As Japanese automakers saw their production levels back to normal, should the U.S. dealers finally be able to build their inventories lean, after months of prey. According to Automotive News, companies can try to the situation, to improve total sales by year of massive incentive and advertising costs. The report notes that some showrooms are currently only half of their holdings before the disaster - and this despite the fact that the number of available vehicles has increased in recent months. The earthquake and tsunami led to a shift in market shares, with Japanese brands by 6.7 percentage points from its level before the earthquake lose of 38.8 percent. Automotive News reports that Toyota has seen its market share fall from 2.6 percent to 11.6 percent.
The introduction of the seventh generation Camry can help the cause of this society and its rivals Honda and Nissan can try to start a price war in order to keep buyers in the family. This could mean more incentives that buyers either car manufacturers in the recent past. In addition, the report finds that manufacturers crank to the budget announcement of the production must be adjusted. The rush of cash was to take root in the fourth quarter, which means automakers need to make it through Q3, first.
Tuesday, August 2, 2011
Analysts predicting big year-end incentives blitz to salvage yearly numbers
Posted by ipul at 2:08 PM
Labels: Toyota Marin Dealer
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