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Rivals take aim at Toyota customers amid recall

Reuters -- DETROIT/FRANKFURT - Toyota Motor Corp's (7203.T) largest rivals are declaring open season on the automaker at a time when the industry leader is seen as most vulnerable in its largest market.

Ford Motor Co (F.N) and Hyundai Motor Co (005380.KS) said on Friday they are rolling out incentives targeting Toyota customers, looking to win sales as Toyota is reeling from a suspension of sales of most of its line-up in the United States due to a massive safety recall.

The companies are following the lead of General Motors Co GM.UL, which on Wednesday began offering Toyota customers payouts of up to $1,000 or zero-percent financing for up to five years if they trade in a Toyota for a GM vehicle.

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Submitted Feb 05, 2010 By: Mudsprings

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Martinman Champion Author Mississippi Posts:12,522 Points:1,741,020 Joined:Sep 2005	Message Posted: Feb 7, 2010 8:46:42 AM Ignore Martinman Report Abuse REPOST !
gnolutak Champion Author San Jose Posts:4,006 Points:787,500 Joined:Jan 2010	Message Posted: Feb 6, 2010 7:09:55 PM Ignore gnolutak Report Abuse i agree. no surprises here
pigmanTX Champion Author Houston Posts:1,282 Points:370,730 Joined:Nov 2008	Message Posted: Feb 6, 2010 6:08:57 PM Ignore pigmanTX Report Abuse Duh? Of course Toyota's rivals are going to pounce. It is exactly what happened when Ford had the issue with the roll overs. No surprises here.
gs7101 Champion Author San Antonio Posts:3,743 Points:276,855 Joined:Jun 2009	Message Posted: Feb 6, 2010 7:56:03 AM Ignore gs7101 Report Abuse It's a dog-eat-dog world out there -- no one is surprised by rivals taking advantage of Toyota's downfall in the auto industry.
99dakota Champion Author Providence Posts:6,262 Points:1,813,125 Joined:Oct 2006	Message Posted: Feb 6, 2010 6:22:45 AM Ignore 99dakota Report Abuse As well they should!
CruisinLinda Champion Author Tallahassee Posts:7,947 Points:1,621,420 Joined:Sep 2005	Message Posted: Feb 6, 2010 2:52:50 AM Ignore CruisinLinda Report Abuse It's a car-eat-car world.
camel1 Champion Author Minnesota Posts:6,547 Points:1,919,690 Joined:Jul 2006	Message Posted: Feb 6, 2010 2:36:22 AM Ignore camel1 Report Abuse Get 'em while they're down!!
ottodrommo Champion Author Wichita Posts:3,484 Points:753,760 Joined:Jun 2005	Message Posted: Feb 6, 2010 2:14:35 AM Ignore ottodrommo Report Abuse Seize the day
YLHandyman Champion Author Orange County Posts:5,009 Points:931,010 Joined:Feb 2008	Message Posted: Feb 6, 2010 2:05:11 AM Ignore YLHandyman Report Abuse Gee who would have thought this would happen.
LilRedWagonIN Champion Author Indiana Posts:5,957 Points:1,209,550 Joined:Oct 2008	Message Posted: Feb 6, 2010 2:04:52 AM Ignore LilRedWagonIN Report Abuse Even Kia will have commercials on Sunday.
PetroScopper Champion Author Houston Posts:4,890 Points:1,198,085 Joined:Aug 2008	Message Posted: Feb 6, 2010 1:46:17 AM Ignore PetroScopper Report Abuse It's time for other automakers to capitalize... I don't blame them. I'm Toyota would do the exact same thing if they were in there position. It's all just business - you make a huge mistake, and you have to pay for it!
ciimike Champion Author Nevada Posts:3,991 Points:851,455 Joined:Aug 2005	Message Posted: Feb 6, 2010 1:43:30 AM Ignore ciimike Report Abuse Typical marketing ploys.
grouch311 Champion Author Illinois Posts:6,133 Points:1,252,205 Joined:Jun 2007	Message Posted: Feb 6, 2010 1:40:58 AM Ignore grouch311 Report Abuse this is surprising? hit them while they're down, just business practice [Edited by: grouch311 at 2/6/2010 1:42:16 AM EST]
grouch311 Champion Author Illinois Posts:6,133 Points:1,252,205 Joined:Jun 2007	Message Posted: Feb 6, 2010 1:40:18 AM Ignore grouch311 Report Abuse pbc2001: is that your stock phrase? you never post anything else, is that how you got your posts up?
pbc2001 Champion Author Dallas Posts:2,316 Points:417,405 Joined:Feb 2009	Message Posted: Feb 6, 2010 1:35:49 AM Ignore pbc2001 Report Abuse Will this bring the price of fuel down?
007HS Champion Author California Posts:6,959 Points:1,852,385 Joined:Aug 2003	Message Posted: Feb 6, 2010 1:34:27 AM Ignore 007HS Report Abuse General Motors Co GM.UL, what is the GM.UL? Stock market designators?
ILVET Champion Author Illinois Posts:13,030 Points:2,578,995 Joined:Jan 2005	Message Posted: Feb 6, 2010 1:33:27 AM Ignore ILVET Report Abuse To each his own
250FORD Champion Author Minnesota Posts:8,309 Points:1,304,260 Joined:Feb 2007	Message Posted: Feb 6, 2010 1:26:35 AM Ignore 250FORD Report Abuse vibdata If the playing field were level Ford would top Toyota with every vehicle in their line just as GM would. Wheels can fall off of a Toyota or Honda and they would still get better marks from the ones who "test" these vehicles. They must be be rolling in the dough for these marks as the government has been after Toyota for years for quality issues. I know a couple here who think Honda is the best and think this even though they have had far more trouble with them than their F-150 and the the Dodge 1500 before it and the Chevy 1500 before that. Just a note, the vehicles were the same year in all cases. So don't give me this crap that Toyotas and Hondas are better than the vehicles made here.
goldseeker Champion Author West Virginia Posts:17,154 Points:2,359,465 Joined:Sep 2005	Message Posted: Feb 6, 2010 1:24:45 AM Ignore goldseeker Report Abuse OK
REVLAW Champion Author San Antonio Posts:8,583 Points:1,647,065 Joined:Jul 2007	Message Posted: Feb 6, 2010 1:22:24 AM Ignore REVLAW Report Abuse Must be an administration idea.
RENEGADEGAS Champion Author Missouri Posts:12,795 Points:1,233,825 Joined:Jul 2008	Message Posted: Feb 6, 2010 1:18:10 AM Ignore RENEGADEGAS Report Abuse Nice...Government Motors throwing money around as if it was given to them for free! Oh wait it was, by American taxpayers.
Wizrd03 Champion Author Illinois Posts:6,327 Points:1,273,210 Joined:Oct 2008	Message Posted: Feb 6, 2010 1:15:54 AM Ignore Wizrd03 Report Abuse You could name your price in a toyota showroom...
roadrunnerMO Champion Author Kansas Posts:6,536 Points:1,339,385 Joined:Jul 2008	Message Posted: Feb 6, 2010 1:12:43 AM Ignore roadrunnerMO Report Abuse Good time to buy a Toyota.
gasaholicNC Champion Author North Carolina Posts:1,098 Points:1,128,460 Joined:Sep 2008	Message Posted: Feb 6, 2010 1:12:25 AM Ignore gasaholicNC Report Abuse GM offering people's Taxpayer money from their bailout to lure toyota customers I rather Buy A ford
JoeKR Champion Author New Jersey Posts:7,748 Points:1,489,200 Joined:Feb 2006	Message Posted: Feb 6, 2010 12:58:48 AM Ignore JoeKR Report Abuse Unlike previous years, I guess one can actually bargain on Toyotas rather than pay above list.
Bussman Champion Author Dallas Posts:4,142 Points:1,069,515 Joined:Nov 2008	Message Posted: Feb 6, 2010 12:55:24 AM Ignore Bussman Report Abuse This is a good strategy. Same thing the Asian automakers did back in the 70's and 80's.
vibdata Champion Author Massachusetts Posts:2,983 Points:629,710 Joined:Nov 2005	Message Posted: Feb 6, 2010 12:42:52 AM Ignore vibdata Report Abuse hahahaha. Hey Ford don't aim at me. Your cars are just plain BAD.
Hunter114 Champion Author Chicago Posts:6,303 Points:1,098,760 Joined:Apr 2009	Message Posted: Feb 6, 2010 12:39:57 AM Ignore Hunter114 Report Abuse All's fair in car wars. The big 3 are positioning themselves to pick up the pieces.
cheapertvs Champion Author Richmond Posts:8,404 Points:2,381,620 Joined:Jan 2004	Message Posted: Feb 6, 2010 12:37:45 AM Ignore cheapertvs Report Abuse This sounds like normal business practice in an effort to gain market share. Thank heaven for free enterprise. Still, GM, Ford and Chrysler have a difficult up hill climb if they choose to match the quality levels of Toyota. I know: I have owned a Saturn, a Pinto and a Plymouth in my life time. I still have my last Plymouth, but there a lot of items that continue to require fixes. I rarely have anything to fix on my Corolla except normal wear items (tires, batteries, oil, filters, etc).
Ticoman54 Champion Author Miami Posts:5,439 Points:1,157,085 Joined:Oct 2008	Message Posted: Feb 6, 2010 12:36:40 AM Ignore Ticoman54 Report Abuse No surprises and Toyota deserves to lose market share.
pyndasky Champion Author Maryland Posts:8,126 Points:1,426,580 Joined:May 2008	Message Posted: Feb 6, 2010 12:35:42 AM Ignore pyndasky Report Abuse market opportunity? .....sorta fundamental to capitalism
danreino Champion Author Twin Cities Posts:6,812 Points:1,244,240 Joined:Mar 2008	Message Posted: Feb 6, 2010 12:35:40 AM Ignore danreino Report Abuse The seed has been planted. Here comes the precipitation.
52MPG Champion Author Dayton Posts:5,449 Points:1,384,285 Joined:Apr 2006	Message Posted: Feb 6, 2010 12:31:52 AM Ignore 52MPG Report Abuse Economic competition? Amazing.
vulcan96 Champion Author Ohio Posts:21,918 Points:2,746,390 Joined:Aug 2004	Message Posted: Feb 6, 2010 12:30:28 AM Ignore vulcan96 Report Abuse this could be good for American sales !
must87searcher Champion Author Maryland Posts:7,179 Points:1,421,625 Joined:Apr 2008	Message Posted: Feb 6, 2010 12:30:27 AM Ignore must87searcher Report Abuse When a manufacturer comes up with a problem, it is natural that the competitors want to use it to make some money. This can be very true since Toyota has such a large problem during a time with such a bad sales market.
kyrunner Champion Author Lexington Posts:7,140 Points:1,339,945 Joined:Aug 2008	Message Posted: Feb 6, 2010 12:30:04 AM Ignore kyrunner Report Abuse All of these other car companies had better tread lightly because they never know when the next recall will hit them and paybacks are hell.
eddyp94 Champion Author Ontario Posts:7,293 Points:1,488,685 Joined:Mar 2008	Message Posted: Feb 6, 2010 12:25:55 AM Ignore eddyp94 Report Abuse even toyota has it problems...welcome to the real world...
BWD Champion Author Charleston Posts:3,116 Points:1,760,940 Joined:May 2004	Message Posted: Feb 6, 2010 12:21:44 AM Ignore BWD Report Abuse Toyota slipped up so it's game on!
SBlouch Champion Author San Antonio Posts:7,357 Points:1,564,580 Joined:Apr 2007	Message Posted: Feb 6, 2010 12:21:08 AM Ignore SBlouch Report Abuse Of course Toyota's rivals will be out to get the better hand of the woes they are having right now. Plus, their rivals will also be given incentives to Toyota customers hoping to get their business. But Ford needs to be careful as in 1996, they had a higher recall than Toyota.
tweety258 Champion Author Grand Rapids Posts:1,474 Points:1,157,700 Joined:Apr 2008	Message Posted: Feb 6, 2010 12:14:17 AM Ignore tweety258 Report Abuse You said it, Gary65!
MRED3 Champion Author Jacksonville Posts:3,666 Points:816,820 Joined:May 2009	Message Posted: Feb 6, 2010 12:12:35 AM Ignore MRED3 Report Abuse Sounds good but Ford needs to watch out for there own recalls.
Gary65 Champion Author Toronto Posts:1,540 Points:565,335 Joined:Jan 2009	Message Posted: Feb 6, 2010 12:11:57 AM Ignore Gary65 Report Abuse I wish FORD the best, buy American.
tweety258 Champion Author Grand Rapids Posts:1,474 Points:1,157,700 Joined:Apr 2008	Message Posted: Feb 6, 2010 12:11:11 AM Ignore tweety258 Report Abuse rxman: You're right; however, at least the profits go to an American country not to foreign countries.
Blue_Cruzer Champion Author Lexington Posts:5,702 Points:1,310,480 Joined:Mar 2007	Message Posted: Feb 6, 2010 12:10:47 AM Ignore Blue_Cruzer Report Abuse I believe Toyota's sales and reputation will be down for quit a while.
rxman1 Champion Author Toledo Posts:7,600 Points:1,503,845 Joined:Nov 2007	Message Posted: Feb 6, 2010 12:07:54 AM Ignore rxman1 Report Abuse An American nameplate does not guarantee an American car.
preacherjohn Champion Author Modesto Posts:2,799 Points:1,599,200 Joined:May 2006	Message Posted: Feb 6, 2010 12:07:54 AM Ignore preacherjohn Report Abuse Way to go Ford keep up the good work...
tweety258 Champion Author Grand Rapids Posts:1,474 Points:1,157,700 Joined:Apr 2008	Message Posted: Feb 6, 2010 12:05:49 AM Ignore tweety258 Report Abuse You couldn't pay me enough to buy a Toyota (or any other foreign car) BEFORE all of this happened!! I say the American auto companies need to take advantage!! C'mon, everyone, BUY AMERICAN!!!
divebomber Champion Author Nebraska Posts:4,254 Points:1,452,175 Joined:Jun 2007	Message Posted: Feb 6, 2010 12:05:42 AM Ignore divebomber Report Abuse When you are #1 like Toyota everyone wants a piece of you.
CobraLeader Champion Author New Jersey Posts:267,902 Points:1,200,750 Joined:Apr 2007	Message Posted: Feb 6, 2010 12:03:04 AM Ignore CobraLeader Report Abuse ... Regardless of Toyota's recent foul up(s), I still love my Hyundai! ...
Jarod13 Champion Author Virginia Posts:3,470 Points:1,136,380 Joined:Oct 2008	Message Posted: Feb 6, 2010 12:01:35 AM Ignore Jarod13 Report Abuse Toyota's competitors will still have a hard time taking away customers because they still need to produce a product that consumers want and desire. It's been years since they've produced a string of winning vehicles that can overtake Toyota and other foreign automakers. But time will tell if they're able to overtake Toyota....