• Apr 28, 2008
Although Toyota has recently claimed the title of the World's Largest Automaker in terms of global sales, the Japanese-giant is finding out that life at the top isn't all it's cracked-up to be. While the Camry, Corolla, Yaris and Prius sedans are reportedly brisk movers, the same thing cannot be said about Toyota's line of trucks and sport utility vehicles. Toyota has cut Tundra and Sequoia production already, but dealers are still declining to purchase them, pushing the number of unclaimed units to an all-time high. Automotive News quotes an unnamed Toyota dealer as saying, "Last month, Southeast Toyota had 9,700 vehicles that had been turned down twice by dealers and are either sitting at the port or at sea. That's a significant number." Right now, Toyota/Scion has a high 58-day supply of available inventory on hand.
Some dealers, though, see the high number of available units as a blessing-in-disguise. "We've been asking for more inventory for two years and now we finally got it. This is a great opportunity. You have to take it when you can get it," says Steve Cain, general manager of Lewis Toyota-Scion in Topeka, Kansas. Regardless of your viewpoint, we expect that Toyota will align itself with market realities in order to bring production in line with actual sales sooner rather than later. In other words, if you've been in the market for a Toyota truck, chances are good you'll get a decent deal.

[Source: Automotive News - sub. req'd]


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 36 Comments
      • 6 Years Ago
      i wonder how Longo is doing now...
      • 6 Years Ago
      LOL ! The lengths this blog staff will go to in order to trash/ harm Toyota...
        • 6 Years Ago
        Its big news to me that the automotive wonderchild is finally losing its steam....

        For that matter, they aren't currently producing many interesting developments, so if this is their only news, its their big news.
      • 6 Years Ago
      I think the point is, Toyota is usually the last automaker to be caught with its pants down. They have a reputation of keeping their finger on the production schedules to keep their inventory levels stable.
      • 6 Years Ago
      Corolla sales are down 13 - 14% across the board. It's not just the trucks. I'd rather have a Rabbit.
        • 6 Years Ago
        Or it could be, you know, the transition to the new model. Or the recession.

        Has anyone been paying attention to AB's "By the Numbers" postings the past few months? Most brands are flat or significantly down, excepting boutique brands that see month-by-month flucutuations that wouldn't represent half a percent of the movement of a Camry or F150.

        The Corolla is still the sixth-best selling car and the second-best (behind the Civic) selling compact, so their position isn't bad. According to Ward's Auto, the Corolla is selling about 10K/quarter behind the Civic (77K versus 67K). It's also selling 18K more per quarter than the Focus and Cobalt (49K, 48K). The Rabbit doesn't even place. What's especially fascinating, though, is that the Prius is selling 10th best, at 43K/qtr, or more than the _Tundra_ and only slightly less than the Sierra.

        That's sobering: Toyota has sold more Priuses than GM has sold Sierras (the Silverado still moves 122K, so it's not versus the GMT900s as a whole). That the Prius is even _in_ the top 10 is astounding, and I think it says something about how the industry is going to have to go.

        The first manufacturer with a hybrid compact pickup truck for a reasonably price is going to clean serious house.
      • 6 Years Ago
      "Regardless of your viewpoint, we expect that Toyota will align itself with market realities in order to bring production in line with actual sales sooner rather than later."

      I doubt that Toyota will bring over Kei cars with frugal gas millage. Or they will, but **** it up so royally....
      • 6 Years Ago
      i was actually in san diego and i past the port on highway and there was at least 100 tacomas waiting at the port to be delivered.
      • 6 Years Ago
      A lot of buyers are going to be facing some pretty sweet deals on some new Toyota's.
      • 6 Years Ago
      Those of you choosing to take your potshots at Toyota should click back toward the homepage and look at the new top story: GM cutting truck & SUV production at its plants.

      I think this is more about the overall economy (gas prices, inflation, money crunches everywhere) than it is about Toyota not having a competitive product. NOBODY can argue that GM cutting production isn't a bigger deal than Toyota doing so.

        • 6 Years Ago
        Hey Talking Turdbooger, did you see the story about GM cutting SUV production?

        So anything negative about Toyota is a potshot.....Hmmmmm...... go vote for Obama Toyota fanboy.
      • 6 Years Ago
      It doesn't look like this article is anti-Toyota, I think it's just showing that even Toyota isn't immune to the current crunch. It's not necessarily that the other manufacturers' models are bad, it's that no one wants them at all.
      • 6 Years Ago
      I'm scratching my head right now,i thought every one with trucks and SUV'S are finding it hard to sell them like before.not just toyota.can autoblog please tell us who's suv's are flying off dealers lots,
      • 6 Years Ago
      If it is mostly trucks and SUVs... are other makes experiencing similar issues or is it just a Toyota thing?
        • 6 Years Ago
        Toyota is just a fad that's passing by!! Now that the domestic are fully awake, you will see innovations that the Japanese are not good in doing. They are great copiers and no can take that away from them.
        • 6 Years Ago
        It also looks like American's are starting to smell the coffee and realize that Toyota's are no better than the others and the recalls are helping contribute to that.
        • 6 Years Ago
        Thanks. That's what I assumed... but with zero mention of any other brand or make, it appeared to be either an anti-Toyota post just looking to start some crap... or maybe an accidental lacking of detail.
        • 6 Years Ago
        Other makes are seeing exactly the same thing. Cheap, frugal cars selling better; larger, more wasteful vehicles not selling as well.

        To quote: It's the economy, stupid.
        • 6 Years Ago
        Wasteful? SUV's are not wasteful. They are good for the economy.
        • 6 Years Ago
        I think it is more to do with general slow sales of SUVs and trucks due to rising gas prices. The midsize and smaller cars seem to be doing well. Good time to buy a Toyota I guess.
        • 6 Years Ago
        check some facts dudes.. domestics have been shrinking their supply as of late.. But as per normal, if toyota is having issues, so must everyone else - toyotas is still not horrible, but for them it is out of control.

        In their lust to (by their own words) expand their marketshare in full sized trucks and SUVs they failed to see the signs.
        • 6 Years Ago
        Sales are down everywhere;especially in trucks and SUVs. Not surprisingly, hybrid sales are up this year again. Economy is doing poor and gas prices are high.

        Why was Toyota singled out? Well, its probably because its Autoblog.
        • 6 Years Ago
        Its not a Toyota thing, SUVs are down in general. It just looks particularly bad for them because they expect a huge ramp-up in sales of their large trucks and as such produced a quantity to meed a badly mis projected demand. They're competing in a shrinking market with superior competitors, that's never good for sales.
      • 6 Years Ago
      No one is immune. Any producers of large vehicles are going to have issues moving them, good price or not. Hell, some dealers are not taking suvs and large trucks as trades anymore.
    • Load More Comments