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Toyota may cut back US Prius allocation

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by DeanFL, May 26, 2009.

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  1. DeanFL

    DeanFL 2010 owner - 1st Prius

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    Some recent News....Cutting U.S. Allocation???

    Toyota could trim U.S. Prius allocation

    05/26/2009, 8:59 AM


    In response to a combination of heavy demand for the recently redesigned Prius[​IMG] in its home market of Japan and reduced demand in the gas price sensitive North American market, Toyota says it is considering shuffling its production allocation. Though the first batch of new Priuses will still make the overseas trip from Toyota’s[​IMG] two Japanese plants, some to-be-built Priuses might stay in Japan.
     
    #1 DeanFL, May 26, 2009
  2. Wooski

    Wooski New Member

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    Re: Some recent News....Cutting U.S. Allocation???

    Toyota will see the cars where they can make the most money. After making a loss this year I'm sure they will be even more aware of that than ever. Selling them in Japan means no currency issues and saves paying to sail them half way round the world. I do think they should just build more tho!

    I like the idea of the Gen 4 including space technology from the iQ. This makes total sense. Reducing size and weight is an obvious way of saving more fuel.
     
    #2 Wooski, May 26, 2009
  3. MaggieMay

    MaggieMay Active Member

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    Re: Some recent News....Cutting U.S. Allocation???

    I hate to be a self-centered oinky, but exactly what constitutes "first batch"? Particularly, will it include MY car??? :hurt:
     
    #3 MaggieMay, May 26, 2009
  4. 1SMUGLEX

    1SMUGLEX I love the smug!

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    Re: Some recent News....Cutting U.S. Allocation???

    Gas continues to rise here so lets see what happens. I fear the Lexus HS looked great when gas was $4.00 last year but not so great since it is still around $2 (regular).
     
    #4 1SMUGLEX, May 26, 2009
  5. JSH

    JSH Senior Member

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    Bad news for those US buyers waiting to buy a 2010 Prius. It makes sense though with current currency exchange rates.

    Toyota may cut back U.S. Prius allocation as demand in Japan soars - MotorAuthority.com

    Buyers in the U.S. looking forward to purchasing the new 2010 Toyota Prius may have to wait longer than they initially bargained for, following strong demand for the latest hybrid in Japan. Going on sale just a week ago in Japan, the third-generation Prius was a hit before it even descended on showroom floors, with Toyota already sitting on 80,000 advance orders for the car.

    Toyota’s original forecast was to sell just 100,000 units of the Prius in Japan for the entire year, but with this goal almost in sight after just a week of sales company execs are now considering reserving more units for Japan at the cost of international markets........
     
    #5 JSH, May 26, 2009
  6. hill

    hill High Fiber Member

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    Yea ... and since they sell the Prius at a loss (according to Bob Lutz), undoubtedly Toyota will be in the poor house in no time.

    ;)
     
    #6 hill, May 26, 2009
  7. usbseawolf2000

    usbseawolf2000 HSD PhD

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    So... Start building Priuses in Mississippi.
     
    #7 usbseawolf2000, May 26, 2009
  8. DaveinOlyWA

    DaveinOlyWA 3rd Time was Solariffic!!

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    already got mine, so like... who cares?? LOL
     
    #8 DaveinOlyWA, May 26, 2009
  9. KK6PD

    KK6PD _ . _ . / _ _ . _

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    Well said!!!! ROFLOL!!
     
    #9 KK6PD, May 26, 2009
  10. DaveinOlyWA

    DaveinOlyWA 3rd Time was Solariffic!!

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    actually i am kidding, well sort of. i do care, a little bit... a very little teensy weensy bit
     
    #10 DaveinOlyWA, May 26, 2009
  11. equake

    equake Member

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    Re: Some recent News....Cutting U.S. Allocation???

    So does this mean we will be seeing price premiums for 2010s without any discounting in the near term? :(

    I hope this is not just to try to boost marketing and demand efforts because the economy is not going to be picking up soon and the overall auto supplies will be at a glut with the domestic makers going under.
     
    #11 equake, May 26, 2009
  12. Steve Cebu

    Steve Cebu New Member

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    Re: Some recent News....Cutting U.S. Allocation???

    Gas is going through it's normal seasonal price increase. It does this every year at this time. Just like diesel fuel goes up in the winter due to increased demand for fuel oil.
    We might very well see $3 a gallon in a month or so. BUT it's supposed to come down again after the summer. There isn't any wild speculation driving up the price of oil right now, like there was before.
    Gas dropped to wonderfully low levels for a long time but gas won't remain under $2 a gallon. We are $2.41 for Irving (no name brand) gas. it's still cheap, too bad I can't lock in these low prices now. ;)
     
    #12 Steve Cebu, May 26, 2009
  13. Tech_Guy

    Tech_Guy Class Clown

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    Sounds like a pure business decision. If Toyota can make more money per car by selling them outside of the U.S. then they should do so...

    Keith

    (Maybe I should just forget about buying a 2010 Prius and just buy Toyota stock.)
     
    #13 Tech_Guy, May 26, 2009
  14. wacko999

    wacko999 New Member

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    Re: Some recent News....Cutting U.S. Allocation???

    Nooooo... say it isn't so.
     
    #14 wacko999, May 26, 2009
  15. Tideland Prius

    Tideland Prius Moderator of the North
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    *threads merged*
     
    #15 Tideland Prius, May 26, 2009
  16. FL_Prius_Driver

    FL_Prius_Driver Senior Member

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    Is this really a problem? I'm use to every car manufacturer making more "profitmobiles" whenever there is money to be made from making even more. Is Toyota getting out of that business?
     
    #16 FL_Prius_Driver, May 26, 2009
  17. fuzzy1

    fuzzy1 Senior Member

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    Not going out of business, just finding demand higher than the current factory and supply chain capacities.
     
    #17 fuzzy1, May 26, 2009
  18. FL_Prius_Driver

    FL_Prius_Driver Senior Member

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    I'm use to those being solved quickly when there is money to be made.
     
    #18 FL_Prius_Driver, May 26, 2009
  19. cycledrum

    cycledrum PSOCSOASP

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    Re: Some recent News....Cutting U.S. Allocation???

    Hopefully it won't turn in to last Summer's fiasco ....

    Nationwide shortage. People calling across the country to find certain package / color. Waiting list support group in the newbie section here. 3 months wait typical to get a 2008 Prius.
     
    #19 cycledrum, May 26, 2009
  20. Celtic Blue

    Celtic Blue New Member

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    Re: Some recent News....Cutting U.S. Allocation???

    \

    Ahhh...yes, the good old days... :D
     
    #20 Celtic Blue, May 26, 2009
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