas prices going up, i expect it to go even more in retained value front as people will look at mpg a lot.

i wouldnt be surpised if in 2-3 years Prius becomes best when it comes to retained value, no matter what the class.

 

KBB resale value sucks and is worthless. All that matters is real market price.

 

Further support for your assertions being flat out wrong...

See Japanese Auto Industry Loses 1.4 Million Units. Notice that Honda was VERY badly affected percentage-wise in terms of output?

If you're going to get upset/riled up over something, at least do it on correct information.

 

does anyone know if any toyota plants in the US have actually closed in the past three months since this thread started?

 

they worked less hours, nothing has actually shut down.

 

I wonder whose voicemail they hacked to get this story?

 

And what about Japan production?

An Israeli on-line news site ynet was quoting the Nikkei on July 14 (with no reference given):

• Toyota updates its production forecast for the current Japanese fiscal year to 7.7M vehicles (300,000 more than previous forecast.
• As for end June production is almost full, while previous forecasts was November.
• Toyota planning to boost production starting October and is planning to add 4000 temporary workers for this boost.

(the above link is in Hebrew, hope it translates reasonably)

 

lol. Good one.

Unfortunately the source was toyota, that did a really bad job of PR. No real big deal though. I believe there were rolling 1 day shut downs of plants, which I would simply call a slowdown. Friends that are by the train tracks did mention they saw fewer loads of parts going to the truck plant. I closely follow a couple of parts suppliers, that do supply Toyota and the other Japanese automakers in North America. They have both said that the recovery of production is faster than they initially expected.

 

More supporting data that Red Solitaire's assertions are wrong. Honda and Acura sales were down more for August 2011 than Toyota/Lexus per August 2011: Slow Recovery Edition. American Honda Reports August Sales -- TORRANCE, Calif., Sept. 1, 2011 /PRNewswire/ -- mentions reduced vehicle supplies.

$0.02 indeed...