Filed under: Sedan , Videos , Toyota , Earnings/Financials Eleven months after Toyota claimed the 2012 sales crown a couple of months early thanks to the Camry , the headlines this year have been quite a bit different to last. Even though the Camry remains the best selling car so far in 2013 and its volume has increased year-on-year, it has lost market share due to the 20-percent sales explosion in the midsize segment. That means people are buying more of the competitor offerings like the Honda Accord , Nissan Altima and Ford Fusion – the Altima, in fact, outsold the Camry by 100 units in March. In July it was reported that Toyota was upping Camry incentives and fleet sales to keep its lead and that dealer inventory was climbing as, again, competitors got better at fighting the champion. In August Ford doubled down on production of the Fusion, adding a line in Flat Rock, MI to keep up with demand. Bloomberg has a report looking at the numbers behind the Camry’s dominance, as well as what appears to be a recorded group interview with Toyota USA CEO Jim Lentz, and wonders aloud whether the Camry will be able to hold its top spot in 2014. Barring catastrophe it has this year locked up, being more than 30,000 sales ahead of the next-best seller as of the end of August, but it has done so with higher incentives and lower transaction prices than its competitors. According to Strategic Vision the Camry’s consideration rate among consumers has also declined by a percentage point, while the consideration rate for the Accord and Fusion has increased by one point and two points, respectively. Analysts, and Toyota, cite better competitor products as well as the fact that the Camry is a year older than any of them to explain what’s happening, but a year from now the three major competitors won’t be as new either, and Toyota knows a thing or two about moving cars. Still, the Camry has been number one for 15 of the past 16 years, its only second-place blip coming in 2001, so it’s way early to be talking about the fall of the champion.
Filed under: Government/Legal , Recalls , Safety , Toyota Toyota is going to be back in the spotlight, as the first of its unintended acceleration lawsuits is headed for trial. This case covers a Los Angeles sushi shop owner, Noriko Uno. According to the what the family told The Detroit News , Uno only put about 10,000 miles on her 2006 Toyota Camry in four years. Uno was apparently afraid of high speeds, avoiding the freeway and taking a route home along LA’s surface streets to avoid them. On August 28, 2009, Uno’s Camry suddenly accelerated to 100 miles per hour, eventually striking a telephone poll and a tree and killing her. The family contends that Uno attempted to step on the brakes and pull the emergency brake, neither of which brought her speed under control, while Toyota maintains that improperly installed floormats and driver error have been behind the majority of the 80 cases expected to be heard in court. In Uno’s case, The Detroit News is expecting the trial to focus on the lack of an override if the gas and brake pedals were pressed at the same time. Brake overrides were installed on Toyota’s European fleet. The Uno family attorney will need to prove to the jury that it wasn’t driver error that killed Noriko Uno. Uno’s case will be a bellwether case, which other state courts will use to predict potential outcomes for similar lawsuits.
Filed under: Car Buying , Budget , Sedan , Plants/Manufacturing , Chevrolet , Ford , Honda , Toyota Two of the hottest-selling cars in America aren’t quite as hot as they used to be. The Toyota Camry and Honda Civic are both seeing dealer supplies increase in the face of renewed competition from the much-improved Detroit Three. According to a report from The Detroit News , the Camry’s dealer inventory is 15 days higher than its seasonal average, while the Civic is 25 days above average. Things aren’t expected to get better for Toyota and Honda , as RBC Capital Markets analyst Joseph Spak marked the two Japanese offerings as “at risk for reduced output.” The Detroit Three, meanwhile, are seeing supplies dwindle as demand increases, especially for the Ford Fusion , which has seen an 18-percent increase in 2013 sales, and the Chevrolet Cruze , which was second only to the Camry in June 2013 sales. Ford currently produces the Fusion at its Hermosillo, Mexico, factory, but to cope with demand, it has added a second shift at its Flat Rock, Michigan plant, which will begin production of the Fusion later this year. Toyota Camry, Honda Civic inventories mounting as US automakers make inroads originally appeared on Autoblog on Thu, 11 Jul 2013 09:30:00 EST. Please see our terms for use of feeds . Permalink
TORRANCE, Calif. (July 2, 2013) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported 10 million sales of its Toyota Camry, America’s top-selling car for the past 11 years, representing nearly 20 percent of all the vehicles Toyota has ever sold in the U.S. This milestone comes the same year Camry celebrates its 30 year anniversary in the U.S.
Filed under: Car Buying , Truck , Chrysler , Ford , GM , Honda , Toyota With July 4th just around the corner, what better time could there be for Cars.com to announce that the Ford F-150 is the Most American car of 2013? This may be especially true since it was the Toyota Camry , a car produced by a company based in Japan, that had held the top spot from 2009 to 2012. Cars.com compiles its Most American list by considering the amount of parts each vehicle uses that come from America, where it’s final assembly takes place and how many units per year are sold. “While the assembly point and domestic parts content of the F-150 didn’t change from 2012-2013, vehicle sales are responsible for bumping the F-150 to the top spot,” according to Patrick Olsen, Editor-in-Chief of Cars.com . As far as automakers go (as opposed to individual models), Toyota retains the top spot it held in 2012, with General Motors , Chrysler , Ford and Honda (in that order) rounding out the list. The motivation behind this list each year, according to Olsen, is “to help car shoppers understand that ‘American-Made’ extends beyond just the Detroit three” and because “a study we conducted in 2012 indicated that 25 percent of shoppers surveyed preferred to buy American.” It should be noted, however, that Cars.com isn’t the only group with an American-made study, and not everyone agrees on the methodology used. In fact, a highly detailed study earlier this year by American University’s Kogod School of Business found that the Lambda CUV triplets from GM are the most American-made nameplates, and there isn’t a single vehicle from a Japanese automaker anywhere near its top ten. Feel free to browse the press release below to see how the full top-10 list breaks down. Continue reading Ford F-150 bumps Camry from top of Cars.com American Made Index Ford F-150 bumps Camry from top of Cars.com American Made Index originally appeared on Autoblog on Tue, 25 Jun 2013 00:01:00 EST. Please see our terms for use of feeds .
Filed under: Plants/Manufacturing , Toyota Over the past two years, Toyota has invested more than $2 billion at its North American production facilities, and it apparently doesn’t plan on stopping there. To keep up with recent strong sales, Toyota is investing an additional $200 million at its engine plants in the Southern US to increase production capacity of its V6 engines. The bulk of this money ($150 million) will go to expand Toyota’s engine plant in Huntsville, AL, which is currently responsible for supplying engines – four-cylinder, V6 and V8 – to eight of Toyota’s 12 domestically produced vehicles. That includes the best-selling Toyota Camry (shown above). Toyota didn’t say exactly what improvements are being made to the plant, but this follows last year’s $80 million investment in the plant that is set to be completed by next year raising the engine capacity to 750,000 annual units including 362,000 V6s. The remaining $50 million will go to the casting plants of Toyota-owned Bodine Aluminum in Missouri and Tennessee, which supply engine blocks and cylinder heads to the Huntsville engine plant as well as others in Kentucky and West Virginia. Scroll down below for the official press release. Continue reading Toyota investing $200M in Southern manufacturing Toyota investing $200M in Southern manufacturing originally appeared on Autoblog on Sun, 23 Jun 2013 09:00:00 EST. Please see our terms for use of feeds . Permalink
TORRANCE, Calif., June 19, 2013 — The Toyota Camry, America’s top-selling car for the past 11 years, is ranked the number one midsize car in the 2013 J.D. Power Initial Quality Survey.
Filed under: Videos , Toyota There are vehicles that, fair or not, will forever be associated with jerky drivers . But as this very recent footage from an in-car camera shows, even the most mundane of sedans can be piloted by an ass. In this video, the driver of one very beige Toyota Camry is driving like a person choked with rage. Though we don’t see which (if any) actions by our camera car might have lead up to the tirade, we do see the Camry driver swerving from lane to lane, in multiple attempts to get in front of and brake check the couple in the recording. According to the text associated with the YouTube video, the offending incident took place last week, on a section of I-880 near Fremont, CA. The uploader has gone so far as to include the date, time and license plate number of the Camry driver, in hopes, we guess, that some kind of legal action can be taken against him. Take a closer look for yourself in the video below . Continue reading Watch a Camry driver in full road rage Watch a Camry driver in full road rage originally appeared on Autoblog on Mon, 29 Apr 2013 18:58:00 EST. Please see our terms for use of feeds . Permalink