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(ABC)   Toyota's quarterly profit at $1.2B due to the fact that people would still rather buy a car that spontaneously accelerates than something from GM   (abcnews.go.com) divider line 63
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384 clicks; posted to Business » on 11 May 2010 at 10:39 AM (4 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2010-05-11 10:44:52 AM  
I guess enough people saw through the hysteria.
 
2010-05-11 10:57:25 AM  
H31N0US: I guess enough people saw through the hysteria.

Yeah, that and the fact that my last 3 Toyotas all went 200K+ miles without any major repairs before I sold them. I'll be buying another.
 
2010-05-11 11:01:20 AM  
I just bought a 2011 Toyota Camry this past weekend. Toyota has to have the most heavily tested cars on the market right now. Besides, if my Camry does take off and kill me, my family will have the most righteous lawsuit.
 
2010-05-11 11:08:36 AM  
Link (new window)

Toyota knows how old you are and tries to kill old people.
 
2010-05-11 11:11:27 AM  
Hmm, I was just thinking this morning that I bet Toyota is glad all the news coverage is off them for a while. They may even tout up their hybrids in advertising (first to the market with a oil-saving hybrid etc.)

I then thought that what BP needs to shift attention away from them is a nice juicy celebrity scandal/death.

/Cynicist, pessimist, or realist?
 
2010-05-11 11:14:01 AM  
put me on that list. Picked up a 2010 Corolla in the "we really got get these off our lot" sale.
 
2010-05-11 11:16:07 AM  
I have an old 1990 Toyota Celica that I keep in the back yard for sentimental reasons. One time it sat for almost six months without any human contact. I put in a new battery and it started right up without missing a beat. The air conditioning even worked. A quick oil change later I was driving down the street as if it had never been parked.

I have never owned a GM vehicle. Lots of German cars, one Datsun. one Saab and 3 full size Ford Broncos and one Ford Explorer. That Toyota is still my favorite even though I don't drive it anymore.
 
2010-05-11 11:22:46 AM  
queezyweezel: H31N0US: I guess enough people saw through the hysteria.

Yeah, that and the fact that my last 3 Toyotas all went 200K+ miles without any major repairs before I sold them. I'll be buying another.


I had an 82 celica supra (that's right, same car that year) with the straight six. This was in 96. Had over 200k on it. Sold it in 98 with around 230k...it still ran like a champ but all the peripherals were breaking down (tie rods, ball joints, etc). Plus it was rear wheel drive so I got tired of fishtailing all winter. Still, a great fun car with lots of balls.
 
2010-05-11 11:35:27 AM  
I have always considered Toyotas to be beige boxes for suburban moms, but this new "out of control deathtrap" marketing campaign they have has really made me reconsider the brand.
 
2010-05-11 11:36:38 AM  
You mean the "Buy American from Americans, foreign cars will kill you" scare tactic didn't work? Call me shocked.
 
2010-05-11 11:37:12 AM  
This weekend I'm trading in my 1993 Corolla for a 2010 Corolla. See you in another 17 years, car dealer.

My entire family has had good results with Toyotas and plenty of breakdowns with American crap.
 
2010-05-11 11:37:16 AM  
This just in...

www.robsell.com

...people are stupid.

/If iPhones started exploding tomorrow do you really think fanboys would stop buying them?
 
2010-05-11 11:38:03 AM  
Having owned both a GM and a Toyota, I can truthfully say I would buy another toyota in a minute. You couldn't pay me enough to buy another GM.
 
2010-05-11 11:39:14 AM  
www.steedshop.com

That is all.
 
2010-05-11 11:39:31 AM  
Government Motors hate thread? In my FARK business tab?
 
2010-05-11 11:45:06 AM  
fatimcgee:
/If iPhones started exploding tomorrow do you really think fanboys would stop buying them?


Toyota hasn't had a 'fanboy' vehicle since the Celeca / Supra.

And also : Fanboys wouldn't 'leave' the brand over an incident like this, thus it can't be fanboys 'buying' them back up because the fanboys never sold off. Not that I think toyota even has a 'fanperson' crowd anymore.. those types all went to Honda and Subaru.
 
2010-05-11 11:49:47 AM  
I own a 2006 Scion xA I bought new in August 2005. Other than maintenance items (brakes, tires, windshield wipers, oil changes), here is the total list of problems I've had with the car:

1. Stereo replaced under warranty.
2. Um, that's it.

When I replace this car in 2020 or so, I will definitely do so with another Toyota product.
 
2010-05-11 11:57:59 AM  
Know the difference between assembled in America and USAmerican made parts?

Toyota has the latter.

GM has the former.
 
2010-05-11 12:00:38 PM  
cristo_delenda_est: Government Motors hate thread? In my FARK business tab?

Color me shocked.

Why would a business thread hate on a company known for shoddy products, poor management, ineffecient financial work, and "tradition" that required a public bailout to stay in business for the sake of protecting jobs rather than fail in a way to let new entrants into a market? It's almost as if farkers believe GM was hoisted by its own retard and "foreign" firms are reaping the rewards.

~ Debby Downer, primary economist at the N.S. Sherlock Institute
 
2010-05-11 12:04:27 PM  
Wet Toilette Paper: Know the difference between assembled in America and USAmerican made parts?

Toyota has the latter.

GM has the former.


Are they actually 100% US parts? I thought they were actually Chinese components used to make the "US" parts?
 
2010-05-11 12:14:16 PM  
Wet Toilette Paper
Know the difference between assembled in America and USAmerican made parts?

Toyota has the latter.

GM has the former.


Interesting. I didn't know they used American made parts extensively. I did know that Toyota employs tens of thousands of Americans in local plants, donates heavily to US charities, and overall is very conscious of working to not provoke a backlash against foreign auto companies. I remember hearing in an interview with one of their execs a few years ago that they really didn't want the US automakers market share to shrink too much because of the backlash that could result. His words suggested a very Japanese attitude of making sure your opponents are able to "save face".
 
2010-05-11 12:21:56 PM  
queezyweezel: H31N0US: I guess enough people saw through the hysteria.

Yeah, that and the fact that my last 3 Toyotas all went 200K+ miles without any major repairs before I sold them. I'll be buying another.


This. My 2003 Toyota Sienna XLE has performed quite well, and continues to do so.
 
2010-05-11 12:25:36 PM  
fatimcgee: This just in...



...people are stupid.

/If iPhones started exploding tomorrow do you really think fanboys would stop buying them?


Given that the "error" is still completely unreproducible, and the government has just pushed this as a way to prop up GM rather than anything to do with actual safety issues, I'd say that people not falling for it indicates pretty much the opposite, actually.
 
2010-05-11 12:27:47 PM  
Jim_Callahan: fatimcgee: This just in...



...people are stupid.

/If iPhones started exploding tomorrow do you really think fanboys would stop buying them?

Given that the "error" is still completely unreproducible, and the government has just pushed this as a way to prop up GM rather than anything to do with actual safety issues, I'd say that people not falling for it indicates pretty much the opposite, actually.


I think touting government conspiracy as the source of Toyota's troubles puts you in the fanboy camp.
 
2010-05-11 12:31:19 PM  
queezyweezel: H31N0US: I guess enough people saw through the hysteria.

Yeah, that and the fact that my last 3 Toyotas all went 200K+ miles without any major repairs before I sold them. I'll be buying another.


Ugh, feel lucky. I picked up a 2001 Corolla with only 58K miles on it. Found out after a few weeks that it burned nearly 4 quarts of oil in 1500 miles of driving. Ruined the timing chain, and I probably need to do a full engine rebuild. It'll keep chugging along for a year or two, just so long as it gets a little more than a quart of oil every time I fill up for gas. (Essentially, my Toyota needs a 40:1 gas/oil mix).

All because Toyota built a bad engine, stuck it in a bunch of models, and used it for about 4 years. For example, see here: http://www.carcomplaints.com/Toyota/Corolla/2002/index.shtml. Toyota knew about it, because they fixed the flaw by 2003. But, they won't help customers who have older, bad engines. Most dealers refuse to acknowledge it was even an issue.

/Won't be buying Toyota ever again.
 
2010-05-11 12:35:50 PM  
Wet Toilette Paper: Know the difference between assembled in America and USAmerican made parts?

Toyota has the latter.

GM has the former.


This is true we make and source our parts as close to the market as we can. So Most (not all yet the hybrids are Japan made) Toyota vehicles are more American than most US brands.
 
2010-05-11 01:01:24 PM  
"Yeah, that and the fact that my last 3 Toyotas all went 200K+ miles...."

You got rid of them just in time. 200K?, I guess that is a big thing for a Toyota owner.
 
2010-05-11 01:13:54 PM  
Cool anecdote, bro?

Mrs. Anomaly is eligible for the GM Family discount: one can buy cars at dealer cost (typically 17% below MSRP). Our last two cars were Toyotas though. Previous one was a 2005 Prius; GM just didn't / doesn't have anything like that. Most recent was a 2008 Sienna; we were in the market for a minivan, GM's minivans are crap, Toyota's are pretty good.

/Before those, bought a 1998 Cavalier and 2001 Silverado
//Would probably buy Silverado again, with GM Family discount, if we're ever in the market for a new truck
 
2010-05-11 01:20:29 PM  
Toyota makes incredible products. Has for a long time.
 
2010-05-11 01:44:38 PM  
My 2000 Toyota Tacoma has a power steering fluid leak. This is the first problem I've ever had with it. Bought it new.
 
2010-05-11 01:55:52 PM  
If you don't have the patriotism to buy an American car...leave.

\Yes, I went there
\\I'm from Detroit
\\\I hate you all
 
2010-05-11 02:08:50 PM  
Or you could just avoid the FAIL of both companies.

Toyotas are reliable appliances that I'd rather kill myself than drive. (If it didn't do it for me)

GM is just garbage across the board.
 
2010-05-11 02:13:15 PM  
I'm getting a kick out of these replies...because I just bought a Tacoma about three weeks ago. I'd always wanted one, and I'd been driving my Durango for the last nine years and was just about sick of it. Plus, the deal was too good to pass up. Love this freakin' truck!
 
2010-05-11 02:16:49 PM  
Drakuun: Toyota hasn't had a 'fanboy' vehicle since the Celeca / Supra.

I believe 91% of Prius owners said they would definitely buy another one given the same opportunity. I know I'm one.
 
2010-05-11 02:19:45 PM  
therealburkazoid: I'm getting a kick out of these replies...because I just bought a Tacoma about three weeks ago. I'd always wanted one, and I'd been driving my Durango for the last nine years and was just about sick of it. Plus, the deal was too good to pass up. Love this freakin' truck!

Ditto. I love my 2005, although I'm really wanting to add one of these:

www.trdparts4u.com
/just rolled over 113,000 miles
//zero problems
 
2010-05-11 02:32:13 PM  
fatimcgee: If you don't have the patriotism to buy an American car...leave.

\Yes, I went there
\\I'm from Detroit
\\\I hate you all


If I was from Detroit I'd probably hate everyone else, also. You could always try moving!
 
2010-05-11 03:14:22 PM  
MrSteve007:
Ditto. I love my 2005, although I'm really wanting to add one of these:


/just rolled over 113,000 miles
//zero problems


Nice. They were offering the two year scheduled maintenance for free thing, with the option to upgrade it to three, four, or five years. I took the five years option, so for $720 all my scheduled maintenance for five years is covered...every-freaking-thing. I also took the option to up the bumper-to-bumper coverage to eight years. If I so much as fart too hard in it, they steam clean the seats LOL.

I love the way it rides, especially that the V6 is just as strong and smooth as the 318 V8 that was in my Durango, but the truck is a little lighter. Haven't tracked the mileage yet.
 
2010-05-11 03:16:27 PM  
MrSteve007: Ditto. I love my 2005, although I'm really wanting to add one of these:

Eh, forgot my question. So what's keeping you from adding the supercharger? About how much does it run?
 
2010-05-11 03:18:23 PM  
ITS CALLED A HISTORY OF MAKING QUALITY CARS. that is what Toyota has done.



History is something morons don't understand.
 
2010-05-11 03:55:28 PM  
Toyota makes CHEAP cars that the public thinks are quality.
They cut corners and use tech from the 60's and 70's.
Their cars are total crap.
 
2010-05-11 04:35:34 PM  
"History is something morons don't understand."

Well, moron, now Toyota apparently has tie rod problems along with all the other ones. Maybe if you paid closer attention you'd see the history of defects.
Link (new window)

At this point, what's next, spontaneous disintegration? Oh no, they did that already with the frames......
 
2010-05-11 04:41:26 PM  
phone4: Toyota makes CHEAP cars that the public thinks are quality.
They cut corners and use tech from the 60's and 70's.
Their cars are total crap.


Yeah, hybrid engines. Straight out of the sixties.
 
2010-05-11 04:50:35 PM  
Spontaneous acceleration still beats spontaneous combustion, like GM's aptly-named Fiero.
 
2010-05-11 04:53:04 PM  
fatimcgee: If you don't have the patriotism to buy an American car...leave.

\Yes, I went there
\\I'm from Detroit
\\\I hate you all


Not sure what capitalism is, are you? Freedom of choice ring a (Liberty) bell for you?

If you don't have the patriotism to allow people to express their opinions in a public forum... leave.

/Yes, I went there.
//I have owned 3 Japanese and 2 American cars; I treated them all well and they were all fine.
//We hate you too.
 
2010-05-11 05:09:52 PM  
Geotpf

Drum brakes, no ESP, look at the fit/finish and the materials on a Toyota
 
2010-05-11 05:23:07 PM  
I've driven a few Toyotas. The only one that had actual problems was a rental car (Corolla), so its issues were probably bad maintenance (fark Avis in the ear).

They're pleasant enough vehicles- very comfortable, but I have no desire to own one. Quite reliable, just no road feel at all. They're like a 1980s Buick or Oldsmobile without the steering slop and shiatty interior.

I like Hondas, but I'm not real pleased with their current offerings; their designers are apparently vision impaired.

/Will take a US made vehicle made from 90% US made parts over a Mexico made vehicle made from 75% US made parts every time, even if the nameplate is one of them "furrin'" jobs.
 
2010-05-11 06:00:02 PM  
phone4: Geotpf

Drum brakes, no ESP, look at the fit/finish and the materials on a Toyota


What current Toyota model doesn't have disc brakes and electronic stability control?
 
2010-05-11 06:27:02 PM  
Carolla has rear DRUMS
 
2010-05-11 07:02:20 PM  
I've had three Toyota products in the last year. My wife has had the same GM the entire time. When her car dies we're replacing it with a Toyota.

My first Toyota was a 96 Corolla with 187,000 miles on it. Guy pulled in front of me and totaled it. It had a few minor issues here and there but they were all relatively quick and easy repairs. Second was a 2005 xB that got totaled when someone else ran a red light. Liked that one so much I went out and bought the exact same thing to replace it for my third.

My wife's Cavalier is a piece of crap. Despite having 100,000 fewer miles on it when we went on vacation a couple years ago we still took the Corolla because we knew that would be the one to make it back ok. My sister bought it brand new and took really good care of it for a long time and then sold it to us for a good price. That thing has cost more in repairs than in purchase price. I'm just waiting for it to die so I can replace it with a Toyota.
 
2010-05-11 07:25:28 PM  
phone4: Carolla has rear DRUMS

So does the Chevy Cobalt, the direct GM competitor in that market segment.
 
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