4 posts tagged “prius”
Toyota is taking strides to cut production even further in North America, as new car demand reach historic lows. While Toyota hopes to retain jobs during the production cutback, the automaker is hoping that such moves will align manufacturing with slumping demand in the US.
Management at Toyota is hoping that the production cuts will make the company even stronger in the long run. Already, Toyota has cut production, while streamlining operations at manufacturing plants, and created a hiring freeze. Plants no longer offer overtime and capital spending has been suspended. While dealers such as Garden Grove Toyota dealers brace for sweeping changes, it is hoped that the aggressive cost cutting moves will help the automaker weather the current slump in auto sales.
Additionally, Toyota plans on taking steps to help make their production process smoother. These steps include reducing work or pay weeks, eliminating bonuses, cutting wage increases, and cutting executive pay, and while these steps may seem drastic, Toyota and other automakers are in a position where swift action is necessary to prevent devastating losses. While pay and hours are likely to be reduced, Tustin Toyota dealers stress that Toyota is working hard to keep employees working, even if it means making cuts in other ways.
This year, Toyota hopes to retain its dominance as the world’s largest automaker. New cars such as the all-new 2010 Toyota Prius are likely to be important models in an effort to spur new car sales. The Prius in particular has been a sales leader in the hybrid vehicle segment, and is expected to see challenges this year from Honda and the new Insight hybrid. In addition to emphasizing hybrid vehicles, dealers are busy promoting Toyota truck accessories, car parts, service, and other profit centers.
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More Toyota dealer news and car reviews can be read on this blog.
Toyota hopes to show its prowess in the hybrid market by launching the all-new Toyota Certified Used Hybrid program. Already Toyota offers a Toyota Certified Used Vehicles program, but the new Toyota Certified Hybrid Program stand to provide added inspection and warranty protection specifically for Toyota’s hybrid models.
Hybrids are no longer a new technology, and hybrid models are increasingly available as pre-owned models at Tacoma used Toyota dealers. As such, Toyota wants to offer potential used hybrid shoppers the same quality that other certified buyers receive.
Toyota’s new certified hybrid program is the first of its kind. It was designed to drive additional used hybrid sales and improve the level of service it provides to its customer base. The has been well-received among dealers, especially Durango Used Cars whose customers have substantial interest in hybrid Toyota models. Among the added benefits from buying a vehicle within this program is a three month, 3,000 mile comprehensive warranty, a 7 year, or 100,000 mile limited powertrain warranty, and also a roadside assistance plan. This is on top of an eight year, 100,000 mile factory warranty that comes with the factory hybrid batteries. Overall, the program puts greater assurances on Toyota parts and components that pre-owned shoppers otherwise would not have.
In addition, the Toyota Certified Used Hybrid program ensures the vehicle undergoes a rigorous inspection. The inspection program includes 14 additional inspection points beyond that of the 160-point inspection that comes with other certified models.
Many potential used car shoppers such as those at one Cleveland used car dealer will likely see plenty of value in the Toyota Certified Used Hybrid program. Offering the level of quality and peace of mind that is available with a new car, this unique program will surely be a huge hit among consumers looking for fuel efficiency in an affordable package.
For more information about the all-new Toyota Certified Used Hybrid program, check out the press release below.
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Toyota Introduces Certified Used Hybrid Program
TORRANCE, Calif. (January 20, 2009) – In an effort to attract new buyers to the hybrid market, Toyota today launched the all-new Toyota Certified Used Hybrid (TCUH) program, an extension of the Toyota Certified Used Vehicles (TCUV) brand which provides added inspection and warranty coverage on certified used Toyota hybrids.
“The program is a great way to increase awareness of certified used hybrid vehicles,” said TCUV Marketing Manager, Steve Gallagher. “As more hybrids enter the used vehicle marketplace, Toyota Certified Hybrids offer high-quality options to customers interested in purchasing these fuel-efficient vehicles.”
As the industry’s first dedicated certified pre-owned program for hybrid vehicles, TCUH was designed to drive sales of certified used hybrids while expanding Toyota’s customer base for these types of vehicles.
Customers benefit from additional inspection and warranty coverage on Toyota hybrids within the program. Each vehicle comes with the three-month/3,000-mile comprehensive warranty, seven-year/100,000-mile limited powertrain warranty and roadside assistance plan offered on traditional TCUV models. The program also brings added awareness to a pre-existing eight-year/100,000-mile factory hybrid battery warranty. The TCUH quality insurance inspection also includes 14 additional inspection points beyond the current TCUV 160-point quality assurance inspection. This expanded 174-point Toyota Certified Hybrid inspection includes examination of key hybrid components, such as the hybrid transaxle, control modules and battery.
The Toyota Certified program combines the confidence of purchasing a new vehicle with the value of a used vehicle to provide a "like new" ownership experience. Toyota certified used vehicles offer consumers a smart alternative to traditional used car options and give them the peace of mind they seek when purchasing a used vehicle.
About Toyota Motor Sales, U.S.A., Inc.
Toyota Motor Sales (TMS), U.S.A., Inc. is the marketing, sales, distribution and customer service arm of Toyota, Lexus and Scion. Established in 1957, TMS markets products and services through a network of more than 1,400 Toyota, Lexus and Scion dealers. Toyota directly employs over 36,000 people in the U.S. and sold more than 2.2 million vehicles in 2008. For more information about our company, please visit http://www.toyota.com.
About Toyota Certified Used Vehicles
Launched in 1996, the Toyota Certified Used Vehicles (TCUV) program offers the next best thing to the purchase of a new Toyota. TCUV provides peace of mind in the purchase of a used vehicle that only a Toyota factory-backed certification program can offer. Since its inception, TCUV has sold over 2.4 million certified vehicles. Under TCUV, all vehicles undergo a minimum 160-point quality assurance inspection, including mechanical and appearance reconditioning. TCUV also offers a seven-year, 100,000-mile limited powertrain warranty, a seven-year, 100,000-mile 24-hour roadside assistance plan, a three-month, 3,000-mile comprehensive used car warranty and a CARFAX vehicle history report. Currently, over 93 percent of Toyota dealers offer vehicles under the TCUV program.
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As always, find more on Toyota hybrid news and more right here.
Toyota has announced that it will be lowering its global sales goals amid slowing sales in the North American market. The growth of Toyota has slowed dramatically, but it does still plan on moderate growth. It is estimating it will enjoy 1 percent growth, but it will fall short this year compared with 2007 where the automaker grew 6 percent and sold 9.37 million vehicles.
The weak US economy, the rising cost of oil, and the increasing cost of production materials have all contributed to softening the market overall. In addition to the sluggish North American market, the Japanese and Western European markets have also slowed. With these new estimates, Toyota now plans to sell only 2.44 million vehicles globally versus the original goal of 2.64 million vehicles.
Among the highest selling vehicles includes the Toyota Camry, Corolla, and of course the Prius hybrid. Many dealers are showing strong sales of hybrids as gas prices continue to concern drivers, helping not only the Prius but also sales of Toyota’s other hybrids, such as the Camry hybrid and Highlander Hybrid. The Yaris subcompact is also a strong seller thanks to its affordable base price and high miles per gallon.
Toyota remains the world’s second largest automaker in terms of annual vehicle sales behind General Motors. Thanks in part to high gas prices, which have significantly affected buyers at Golden Valley MN Toyota, GM and other American automakers have had dismal sales quarter after quarter, and while Toyota has not been immune to weak sales it has fared much better than its American counterparts.
High mpg models have given Toyota a lineup that has produced somewhat steady sales and emerging markets have been particularly good to Toyota. Markets such as Russia, China, and Indian have all helped offset losses in North America. Although Toyota remains a top seller in Japan, the market there has slowed considerably which has also added to losses. Among the changes at Toyota has included changes in truck and SUV production which has been necessary says dealers at Minnesota Toyota Dealer whose stock of trucks has sold slower recently. Already production of trucks has been reduced to better align production with demand.
While other automakers, particularly GM, have been losing billions of dollars, Toyota’s profits have actually been increasing at Toyota Dealer St Paul and other Toyota and Scion dealers all over the country. But as the auto market enters a period of declining sales across the board, especially in North America, those profits may begin to decrease.
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Look for more Toyota sales informaiton as it becomes available.
While the entire automotive industry continues to struggle with dwindling sales, Toyota may be in a better position to overtake General Motors in both U.S. and global sales as the latest sales figures are set to be released.
Automotive analysts have predicted that June sales results
could be the lowest rate in 16 years, and foresee continual drops in the near
future. But dealers such as Kinston Toyota realize that this also may signal an opportunity for Toyota to finally overtake
General Motors for the first time in the company’s history.
Toyota has seen significant advantages in the adverse environment
of the North American auto market. Among these advantages cites St Paul Toyota dealers include offering consumers
an array of compact and hybrid vehicles, which are currently in high demand
thanks to the ever-rising price of gasoline. GM on the other hand is struggling
to increase its compact and fuel efficient offerings.
In recent months, Toyota has been neck and neck with GM, who
has long-held the reputation for being the number one selling automaker. But as Toyota Kalamazoo knows, having
fuel efficient offerings may be the key component to future sales successes.
Already GM, Ford, and Chrysler have suffered as a result of their truck- and
SUV-heavy lineups.
During the month of May, Toyota sold a mere 9,300 vehicles
less than GM in the U.S., putting them within close reach of the sales leader.
An increasing number of sales are coming from the popular Toyota Prius hybrid.
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New developments in Toyota hybrid technology coming soon.
