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Friday, June 20, 2008

How far will Prius sales drop in June?

40 percent in May, how far down in June?

I was just browsing an article that Mainstreet.com posted on the Toyota Prius regarding how the Prius can save money on gas, but good luck finding one at a fair price. Since Toyota only planned on producing 180,000 Prius hybrids per year for 2007 and 2008, availability on the Prius could be trending downward for the rest of the year.

In 2007, Toyota sold its full allotment of Prii, and sales through 2008 have been blowing away the 2007 numbers every month until May. So, quite simply, Toyota is running out of hybrid cars for the rest of 2008, just as demand is skyrocketing. And, thus far, Toyota has essentially claimed that nothing can be done to alleviate this problem until sometime in 2009.

Labels: Hybrid Vehicles, toyota prius

posted by Dahcredyns at 7:04 AM

6 Comments:

Blogger Dahcredyns said...

Not long after posting this story, CNBC ran a segment on how traffic at car dealerships is dropping fast. Gas prices over $4.00 aren't just making consumers concerned about the type of car they drive, but the overall economy. Eventually, this fear might push even hybrid buyers away from dealerships. Keyword: might.

8:22 AM  
Blogger Nozferatu said...

Good...I can't stand any group going out and panic buying anything...what a bunch of morons.

Just watching these suckers run out and buy Prius's makes me sick...jacking up prices for everyone.

Same stupid phenomenon is going to occur with cars like the Honda Fit...every idiot is going to want to have one finally because it's chic and the "IN" thing to do.

Which points out a particular disturbing issue...people here DON'T do things because they want to or it's better for them..they do it because everyone else is doing it.

9:51 AM  
Blogger Dahcredyns said...

bling, bling, baby. our society values image over substance too regularly.

the only thing good about that, is maybe the people could eventually do the right thing, not because they think its right, but because everyone else is doing it. that's not a perfect world, but its better than nothing.

boy, i feel pathetic even hoping for such a thing.

10:06 AM  
Anonymous Anonymous said...

Toyota projected sending close to 200,000 to the US this year, so it's right on track with 80000 sold through the first 5 months.
So they should average ~16000 per month for the rest of the year.

11:08 AM  
Blogger Dahcredyns said...

well, i had heard that 200,000 number before, but after reading the street's article, which was - i assume - based on a recent toyota interview, there might not be that many prii in the bucket.

i mean if the number is 200,000, why say only 180,000?

additionally, perhaps Toyota has decided to scale back on prius production. slightly, in preparation for the third generation prius, and the new toyota hybrids that will soon hit America.

11:15 AM  
Blogger Dahcredyns said...

interesting...

just saw a story about copper on CNBC. copper shortages are expected to increase for the next few years according to a cncb report.

since hybrids use twice as much copper as conventional vehicles, i wonder how much of an effect this could have not just on today's hybrids, but upcoming hybrid vehicles??

11:25 AM  

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