In anticipation of increased demand during the second half of the year, Toyota announced on Thursday it will be increasing vehicle production for the United States by about 65,000 vehicles. Toyota’s inventory levels have decreased dramatically over the past few months, leaving the automaker in short supply of some of its most popular vehicles.
Since the market collapse of 2008, Toyota has worked to reduce inventory levels to about a 40-day supply. Although Toyota’s June sales plunged 32 percent, supplies of some of the automaker’s most popular models – such as the RAV4 – have dwindled to just 20-days.
“We’re seeing some optimism in the market,” Bob Carter, Toyota’s U.S. manager, told Automotive News.
Moreover, Toyota’s light trucks are performing better than expected. While Toyota’s passenger car sales fell 37 percent last month, its light truck sales dropped just 27 percent. As such, Toyota will be increasing production of its Sienna minivan, RAV4 compact SUV, Tacoma small truck and Tundra full-size in the coming weeks.
Toyota’s announcement follows closely on the heels of Ford’s plan to boost third quarter production by 16 percent.
07/02, 5:26 PM
posted by:
Bankruptcy2009
I would’nt be too quick to pickup production just yet. I think the Fusion Hybrid will outsell the Camry By Years end for sure.
07/02, 5:30 PM
posted by:
johnnycanuck
Good. As long as it’s nothing in their current lineup.
07/02, 5:30 PM
posted by:
leftwingagenda
“As such, Toyota will be increasing production of its Sienna minivan, RAV4 compact SUV, Tacoma small truck and Tundra full-size in the coming weeks.”
you don’t exactly see camry in that sentence…
07/02, 7:01 PM
posted by:
Borat
Yep you don’t see Camry: it is best selling sedan. I don’t know why, just for the past 20 years it is. Lets dream when Ford & GM 9or whatever) will outsell Camry, meanwhile last year it outsold them all. Perhaps those despicable japs know somethings better then our geniuses do?
07/02, 7:37 PM
posted by:
aggie531
didnt they do that with the Sienna
07/02, 8:14 PM
posted by:
The Stig
More toasters…
07/02, 10:15 PM
posted by:
Dante_JoseCuervo
Yup, gotta give it to them. The Camry is a damn good car, no ifs ands or buts about it. Funny how they just don’t mention it.
07/02, 11:26 PM
posted by:
Bankruptcy2009
Borat glad to see you have a sense of humor and at the same time tell the unmitigated truth of it all.
07/03, 9:23 AM
posted by:
ricky_b
I do believe Toyota has some of the best engineering and quality in the industry, but they really lack passion in the way their cars drive and handle. Everyone I know who owns a Toyota talks about quality, reliability, isolation from the road, etc. Not one of them has ever said they bought a Toyota because it was a great driving machine. To me, this is what’s going to hold them back more than any other thing.
I think Ford is trying to bring back that “driver” delight. That’s why I can’t wait to see some of their Europ designs integrated into more of the US products.
07/03, 4:18 PM
posted by:
idrinorbarsaku
speaking of best engineering and quality, I just had to wait for 30 minutes because a damn camry was on fire in the engine bay area. POS!!!!!
07/03, 7:21 PM
posted by:
aggie531
^^ i saw an 02-06 camry on fire in LA last year in the same place-engine bay. i passed it and then heard a huge BOOM. there was no other wrecked car nearby. strange. was the camry you saw the same generation?
07/03, 8:19 PM
posted by:
cereal
I’d like to see the Fusion outsell the Camry. And maybe the Malibu too. (and maybe a few other midisizers too)
Then maybe Toyota will greatly reconsider their Camry.
-eat your cereal
07/03, 8:19 PM
posted by:
cereal
err, reconsider the next one. Methinks it’s too late for the current one to get any better.
-eat your cereal
07/04, 1:10 AM
posted by:
idrinorbarsaku
aggie531,
yep! It was a red one just like this,
http://cgi.ebay.com/ebaymotors/2002-CAMRY-SE-AUTO-2-4L-SUNROOF-PW-PL-CD_W0QQitemZ250448080878QQcmdZViewItemQQptZUS_Cars_Trucks?hash=item3a4fde6fee&_trksid=p4506.c0.m245&_trkparms=65%3A-1|39%3A1
07/04, 1:12 AM
posted by:
idrinorbarsaku
but they have had a problem with fires starting due to their oil filters exploding….sooo, that’s one more reason why I will never buy a camry, or any toyota for that fact! What’s wrong with nissans that would make someone buy a toyota?