Do people still actually buy 4Runners? Why, for the love of all that’s holy?!

Just bought a new one a couple of months ago. Not for use as a commuter car, but as a trip car. Going to Alaska and the Canadian Rockies and really do not want to tackle that with the wife’s Camry.

Some of us just have different needs for a vehicle.

Played on the “crisis” and stood by the consumer in their time of economic difficulty. Very good image builder.

I guess we’ll see what they actually do, but I agree with ttac and expect them to raise prices. There are a lot of people in the US who are still no where close to considering Toyota, and some percentage of those folks would see a GM shuttering as Toyota’s fault and would never buy from Toyota. I think they’ll make the pragmatic choice to spend some of the goodwill they have with their customrs, and no doubt lose some sales in the short term to avoid becoming the whipping boy for the death of the big 3.

The problem is that consumers are strapped. The carmakers may find that, as price sensitive as consumers are today, they are becoming even more so. Not to mention, qualification for loans of all sorts is becoming more difficult.

The market will determine whether the carmakers really have the pricing power. I doubt it. I look for larger and larger incentives on new cars.

Because it’s a toyota, why else would they buy one?

Remember Pearl Harbor?

But we won that war, doesn’t that count for something?

Two possible moves they could’ve taken:

Played on the “crisis” and stood by the consumer in their time of economic difficulty. Very good image builder.

OR

Bent us over even further, making it MORE costly to save money.

Remember Pearl Harbor?

Toyota just sent out a message to all the other members of the oligopoly that they think it’s time to raise prices. They won’t move unless and until the others respond in kind.

The closest (in my knowledge) that happens in oil (other than the admitted collusion at OPEC meetings, and between oil states) is the constant announcements of plans to increase or decrease capacity that they all watch the others make. All the pol’s can make noise about investigations, but this is what they will likely find.